"This is where I plan on coaching, and I don't envision myself coaching for any other club," Payton said.
Payton was reportedly on the radar of several suitors since the 2015 regular season ended Jan. 3.
"I know it appeared there was a looming decision, but I think this is really me saying, again, 'Here I am and nothing's changed, and I plan on finishing my career here," Payton added. "I'll be here as long as they'll have me."
Monday, while in negotiations with coach Chuck Pagano on a contract extension, the Colts reportedly contacted Payton in hopes of luring him to Indianapolis.
"Honestly, there's more moments, more wins, more playoffs, I promise you there will (be). This will be the same formula we applied when we first got here. Ten years in, I'm in better shape. I feel like the energy, spending time at this task ... there's a lot of work to be done.
"I'm not going anywhere."
Other teams were said to be interested in joining the hunt.