Sherman would be an ideal fit for Los Angeles' defense as he would be able to reunite with his former defensive coordinator, Gus Bradley, and provide yet another talented player in their secondary. The free agent class of cornerbacks is loaded with talent, and the Raiders should make a push at not only Sherman, but also Trumaine Johnson and Malcolm Butler.
Sherman was in Las Vegas for NFL Players Association meetings until Friday afternoon but is thought to have then traveled to the Bay Area for his meeting with the 49ers.
Yet, the 49ers are expected to be cautious when evaluating Sherman after an Achilles injury sidelined him for the final seven games last season.More news: Arie Luyendyk Jr. and Lauren Burnham Enjoy First Date Since Engagement
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Sherman turns 30 on March 30.
The release means Sherman - who is acting as his own agent - can get a head start on finding his next team. The cornerback isn't wasting any time, and according to numerous reports, has already met with top brass in the 49ers organization.
Spending big on Sherman would leave the Panthers, who will be about $19 million below the cap when the Smith trade is official, with fewer resources to allocate toward the high-need positions of safety, edge rusher and receiver (still).
Asked by Tom Pelissero of the NFL Network on Friday what he wants out of a new team, Sherman said: "Looking for a great fit". Also on the roster are DeAndre Elliott, who saw some action as a rookie in 2016 before spending all of last year on Injured Reserve, and Mike Tyson, a sixth-round pick in 2017 who spent most of last year on the practice squad.