Financial terms of the deal have not yet been disclosed.
Pagano, who just finished his fourth year with the Colts, survived a
disappointing 8-8 season, injuries to his franchise quarterback
Andrew Luck and a reported rift with the management.
"I wouldn't trade this season for nothing," Pagano told reporters.
"And we've had some good ones ... but this one, you are going to
look back on this one and say, 'all the adversity, all the obstacles
and you never quit.’"
Pagano posted three straight 11-5 campaigns and a trip to the AFC
Championship a season ago before this past year.
Indianapolis came in as Super Bowl contenders but that was quickly
derailed by the fall of Luck who played in just seven games due to
various injuries.
The Colts rallied to win their final two games and the franchise
stuck with their inspirational leader who during the 2012 campaign
battled through cancer treatment.
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"It was careful consideration. It wasn’t fan pressure, player
pressure or anything along those lines," said Colts owner Jim Irsay.
"Chuck has won (41) games in the last four years. That’s not easy to
do."
(Writing by Jahmal Corner in Los Angeles; editing by Amlan
Chakraborty)
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