Roger Goodell has signed a new contract with the NFL, just over 20 years after he first became commissioner.
The NFL announced Sunday afternoon that its Compensation Committee has told all team owners that a four-year extension has been agreed. Goodell is now under contract through March 31, 2031.
His previous deal was set to expire in March 2027. With few if any obvious successors in play, Goodell had plenty of leverage.
In a memo to all owners, a copy of which PFT has obtained, Patriots owner Robert Kraft said the Committee “worked closely with an independent third-party compensation consultant and outside counsel to structure a deal that aligns Roger’s compensation with the League’s long-term interests and success.”
The contract ties 95 percent of Goodell's total compensation to his and the league's “performance measured against various metrics and at the discretion of the Compensation Committee.”
When the league office was a tax-exempt trade association, the NFL had to disclose Goodell's compensation every year. Since the league changed that approach, his total pay has not been made public.
His pay is surely substantial, likely more than any player earns. It is not hard to argue that Goodell has earned it, given the sport's continued growth, ever-increasing profits and staggering franchise values.
He also continues to serve his 32 bosses by taking public heat for unpopular policies and decisions.
Goodell's extension covers the current broadcast deals, so he will be in charge for the next wave of TV and streaming contracts. The deal ends shortly after the current Collective Bargaining Agreement with the NFL Players Association expires.
Unless the NFLPA agrees to an early renegotiation, the league will need another new deal with Goodell, who will be 72 then, or a transition plan to be put in place during a potential lockout aimed at securing an 18-game regular season and 16 annual international games.
The announcement comes three days before Goodell starts his 21st season leading the sport, at the quiet midpoint of Labor Day weekend.
Source: NBC Sports — Read the original article
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