INDIANAPOLIS -- Indianapolis Colts head coach Tony Dungy said Monday he would probably take a week to decide if he wants to return for the 2008 season.

There has been speculation that Dungy will step down from his position one year after winning the Super Bowl. The Colts were eliminated from this year's playoffs on Sunday in a 28-24 loss to the visiting San Diego Chargers.

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"My wife and I will sit down and evaluate this week," said Dungy at a Monday news conference. "I have met with Jim Irsay and Bill (Polian). We'll probably come to some decision this weekend and be ready to move forward on Monday, one way or another. I'm hoping to be back, but we'll see what happens."

Earlier, Colts owner Jim Irsay said he'll do what it takes to keep Dungy. Irsay said he's willing to give Dungy more money and more time off to go to his home in Tampa, including the possible use of a private jet for the trips.

Questions over Dungy's future heated up again this week after his 16-year-old son, Eric, reportedly enrolled at a Tampa high school after attending Park Tudor High School in Indianapolis the last two years.

Dungy has spent the past six seasons with the Colts, reaching the playoffs each year with at least 10 victories. He has a regular-season record of 73-23, including 13-3 this past season, with Indianapolis -- winning five straight AFC South titles.

Before taking over the Colts prior to the 2002 season, Dungy spent six years as the head coach of Tampa Bay. He had a regular-season mark of 54-42 with the Buccaneers, guiding them to four playoff appearances.

Colts assistant Jim Caldwell, also a candidate for head coaching jobs in Atlanta and Baltimore and perhaps Washington, is believed to be the front-runner to lead the Colts should Dungy decide to hang it up.

Dungy's contract with the Colts runs through 2009.