Saints Cap Moves: $27,092,090 cap space ….. 8 restructures, 3 extensions, 3 pay cut, 1 release [All current cap moves are in OP]

At what point can we sign a free agent and not lose a compensation pick? Sorry if this has been answered before it’s a long thread to check

Post draft

“a Compensatory Free Agent (“CFA”) shall be defined as an Unrestricted Free Agent (“UFA”) who: (i) signed with a new Club during the prior free agency signing period (with the 2020 free agency period being the first such “prior free agency signing period” under this appendix) prior to 4:00 p.m., New York time, on the Monday following the NFL Draft for that League Year…”
https://overthecap.com/compensatory-draft-period-nears-its-end/amp