Trent Baalke

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Three teams are involved in trade talks with the 49ers to acquire quarterback Colin Kaepernick, a league source told CSNBayArea.com on Thursday morning.

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The 49ers on Tuesday retained the contract rights to linebacker Michael Wilhoite and guard Jordan Devey with one-year tenders.

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The 49ers declined to use the franchise tag designation for the fourth consecutive year.

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The Miami Dolphins on Tuesday placed the transition tag on defensive end Olivier Vernon, which provides interested teams the opportunity to negotiate with him.

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Editor’s note: Matt Maiocco is in Indianapolis to cover the NFL Combine. Check back for his comprehensive coverage and catch his nightly updates on SportsNet Central.

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