The NFL Draft gives franchises the chance to select a franchise centerpiece or an important tertiary player that can help a team with a championship relatively soon.
Regardless of how teams see their draft picks this year, a general manager has to do their part in making sure they make the best decision with the pick they have.
With so much riding on any particular draft pick, NFL teams often have an idea of which player they will be selecting or if they will trade the pick away, if that is what the team decides to do.
As such, teams often will have discussions with other organizations in the days and weeks leading up to the draft to gauge interest in their pieces to see if a deal can be made.
READ MORE: New York Jets executive outlines NFL Draft strategy after 2022 class success
READ MORE: Eli Manning's reason for refusing to play for NFL team that wished to draft him first
Around this time, teams will also be getting a better understanding of which player they ultimately will select, if they want to pick a player. That said, just how much time does a team get on the day itself to select a player who could potentially change the outlook of a franchise?
For starters, it all depends on which day and round the draft is currently on. The first round is held on a Thursday, with rounds two and three taking place the day after.
Rounds four through seven will then take place on Saturday, the final day of the draft. In round one, each team will have 10 minutes to make a pick while in the second round, teams will have seven minutes to make a selection.
From rounds three to six, teams will have five minutes to make their selection, regardless of whether the picks are regular or compensatory. Lastly, teams will have four minutes to make a pick in round seven.
For all the latest on news, politics, sports, and showbiz from the USA, go to The Mirror US
What happens if a team fails to make pick in time?
With that in mind, teams often already have an idea of what they will do with their picks on any given day. However, if a team somehow forgets to make a selection during the time period, the next team on the clock is free to submit a pick ahead of it. The original organization will be allowed to make the selection as soon as it informs the league, but it no longer holds the exclusive right to make a pick once time runs out.
Perhaps the most glaring example of having the time limit run out occurred during the 2003 draft with the Minnesota Vikings. Back then, the first round took place on Saturday and teams were given 15 minutes to decide on their pick.
Sign up to our NFL newsletter!
The new NFL season is nearly upon is - and Daily Mirror US Sports will be bringing you all the latest news, analysis and interviews along the way!
From our dedicated team of writers, we'll have you covered with breaking news and exclusive insight delivered straight to your inbox.
Sign up for our End Zone newsletter right here to get your NFL news sent directly via email.
At the time, the Vikings were discussing trades with three teams - the Baltimore Ravens, Jacksonville Jaguars and New England Patriots - at the same time. The Vikings eventually settled on a trade with the Ravens, which would give Baltimore the seventh pick in exchange for the 10th pick and picks in the fourth and sixth rounds.
Instead, time ran out and the Jaguars selected Byron Leftwich with the No. 8 pick, the same player the Ravens wanted to draft No. 7. The Carolina Panthers quickly picked Jordon Gross after Jacksonville, leaving the Vikings to select No. 9 overall.
Minnesota selected Kevin Williams when they were able to finalize their pick. Afterward, Vikings coach Mike Tice explained how the team informed the NFL of the deal with the Ravens with 32 seconds remaining but Baltimore reportedly did not sign off in time, showcasing how important it is to understand how much time is left.
"I'm pissed," Tice said at the time, per ESPN. "There is no other way I can put it."