The Indianapolis Colts released a statement following Josh McDaniels' shocking decision to back out of his agreement to become the team's next head coach on Tuesday and remain with the New England Patriots, according to Zak Keefer of the Indianapolis Star:
ESPN's Adam Schefter, who first reported on McDaniels' decision to back out on the Colts, noted that "in the past 48 hours, Patriots owner Robert Kraft began talking with McDaniels and ultimately wound up sweetening his contract, helping to entice McDaniels to remain in New England."
Schefter continued:
"But this wasn't a decision about money.