Roger Goodell has signed a five-year contract extension to remain the commissioner of the NFL, according to a letter obtained by ESPN.
A source told ESPN's Adam Schefter that the new contract would be worth $200 million over the life of the contract -- about $40 million annually -- if owners approve all the bonuses and all the metrics are met.
The six members of the NFL compensation committee, which had been granted permission to negotiate the extension, said it supported the signed contract in a letter to NFL owners.
"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," the letter said. "... We are pleased to report that there is a nearly unanimous consensus among the ownership in favor of signing the contract extension now."
Goodell's new deal, which runs through 2024, had been a contentious issue throughout the 2017 season. Sources had told ESPN in October that the debate over NFL player protests during the national anthem was one reason for the delay in completing the extension.
Dallas Cowboys owner Jerry Jones was leading an effort to try to halt the league's compensation committee from completing the extension. He later told USA Today Sports that he would not sue over the extension but wanted "accountability" in the process.
Jones had been removed as a non-voting seventh member of the compensation committee after his threat of a lawsuit.
Goodell has earned $212.5 million since he was elected NFL commissioner in 2006. The NFL paid Goodell nearly $32 million in fiscal year 2015, the last year for which public records exist.
The base salary of the new contract is in the single-digit millions, a source had told Schefter. Roughly 85 percent of the total potential compensation package is from bonuses, which would be subject to ownership approval and validation.
ProFootballTalk first reported Goodell signing the extension.
A source told ESPN's Adam Schefter that the new contract would be worth $200 million over the life of the contract -- about $40 million annually -- if owners approve all the bonuses and all the metrics are met.
The six members of the NFL compensation committee, which had been granted permission to negotiate the extension, said it supported the signed contract in a letter to NFL owners.
"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," the letter said. "... We are pleased to report that there is a nearly unanimous consensus among the ownership in favor of signing the contract extension now."
Goodell's new deal, which runs through 2024, had been a contentious issue throughout the 2017 season. Sources had told ESPN in October that the debate over NFL player protests during the national anthem was one reason for the delay in completing the extension.
Dallas Cowboys owner Jerry Jones was leading an effort to try to halt the league's compensation committee from completing the extension. He later told USA Today Sports that he would not sue over the extension but wanted "accountability" in the process.
Jones had been removed as a non-voting seventh member of the compensation committee after his threat of a lawsuit.
Goodell has earned $212.5 million since he was elected NFL commissioner in 2006. The NFL paid Goodell nearly $32 million in fiscal year 2015, the last year for which public records exist.
The base salary of the new contract is in the single-digit millions, a source had told Schefter. Roughly 85 percent of the total potential compensation package is from bonuses, which would be subject to ownership approval and validation.
ProFootballTalk first reported Goodell signing the extension.
