Just to be clear Soup, this is what we are talking about
Section 2. Number of Choices and Eligibility:
(a) The Draft shall consist of seven rounds, with each round consisting of the same number of selection choices as there will be Clubs in the NFL the following League Year,
plus a maximum number of additional Compensatory Draft Selections equal to the number of Clubs then in the League, with such Compensatory Draft Selections reserved for Clubs losing certain Unrestricted Free Agents. Each Draft shall be held between February 14 and May 2, on a date which shall be determined by the Commissioner.
http://nflpa.org/pdfs/Agents/CBA_Amended_2006.pdf (page 35)