Now that the NFL has officially awarded 49ers general manager Trent Baalke with a third-round compensatory pick, per Andrew Pentis of 49ers.com, the team has 11 total selections. By Pentis' count, that leaves the team with six picks out of the first 100 in the 2014 draft.
As noted by Mike Wilkening of Pro Football Talk, this compensatory selection cannot be traded, but it does offer more options for the 49ers. While ESPN.com's Bill Williamson suggests the team should trade up, San Francisco also has the option of adding multiple blue-chip prospects in the early rounds.
Wide receiver and cornerback look to be key needs for the 2014 draft, but Baalke could be well-served by adding multiple players at each position. Coming off a season that saw a sluggish passing offense for most of the year, multiple receivers from the college ranks could provide a spark.
Beyond the top-tier prospects, it would not be a surprise to see San Francisco scoop up an under-the-radar project in the middle rounds. Taking their skill sets into account, these potential second- and third-day picks could make a lot of sense wearing red and gold next season.