Taylor, 38, guided the Bengals to their first Super Bowl appearance in 33 years during what was a momentous season.
While Cincinnati were ultimately beaten 23-20 by the Los Angeles Rams – Taylor's previous employers – in Super Bowl LVI on Sunday in Inglewood, rumours quickly began to circulate that he was to be handed a new deal.
The franchise confirmed the news on Wednesday, with Taylor signing through 2026, and Bengals president Mike Brown was keen to show his and the city's gratitude to the coach.
"He's a good young coach," Brown wrote. "Zac has come into the league and worked to develop the foundations for a winning program that can be successful over time.
"The fruits of Zac's efforts were seen this year, and Zac is well-regarded by our players and coaches. I know the effort and passion Zac brings to the building and to our team, and I am pleased by his approach.
"And I think the city of Cincinnati sees him the way the players and I do. He's brought excitement to the town and deserves credit and recognition for that."
Not only did Taylor end the Bengals' long wait for a crack at the Super Bowl, but their 26-19 Wild Card win over the Las Vegas Raiders in January was their first playoff victory in 31 years.
The Bengals scored 444 points over the 16 games that the starters played, just four short of the franchise record set in 1988.
The output and run of the 2021 vintage was, according to Brown, largely down to Taylor and his coaching.
"In this league, if you want to get to where you wish, getting to the Super Bowl, you need a lot of things," Brown added.
"All of those are important, but certain people, and I would be one, would say the most important part is being able to score.
"These days 30 points is at a level you're able to win week in and week out. It's something we're shooting for in the future.
"We have the ability to do it if we're going right. Zac is the reason we can do that. It's his system. He teaches it effectively and our guys have bought into it."
Hurst had been limited at Bengals practice on Thursday but was a full participant on Friday before not being listed in their injury report.
Bengals head coach Zac Taylor indicated Hurst was available, having been limited for precautionary reasons. Hurst had missed three games with a right calf injury which he tweaked in Week 13 against the Chiefs.
"I thought he had a good practice today," Taylor told reporters on Friday.
The Bengals tight end had 52 receptions for 414 yards for two touchdowns during the regular season, adding nine receptions for 104 yards and one TD in their two playoffs games.
"He brings a lot of energy, always knows what he's doing, brings physicality, reliable in the pass game," Bengals quarterback Joe Burrow said on Thursday.
"Just a trustworthy, reliable, explosive player. Love to have him."
The Bengals went to the Super Bowl last year but have a losing 2-3 record through Week 5 in 2022.
However, each of their three defeats have seen Cincinnati lose by a field goal on the final play of the game, going down 23-20 to the Pittsburgh Steelers in overtime in Week 1 and 20-17 to the Dallas Cowboys in Week 2.
It was little surprise Justin Tucker similarly punished Taylor's team, with the Ravens kicker executing an NFL-record seventh game-winning field goal with time up.
Of those, this was the fourth – another record – to come with his team losing, as the Bengals failed to protect a late lead having been tied against both the Steelers and the Cowboys.
"It's tough," said coach Taylor. "We've lost three games now on the last play of the game, that's what I told the guys.
"We just have to keep taking our shots, and these things have a way of balancing out, and we are going to get some of these wins in these situations."
That the Bengals were within three points of winning was particularly painful given a hapless third-quarter series from which they failed to score any points.
Cincinnati had first-and-goal from the Baltimore two, but Taylor called two trick plays, seeing wide receiver Tyler Boyd sacked running the Philly Special on second down before Joe Burrow's attempted shovel pass up the middle to Stanley Morgan on fourth down was batted away.
"We felt good about some stuff we called, but obviously it didn't work," Taylor said.
He added: "I felt comfortable with our package going in. When it doesn't work, you wish you would have done something different."
Ja'Marr Chase, whose 12-yard catch brought the Bengals back to the two-yard line after Boyd's sack, said: "It's pretty frustrating.
"We've got to know how to execute coming into that and know which play is going to give us the right play. I don't think we did that."
Pro Bowl running back Joe Mixon would later run in a touchdown from the one-yard line in the fourth quarter, but he was pass blocking on both the Philly Special and the shovel pass.
"I'm just running the play that's called," Mixon said.
ESPN's Adam Schefter reported on Sunday that Rams coach McVay and Bengals coach Taylor are in line to receive contract extensions from their respective teams once the dust settles on Sunday's clash at SoFi Stadium.
McVay has two seasons remaining on his deal, while the 2022 campaign is the last year of Taylor's current contract.
There had been reports that 36-year-old McVay, who has previously expressed a desire not to coach into his 60s, could step away from coaching at the end of the season, with talk of a potential move into broadcasting.
