"I'm definitely excited for this payday I'm getting," McAfee said. "Obviously, it's awesome. I'm overly compensated. My family is going to be happy, too. That is kind of what my goal my entire life has been, to be successful financially and comfortably and help my parents be comfortable financially. This is definitely going to help."
McAfee stressed money was not the main factor in negotiations.
Since 2009, he has handled punts and kickoffs for the Colts, and he's made no secret of his desire to add field goals and extra points to his duties. He made 73.4 percent of his field goal attempts during his college career at West Virginia and has studied for the past five years under one of the best kickers in NFL history — Adam Vinatieri, who also is scheduled to become a free agent Tuesday.
So he asked for assurances he'll have a chance to compete for the job whenever Vinatieri moves on.
"It was definitely brought up (during negotiations for the new contract), and that was kind of the thing I think that was most talked about," McAfee said. "Who knows what's going to happen with Vinatieri? If he gets re-signed, if he wants to get re-signed, however long he wants to play, I just wanted to know whenever that guy is done, whenever that Hall-of-Fame career is over, that I just want a fair shake in kicking as well."
For now, he's more than happy just to continue pulling on a Colts uniform.
McAfee has made Indianapolis his year-round home, and he believes a team that has made back-to-back playoff appearances with one of the best young quarterbacks in the league will be an attractive draw for free agents.
The Colts started the offseason with nearly $41 million in salary cap space and are expected to be a major player when the market opens next week. Having Andrew Luck under center can't hurt the team's chances.