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I have to be honest with you, there are a lot of ways I could see the Rams going with the second of their two first-round picks.
I'm partial to Eric Reid because they need help at safety—as much as I like Craig Dahl, and I do, he's not a starting safety on a championship team—and I think their bigger need, wide receiver, would be better addressed by signing an established No. 1.
The Rams also need an outside linebacker, and there are three of them who will likely go in the first round. If the Rams brought one of them to St. Louis, I would not be upset.
If the Rams take Eric Reid, there are options in the free-agent market to fill the OLB need, namely Shaun Phillips (SD), Anthony Spencer (DAL) and Connor Barwin (HOU). Barwin seems the most likely of the three to get a franchise tag, but the other two should be available. Phillips will be the easiest—read cheapest—to acquire, as he will be 32 next year and the Chargers have plenty of depth at linebacker.
There are also intriguing options in the free-agent market for safeties should the Rams decide to draft one of those first-round OLBs.
If the San Francisco 49ers don't re-sign Dashon Goldson, he will be the prize free agent at the safety position. The problem is they are probably going to re-sign him or at least franchise-tag him. Even if they don't, Goldson will likely command a salary close to the $7-$7.5 million range of Antrel Rolle, Eric Berry and Troy Polamalu.
William Moore of the Atlanta Falcons is a more realistic free-agent option at safety. And he is a Mizzou product, which may give the Rams a leg up if they choose to pursue him.
From Pro Football Focus:
William Moore isn’t a household name, but he is a key piece on the defense of the undefeated Falcons. Moore has played every snap thus far this season and has an overall grade of +4.9. While he isn’t flashy, he is a very dependable player. The Falcons have expanded his role this year and utilized him as a blitzer 23 times. He has responded with six total pressures with one of those a sack, making him the second most productive blitzing defensive back in the NFL. Moore is just now coming into his own and his best days are ahead of him. He is offering a potential new team a dynamic, playmaking safety.
The only problem with William Moore is his injury history.
Eric Reid could be an A+ NFL safety for a long time. If I'm the Rams, I draft Reid this year, take an OLB in the third round or later and/or bring in Shaun Phillips as a temporary stop-gap until I can draft another OLB next year or the year after that.