Back in August, it was reported that the NFL was on the verge of agreeing to a lengthy extension with commissioner Roger Goodell. Six weeks later, Goodell’s deal – which would supposedly take him through the 2024 season – has not been completed. It turns out that part of the hangup in negotiations is the amount of severance Goodell would receive in the event that he is fired, Daniel Kaplan of Sports Business Journal hears (Twitter links). Still, it’s expected that the deal will get done.
Goodell’s current contract runs through 2019, which makes for awkward timing since the league’s current collective bargaining agreement expires in early 2021. NFLPA chief DeMaurice Smith has said that a strike or lockout is a “virtual certainty” after the 2020 season, so the league will want to have stability in the role of commissioner heading into that pivotal time. If Goodell serves through 2029, that will mark 19 years in power.
The “compensation committee” has taken the lead on negotiations with Goodell, a group that is made up of owners Arthur Blank (Falcons), Clark Hunt(Chiefs), Robert Kraft (Patriots), John Mara (Giants), Bob McNair (Texans), and Art Rooney II (Steelers). Interestingly, Cowboys owner Jerry Jones has injected himself as the unofficial seventh member of the committee. Jones, of course, is at odds with Goodell over Ezekiel Elliott‘s pending six-game suspension, a battle which is now being hashed out in the courts.
Goodell’s has earned upwards of $200MM in salary since he was elected commissioner in 2006. The NFL did not disclose Goodell’s pay for 2016 after dropping its tax-exempt status, but we do know that he earned $44.2MM in 2012 and $32MM or more from 2013-2015. Recently, Adam Schefter and Chris Mortensen of ESPN.com reported that Goodell earned $44MM in 2015.
Why is the compensation so high? Is the figure tied to a percentage of league revenue or is there some type of industry benchmark for commissioners of Profesional sports leagues? Maybe someone in payroll messed up when he was an intern and never thought he’d be around long enough for his pay to get this high.
For a comparable, try the a CEO of a company with a similar size and revenue.
And the hold up is severance pay? Unbelievable!! Hasn’t he made enough money and set something aside for a rainy day lake the rest of us?? Lmao