NFL Commissioner Roger Goodell agrees on a 4-year contract extension

NFL Commissioner Roger Goodell has agreed on a four-year contract extension that runs through the 2030 league season, ending on March 31, 2031.

The NFL’s Compensation Committee notified the full ownership of the agreement on Sunday.

In a memo sent to owners that was obtained by The Associated Press, New England Patriots owner Robert Kraft said: “We believe we are very fortunate to have Roger at the helm for the next four years.”

Kraft is the chairman of the league’s compensation committee.

“Throughout the negotiation process, 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,” Kraft said. “To that end, the agreement is heavily performance based, with more than 95% of the total compensation tied to Roger’s and the NFL’s performance measured against various metrics and at the discretion of the Compensation Committee.”

Financial terms of Goodell’s new contract weren’t immediately known. He reportedly earned $63.9 million for the 2019-20 and 2020-21 seasons. The NFL hasn’t been required to disclose Goodell’s compensation on an annual basis because the league office is no longer structured as a tax-exempt trade association.

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Original source: https://www.nbcnews.com/sports