NFL team owners have completed a four-year contract extension with commissioner Roger Goodell.
The league confirmed the extension and said that all NFL owners were informed of it Sunday.
“The Compensation Committee notified the full ownership today that an agreement has been reached on a four-season contract extension for NFL Commissioner Roger Goodell through the 2030 League season, ending on March 31, 2031,” the NFL said in a written statement.
Patriots owner Robert Kraft, the chairman of the owners’ compensation committee that negotiated the extension with Goodell, wrote to fellow owners in a memo obtained by Front Office Sports: “As members of the Compensation Committee, we’re pleased to announce that we have reached agreement with Roger to remain as Commissioner through the 2030 League Season, ending on March 31, 2031.
“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. 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.
“We believe we are very fortunate to have Roger at the helm for the next four years.”
The other owners on the compensation committee include the Giants’ John Mara, the Jaguars’ Shad Khan, the Browns’ Jimmy Haslam, the Cardinals’ Michael Bidwill, and the Broncos’ Greg Penner.