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NFL Commissioner Goodell Signs 5-Year Contract Extension

A memo from the NFL’s compensation committee to team owners and obtained Wednesday by The Associated Press confirms that Goodell and committee chairman Arthur Blank, owner of the Atlanta Falcons, have signed the extension.
That extension has been a source of controversy because Dallas Cowboys owner Jerry Jones objected to the process.
Since then, the league’s total revenues have more than doubled to $14 billion.
A person familiar with the contract told The Associated Press it is worth almost $200 million, with a base of $40 million.
But the deal is incentive-laden, the person added, speaking on condition of anonymity because the contract numbers are not made public.
Among those incentives are continued increases in revenues, stable or rising television ratings, a new labor agreement with the players — the NFL-NFL Players Association deal expires in 2021 — and how much the NFL gets in rights fees when it renews its broadcast contracts.
Goodell earned nearly $32 million in 2015, the last year in which public records for the NFL are available.
“Our committee unanimously supports the contract and believes that it is fully consistent with ‘market’ compensation and the financial and other parameters outlined to the owners at our May 2017 meeting, as well as in the best interests of ownership,” Blank wrote in the memo.
Jones was not immediately available for comment.
The NFL’s next owners meeting is in Dallas next Wednesday.

NEW YORK (AP) — Roger Goodell has signed a five-year contract extension to remain commissioner of the NFL through 2024.

A memo from the NFL’s compensation committee to team owners and obtained Wednesday by The Associated Press confirms that Goodell and committee chairman Arthur Blank, owner of the Atlanta Falcons, have signed the extension.

That extension has been a source of controversy because Dallas Cowboys owner Jerry Jones objected to the process.

All 32 owners approved in May the compensation committee’s power to negotiate and sign a deal with Goodell, who replaced Paul Tagliabue in 2006.

Since then, the league’s total revenues have more than doubled to $14 billion.

A person familiar with the contract told The Associated Press it is worth almost $200 million, with a base of $40 million. But the deal is incentive-laden, the person added, speaking on condition of anonymity because the contract numbers are not made public.

Among those incentives are continued increases in revenues, stable or rising television ratings, a new labor agreement with the players — the NFL-NFL Players Association deal expires in 2021 — and how much the NFL gets in rights fees when it renews its broadcast contracts.

Goodell earned nearly $32 million in 2015, the last year in which public records for the NFL…

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