NFL Commissioner Goodell Signs 5-Year Contract Extension

NFL commissioner Roger Goodell speaks during a news conference, Oct. 18, 2017, in New York. Julie Jacobson/AP

Roger Goodell has signed a five-year contract extension to remain commissioner of the NFL through 2024.

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.

Top Sports: Home Run Derby Gets Hometown Hero

That extension has been a source of controversy because Dallas Cowboys owner Jerry Jones objected to the process.

All 32 owners approved in May the compensation committee's power to negotiate and sign a deal with Goodell, who replaced Paul Tagliabue in 2006.

Happy Birthday, Disneyland: Photos From Opening Day

Since then, the league's total revenues have more than doubled to $14 billion.

A person familiar with the contract told The Associated Press it is worth almost $200 million, with a base of $40 million. But the deal is incentive-laden, the person added, speaking on condition of anonymity because the contract numbers are not made public.

See Inside: Glass House in Suburban Chicago on the Market

Among those incentives are continued increases in revenues, stable or rising television ratings, a new labor agreement with the players — the NFL-NFL Players Association deal expires in 2021 — and how much the NFL gets in rights fees when it renews its broadcast contracts.

Goodell earned nearly $32 million in 2015, the last year in which public records for the NFL are available.

Top Celeb Photos: Stars at the 'Mamma Mia' Sequel Premiere

"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," Blank wrote in the memo.

"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 nearly unanimous consensus among the ownership in favor of signing the contract extension now."

Seth Meyers takes a closer look at President Donald Trump meeting Russian President Vladimir Putin in Finland and delivering one of the most surreal performances by a president in modern American history.

(Published Tuesday, July 17, 2018)

That would not include Jones, whose objections surfaced publicly after his star running back, Ezekiel Elliott, ran out of legal options to appeal a six-game suspension handed down by Goodell under the NFL's personal conduct penalty.

Jones was not immediately available for comment.

Kristin Chenoweth talks about her show "Trial & Error" with Seth Meyers and describes how she based her character in the show on Hannibal Lecter, among others. 

(Published Tuesday, July 17, 2018)

The NFL's next owners meeting is in Dallas next Wednesday. Jones had hoped to delay the new deal with Goodell until then, when he could personally raise his concerns to other owners.

Also on the compensation committee are owners Clark Hunt of Kansas City, Robert Kraft of New England, John Mara of the New York Giants, Bob McNair of Houston and Art Rooney of Pittsburgh.

Jimmy Fallon and Zoey Deutch battle it out against Jamie Foxx and Taron Egerton in a game of charades.

(Published Tuesday, July 17, 2018)