Unfortunately, Talib didn't want to play for the 49ers and he rejected the deal, according to ESPN's Adam Schefter.
Sherman's availability on the open market didn't last very long, as the four-time Pro Bowl selection agreed to a free-agent contract with the Niners just one day after being released by their NFC West rival Seattle Seahawks.
While the agreement to bring Peters on board made it seem like there was still a chance Los Angeles could convince Trumaine Johnson to return for another season, the Talib trade basically sealed the deal that the team would be moving on from their soon to be former cornerback.
Before the Denver Broncos agreed to ship Aqib Talib to the Los Angeles Rams, the team had agreed to a trade with the San Francisco 49ers. Talib is also glad that the trade landed him in Los Angeles and said that he understands the Broncos' need to keep the younger guys around.
Pro Football Focus graded Talib and Peters 15th and 17th, respectively, among 121 cornerbacks last season; Sherman came in at No. 33.
In seven National Football League seasons, Sherman has won a Super Bowl, made four Pro Bowls and been named a first-team All-Pro on three occasions.
As for Talib, he's spent 10 years in the National Football League and is also a Super Bowl champion with five Pro Bowl appearances. Although Talib has 34 career interceptions, Sherman's 32 interceptions since debuting in National Football League is the most by any other cornerback during that span of time.