Indianapolis head coach Tony Dungy will return to the helm of the Colts for the 2008 season, reports NFL Network's Adam Schefter.
The Colts have called a press conference for 4:30 p.m. ET today that will include Dungy, owner Jim Irsay, general manager Bill Polian and assistant head coach Jim Caldwell.
Dungy, the first black head coach to win a Super Bowl, pondered retirement for a third straight year before reaching his decision. The 52-year-old signed a three-year contract extension in September 2005, a deal intended to keep him with the Colts through 2009.
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