No, it's calculated for the following year's draft. We got an extra 4th in 2012 draft because prior to 2011 season we lost SS12, Boss Cofield, Michael Johnson, and Jerris Wilkinson to other teams (though SS12 Boss and Cofield were the only ones that played in any real capacity for any part of the season)
Originally Posted by cornerback30
Thank you Reddit
for the best gif ever.