Jaguars sign LB Damien Wilson

[Wilson8]

I am not an NFL comp pick expert and I’ve never played one on TV, but I think this information is correct.

So far Chiefs related player activity for 2021 Free Agency -

Gained
OL Joe Thuney, Patriots $16,000,000 APY Signed by Kansas City.
DT Jarran Reed, Seahawks - Does not count because cut by Seattle.
TE Blake Bell, Cowboys – Does not count because cut by Dallas.
C Austin Blythe, Rams – Does not count because size of contract is under the minimum to qualify for comp.
OL Kyle Long – Does not count because he was retired
FB Michael Burton – Don’t know contract yet but probably below minimum to qualify.

Lost
RB Damien Williams, Chiefs - Does not count because cut by Kansas City. Signed by Bears for $1,500,000 so also probably would not be a comp pick because the low value of contract.
WR Sammy Watkins, Chiefs, Signed with Baltimore for 1 year, $5,000,000 APY
DE Tanoh Kpassagnon, Chiefs - $2,250,000 APY signed by the Saints.
LB – Damien Wilson, Chiefs – Signed by Jaguars but do not know contract yet.

Other Info
Right now even though the contracts are far less, I think the Sammy Watkins signing cancels out the Joe Thuney signing. Thuney would probably be a 3rd and Watkins might be a 5th or 6th.
This rule applies to this -

If there is no available CFA lost in the same round as the CFA gained, the CFA gained will instead cancel out the highest-available CFA lost with a lower round value.

It is possible that the Tanoh Kpassagnon free agent signing by the Saints might net the Chiefs a very late round comp pick dependent on other signings and contract given in the NFL. Also if Damien Wilson’s contract is over a couple of million, he might qualify for a comp pick.

If signed elsewhere, Eric Fisher and Mitchell Schwartz would not count for comp because they were cut by Chiefs.

KC signing their own players like Taco Charlton, Daniel Sorensen, Mike Remmers and others does not count in the comp formula.

Ideally for the Chiefs to get comp picks, Bashaud Breeland and Austin Reiter would sign elsewhere for at least over $3,000,000 APY, but that is still probably going to be low round comp pick.

All signings have to be before the 4:00 PM EDT, Monday following the NFL Draft to be counted in the Comp formula.

So the formula is a combination of good players lost, plus the money of the contract, plus how the player plays for that season.

Again a good place to read about comp pick formula is at - overthecap.com