Such suggestions appear to have been erroneous, as the indication is now that he will continue a head coaching career in which he has reached the playoffs in all but one of his five seasons in charge of the Rams.
McVay also looks set to be tied to the quarterback that has led his team back to the Super Bowl for the long term.
Indeed, NFL Media's Ian Rapoport reported the Rams are set to hammer out a contract extension with Matthew Stafford, whom the Rams traded a pair of first-round picks to acquire in the offseason.
Stafford's contract expires at the end of next season but, regardless of whether he gets the job done on home turf, the Rams are poised to reward him for a campaign in which he set franchise records for completions (404), passing yards (4,886) and touchdowns (41).
Last season's defeated Super Bowl side had a rollercoaster ride in Week 1 of the new season, quarterback Joe Burrow having five turnovers – four of which came before half-time.
It was, however, two questionable decisions from the sideline that ultimately paved the way for the Steelers' dramatic win, one of which saw Taylor's special teams unit head out with a running clock to punt the ball early.
That gave Pittsburgh enough time to get into field goal range and win it, with questions asked as to why the Bengals did not run the clock all the way down – and Taylor reasoned it was due to a change in long-snapper, after Clark Harris suffered an early injury and was ruled out.
"New operation. We snapped there with 13 seconds, I understand that, trust me, we'd rather do something different," he said after the game.
"But just trying to make sure the operation ran smoothly, it turned out that we sacrificed some seconds just to make sure that we were all on the same page there."
The Bengals may have been able to avoid overtime entirely had the team elected to challenge the play that saw Ja'Marr Chase score an apparent touchdown that was not caught by the officials, Taylor again admitting mistakes were made.
"Part of it was that that's the hardest place for us to see in the entire field is that spot. I didn't think there was a chance there was a touchdown there initially. So, we got on the ball to run it in quickly," he added.
"It's hard with all the craziness in that moment, all the communication to get that 'Stop, stop. Let's evaluate this.'
"We just couldn't get it done fast enough by the time we'd seen a replay and realised 'Oh shoot, he might have gotten in there.' We've just got to learn from those.
"It's a fine line — when you get the ball on the inch, you just want to punch it in real quick. In hindsight, maybe he was in and we could have given ourselves a chance."
The Bengals travel to Dallas in Week 2 to face a Cowboys side set to be without quarterback Dak Prescott due to injury.
The Bengals head coach saw opposition quarterback Tagovailoa taken away to hospital in the second quarter after sustaining what the Dolphins said were head and neck injuries.
Tagovailoa took a blow to the back of his head in a Josh Tupou sack and appeared to suffer a seizure upon initial contact with the pitch. It came after he also took a heavy hit in last week's win over the Buffalo Bills.
After tight losses to the Steelers and the Cowboys in the opening two weeks, there was relief in the Bengals camp that they had got back to 2-2 for the season, but concern too about the health of Tagovailoa.
Asked about how he handled talks with his players as Tagovailoa received medical attention, Taylor said: "It's a heavy moment. He's a guy with tremendous character, and you hate to see that happen.
"It's a tough moment for everybody, especially them, then to take it to third-and-long, and you've got to come out there and respond. I won't say that there's in-depth conversations going on, but certainly thinking about Tua, and that's a horrible thing to see."
It soon emerged Tagovailoa was to be discharged from hospital in what looked to be a positive update from the Dolphins.
Taylor said Thursday night's win for his Bengals players was "expected, just because we've got a great team", as a record home crowd of 67,260 watched on.
"I love this team. I love everything about them. They didn't hesitate for one second after those first two weeks when all the noise was getting out about expectations," Taylor added.
"They didn't let that affect them for one second. They just came out and answered the bell, and responded for two consecutive weeks. I'm just really proud of them on this stage, against that team. That's a really good football team – they're going to win a lot of games.
"I thought they handled every moment in this game exactly how they needed to, especially in the second half. Capitalising on turnovers, touchdowns, special teams stepping up big – that was just a great way to win a Thursday night game."
The coach rates his group as "championship calibre players" and saluted a "lights-out" performance from quarterback Joe Burrow, who completed 20 of 31 attempts for 287 yards and two touchdowns with no interceptions.
When it comes to defense, Taylor is confident the Bengals are among the best in the business.
"I've got a lot of faith in our defense," he said. "It's like comparing your children, so I'm not comparing them to the other [units], but we know that when need them to step up, they're going to do it. Whether that's putting pressure on the quarterback, being tight in coverage, creating those turnovers they did – that's a really explosive team."
