• Loading stock data...
Wednesday, May 8, 2024

Goodell, NFL Execs Taking Pay Cut

  • The NFL became the latest league to face massive pay cuts
  • NFL also announced a new three-year exclusive streaming deal with Amazon around Thursday Night Football
Photo Credit: Matt Kartozian-USA TODAY Sports
NFL Commissioner Roger Goodell voluntarily reduced his salary to zero last month. According to a memo obtained by ESPN, league executives and managers making more than $100,000 will take a pay cut from 5-15% starting in May. Salaries less than $100,000 won’t be affected, and no salary above $100,000 will dip below that amount as a result, according to the memo. The league also plans to furlough a limited portion of workers.

The NFL’s pay cut falls in line with what other major stick and ball leagues have done:

  • The NBA reduced the salaries of top executives by 20%
  • The NHL reduced the salaries of top executives by up to 25%
  • MLS headquarters employees saw pay cuts up to 25%
  • MLB cut the salaries of senior executives an average of 35%

In other NFL news, Amazon has renewed its streaming partnership with the league, signing a new three-year deal to keep airing Thursday night games on its digital platforms. As part of the deal, Amazon Prime Video and Twitch will stream the 11 Thursday Night Football games, which will also continue to be broadcast on Fox and Fox Deportes and simulcast on NFL Network.

In a new wrinkle to the deal, Amazon will also exclusively stream one regular-season game globally, which will be a to-be-determined game played on a Saturday in the second half of the 2020 NFL regular season. That game will also be televised in the participating team’s home markets on over-the-air television.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL’s Christmas Games Could Be Holding Up Schedule-Release Bonanza

The news of two holiday games didn’t break until late March.

NASCAR’s Media-Rights Deals Worth $7B. But Who Will Air Which Races?

Finding the right balance has become a heavy area of focus internally.

Folding Franchises, Cattle Fencing, a Nixed TV Deal: Can the AFL Survive?

The NFL Network kills a distribution deal with the AFL after seeing the extent of the league’s issues.

Tom Brady’s Netflix Roast Offers Rare Reminder of Robert Kraft Allegations

The Patriots’ owner was charged with soliciting prostitution in Florida in 2019.
podcast thumbnail mobile
Front Office Sports Today

Sir Charles Could Be Hot Free Agent if TNT Loses NBA

0:00
0:00

Featured Today

May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.
Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.
May 4, 2024

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.
April 28, 2024

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.
manfred_at_microphone
August 19, 2021

MLB Owners Propose $100M Salary Floor

Major League Baseball owners have proposed a $100 million payroll minimum for MLB’s 30 teams and a lower luxury tax threshold.
nfl_logo
July 23, 2021

NFL to Players: Get Vaccinated or Pay the Price

The NFL’s threatening to drop the financial hammer on un-vaccinated players and teams that cause forfeited games in 2021, according to memo.