Denver’s extension of Chris Harris looks better by the minute

When Denver extended Chris Harris for $8.5M/year in December, the deal looked like a coup for the Broncos, who had kept their second most important pending free agent from reaching the market. But now, as more corners are signing new deals, Denver appears to have pulled off a heist of sorts with Harris.

At the time, we thought $18M in full guarantees sounded about right. But we were dead wrong, as Harris got just more than half of that, via a $10M signing bonus.

But Houston has given Kareem Jackson - clearly a lesser player than Harris - $14M in full guarantees along with a matching $8.5M/year AAV. Seattle's Byron Maxwell, whom PFF graded as 45th among the league's corners last year, is said to be drawing interest above $10M/year.

As Jason Fitzgerald points out, Harris is likely kicking himself right about now. John Elway, meanwhile, is probably breathing a big sigh of relief and flashing that signature toothy grin of his.

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM