After 20 years under the current free-agency system, more and more teams are figuring out the value of waiting until after June 1 to pursue certain free agents.
For players whose contracts were terminated (like receiver Santonio Holmes), the compensatory-pick formula won’t be an issue after June 1 because it never was an issue. The compensatory draft picks are determined only by gains and losses via veteran free agency.
I'm assuming we should see some movement on Jermichael Finley's destination for 2014.
As Alex Marvez points out, "the NFL formula used to determine the extra selections annually granted for free-agent losses also takes into account the number of free agents a team signs before a June 1 deadline. To secure compensatory choices and potentially improve the round in which they are granted, some franchises are intentionally waiting until after June 1 to bolster their squads with veteran acquisitions."
Link more Seahawk oriented >>> http://www.fieldgulls.com/2014/6/1/5769564/june-1st-an-important-day-in-nfl-offseason
Schneider has said that the team is not yet done in extending their own guys, but several of the top remaning free agents still on the market have shown interest in Seattle.