The Broncos have exercised the $1.1MM option on cornerback Chris Harris Jr.’s contract for 2018, a league source tells Mike Klis of 9NEWS (on Twitter). Harris is now slated to return with a cap number of $10.36MM for 2018, which presently stands as the sixth-highest charge on the team. 
This was another quality year for Harris as he amassed 40 tackles, two interceptions, seven passes defensed, and graded out as the 29th best corner in the NFL, per Pro Football Focus. He has done even better in the past, however, grading out as a top five corner in both 2014 and 2016.
This year, Harris will be extra important to the Broncos as they are likely to move on from veteran Aqib Talib. It’s rare that a team can lose a high-profile vet like Talib without serious external reinforcements, but that’s more or less what Denver will do with both Harris and Bradley Roby under contract. Denver is also set to return with Brendan Langley, Marcus Rios, and Michael Hunter.
Harris is also under contract for 2019 with a $8.766MM cap hit. However, if the Broncos choose to part ways with him next year, they can get out with just $867K in dead money.