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Goodell inks 5-year extension

  • FILE - In this Oct. 15, 2017, file photo, NFL commissioner Roger Goodell watches from the sidelines before an NFL football game between the Minnesota Vikings and Green Bay Packers in Minneapolis. Goodell has signed a five-year contract extension to keep him as commissioner of the NFL through 2024. A memo from the NFL's compensation committee to team owners and obtained by The Associated Press confirms that Goodell and committee chairman Arthur Blank, owner of the Atlanta Falcons, have signed the extension. Goodell took over for Paul Tagliabue in 2006. (AP Photo/Bruce Kluckhohn, File) Bruce Kluckhohn

  • FILE - In this Nov. 30, 2017, file photo, NFL Commissioner Roger Goodell poses for a picture at the opening of "NFL Experience" in Times Square, New York. Goodell has signed a five-year contract extension to keep him as commissioner of the NFL through 2024. A memo from the NFL's compensation committee to team owners and obtained by The Associated Press confirms that Goodell and committee chairman Arthur Blank, owner of the Atlanta Falcons, have signed the extension. Goodell took over for Paul Tagliabue in 2006. (AP Photo/Seth Wenig, File) Seth Wenig



Associated Press
Wednesday, December 06, 2017

NEW YORK — 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.

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 are available.