Published: Fri, December 08, 2017
Sport | By Floyd Cook

National Football League commissioner signs 5-year contract extension

National Football League commissioner signs 5-year contract extension

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.

A person familiar with the contract told The Associated Press it is worth nearly $200 million, with a base of $40 million.

The most powerful man in the National Football League isn't going anywhere.

In May all 32 owners approved the committee's power to negotiate and sign a deal with Goodell, and The Associated Press quoted Black's memo to the franchises.

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Jerry Jones, the owner of the Dallas Cowboys, had made a late push to stop the extension, going as far as threatening a lawsuit. We also have expressed in those conversations our strong and unanimous 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 almost unanimous consensus among the ownership in favor of signing the contract extension now. But where it was once safe to say that Goodell was a commissioner generally respected by the league's owners-with a few controversies impacting his relationship with Jones and Patriots owner Robert Kraft-his standing with the owners in recent years has come into question.

ProFootballTalk reports that a source with knowledge of the situation said a memorandum has been sent to all league owners that a "binding contract extension has been signed".

A number of owners backed Jones in his stance against Goodell, but ultimately, Goodell had enough backing from most of the owners to get a deal done.

Both the sporting world and titans of industry were stunned the last time around that Goodell and his bosses wrangled a 10-year deal that seemed like forever at the time, and that they were able to out maneuver labor in basically every aspect of the deal, crushing them in many. After that, he was removed as a non-voting seventh member of the compensation committee.

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