Full text of memo announcing Goodell deal

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[Editor’s note: As PFT reported earlier this afternoon, the NFL’s Compensation Committee has informed all owners that a binding contract for Commissioner Roger Goodell has been executed. The full text of the memo from the Compensation Committee to all owners appears below.]

In recent days, we have spoken with each of you regarding the status of the negotiations to extend Commissioner Goodell’s employment contract. In the course of those discussions, we have reviewed with you the details of the contract extension. 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. We also have expressed in those conversations our strong belief that we should proceed to sign the agreement now, consistent with the unanimous May resolution and to avoid further controversy surrounding this issue. We are pleased to report that there is a nearly unanimous consensus among the ownership in favor of signing the contract extension now.

Accordingly, this will advise the ownership that a binding contract extension has been signed by the Commissioner and by Arthur Blank, on behalf of the League entities.

We are pleased to have resolved this issue and we appreciate the strong support received from our partners. It was particularly gratifying to hear so many owners commit to being more engaged in

League affairs and to express the desire to work more closely with the Commissioner and League staff on matters critical to the League. We know that we speak for all of you, as well as for the Commissioner, in saying that the NFL is strongest when our ownership is active and unified.

We look forward to seeing each of you at the Special Meeting in Dallas on December 13th and to working together, as a partnership, to address the important issues facing the League.

29 responses to “Full text of memo announcing Goodell deal

  1. People may hate the commissioner, but he’s making them (and not costing them) so much money. In reality, he’s a human riot shield, taking all of the hits for them. Of course they were gonna get this done.

  2. No surprise. NFL revenues have exploded during Goodell’s tenure. That is all most of the owners really care about. Sure he has had some gaffs, but many of those are due to the fault & actions of the player’s themselves. I can’t imagine Tagliabue handling those situations any better. In fact, Tagliabue was the reason Goodell had to come in with an iron fist approach when he took over the job.

  3. Other outlets are reporting the deal maxes at $40M per and is 90% incentive based. Considering the reports that Goodell was not pleased with the idea of an incentive driven deal it would seem Jerry’s tantrum and Kraft’s well known penchant for incentive based deals may have worked pretty well off each other. Of course from a fan perspective $40 is too much for Goodell. In any case Jerry should be declaring victory most any time now.

  4. Jerry wanted it to be mostly incentive based, which it is, Jerry also wants cuts to NFL office, let’s see what happens there

  5. The invectives towards Goodell are pretty amazing. Unless you think abusers like Elliott, Rice, Peterson should get more wrist slaps or that cheaters like Mr 6th round pick should get off for obstructing investigations, there is no beef there. More valid is absurdly inconsistent didcipline over full speed hits versus frat boy style assaults. Je works for owners and only one was bloviating wjen his boy got punished. NFL may be declining or even dying but blaming Goodell for it is asinine

  6. The NFL is treading water. The status quo seems to be acceptable. Same ways of doing business for a long time while commissioner approval rating is at an all time low as well as viewership sinking to new lows. The status quo is a death sentence in any business. Throw in CTE and players dying at 45 years old and you have the makings of an epic league collapse.

  7. Well, I guess we can expect another 5 years of left wing politics infiltrating the game, inconsistent suspensions, bad officiating and new Aaron Rodgers rules.

    I think the NFL goes off the rails in two years and folds by the time the extension is up.

  8. The ONLY reason the owners keep Goodell around is so that he can be the lead negotiator when the CBA runs up. For all his flaws, and there are many, apparently Goodell is a really good negotiator.

  9. Jones has pushed to simply give the league more control over what Goodell’s salary is. And if you take the time to read what the contract is, you will see Goodell now only has 15% of his possible salary guaranteed.

  10. I mean, good for him, only in America. He though will go down as the guy who was the Leader of the era of NFL Employee Protests against our great country, on and off foreign soil, and the people who put their own life on the line to protect it….and was rewarded handsomely for it.

  11. I wonder how the performance review went.

    “In your time as league commissioner you have had ratings drop, shown support to a bogus cause, have the players hate you, and hand out erratic suspensions. I hereby give you a nice new contract and raise. Congrats!”

  12. Looks like he had to take a pay cut. Good. He’s been a pretty bad commissioner in a lot of ways. Under this new contract, he’ll have to do a better job or else he’ll earn less, which is how it should be.

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