The NFL draft is in the rear-view mirror, and the last big wave of free-agent signings could be just around the corner.

After Tuesday's deadline at 11:59 p.m. ET, teams will be able to ink players on the open market without those additions counting against the 2020 compensatory draft pick formula.

The NFL awards compensatory picks (no higher than the third round and up to a maximum of four selections) to teams "that lose more, or better, compensatory free agents than they have acquired in the previous year."