NFL: Commissioner extends contract

Roger Goodell remains Commissioner of the NFL. On Wednesday, several media reported unanimously that Goodell has now signed his long-discussed contract extension. The new contract runs until the start of the 2024 season.

According to a letter from the Compensation Committee consisting of Arthur Blank (Falcons), Clark Hunt (Chiefs), Robert Kraft (Patriots), John Mara (Giants), Bob McNair (Texans) and Art Rooney (Steelers), 32 team owners, the extension is now complete.

As far as the framework conditions are concerned, the five-year contract has a total volume of USD 200 million, i. e. approximately USD 40 million per year.

Adam Schefter of ESPN reports that the commissioner’s base salary is in the single-digit million range, while almost 85 percent of the total volume is based on bonuses, which have to be approved and validated by the team owners.

The Committee stated:”Our Committee unanimously supports this agreement and believes that it is in line with the current market and the financial and other parameters presented to owners at a meeting in May 2017. In addition, the treaty is in the best interest of the owner.”

The committee also stated in the letter:”We are pleased to report that there is an almost unanimous consensus among the owners for signing the renewal agreement.

Previously, there had been a commotion after cowboy owner Jerry Jones, in particular, created a mood against an extension of the commissioner, as he was probably dissatisfied with the suspension of his star player Ezekiel Elliott. At times Jones even threatened to sue the League. In the meantime, however, he has publicly refrained from doing so.

Goodell has been in office since 2006 and has already earned 212.5 million dollars to date. His current contract would have expired without an extension at the end of the 2018 season.