The Broncos are trading cornerback Aqib Talib to the Rams, James Palmer of NFL Network reports. The Rams will send Denver a fifth-round pick in return, via Adam Schefter of ESPN.
The Rams have been busy on the defensive side of the football, having traded linebacker Alec Ogletree to the Giants and Robert Quinn to the Dolphins while acquiring cornerback Marcus Peters from the Chiefs.
The Rams, who used the franchise tag on safety Lamarcus Joyner, have one of the better secondaries in the NFL. Peters and Talib will replace Trumaine Johnson and Nickell Robey-Coleman, both of whom are unrestricted free agents.
The Rams also signed cornerback Sam Shields on Thursday.
Talib, 32, is due to make $11 million in base salary and count $12 million against the cap, saving the Broncos $11 million. He reunites with defensive coordinator Wade Phillips.
In 10 seasons, Talib has 34 interceptions, 10 touchdowns and 117 pass breakups.