INDIANAPOLIS -- The Indianapolis Colts signed cornerback Kelvin Hayden to a five-year contract worth $43 million, the first move by the team in its attempt to resign several veterans who are eligible for free agency.
Colts coach Jim Caldwell said Thursday that Hayden has been a leader on the team and that he's glad the cornerback will return to Indianapolis. The Colts had considered using their franchise tag on Hayden, which would have cost the team about $9.9 million.
"I did not want to go anywhere else, and I am excited it has ended this way," Hayden said in a statement released by the team. "I started my career here, and, hopefully, I can finish here. It is going down that path right now. ...
"I think I still have room for improvement, and I could not be with a better organization. The organization is committed to winning, and it shows on the field. That's why I want to be a part of it."
Hayden intercepted three passes in each of the past two seasons, but he is best remembered for scoring a touchdown on an interception return in Super Bowl XLI.
Copyright 2009 by The Associated Press