In my current Madden franchise, I drafted 2 WRs with picks 5 (Travis Green) and 11 (Reuben Parkman) in the second round.
Green: 6'2", 214lbs, 89 SPD, 91 ACC, 89 AGI, 89 JMP, 58 STR, 67 BTK
Parkman: 6'1, 205lbs, 96 SPD, 78 ACC, 92 AGI, 87 JMP, 57 STR, 55 BTK
Green started his rookie year and has held the WR2 position since being drafted. Parkman took longer to develop, but after three years of training camp drills I was able to get his ACC to 96 and his JMP to 90. He's set to take the WR1 position next year.
Both were abysmal blockers coming out of college but have really progressed in that area. Green is probably the more complete receiver and uses his size extremely well on deep balls in particular, but Parkman is incredibly smooth in his routes and electric after the catch.
Both have been re-signed to 4-year extensions. I'll probably look to trade Green once he's on the wrong side of 30, but Parkman will likely retire a Bill.
tl;dr: drafting WRs back-to-back might seem excessive, but it can really pan out in the right organization.