Friday, 15 December, 2017

Goodell signs contract extension

NFL commissioner Roger Goodell reportedly gets his new contract from the league's compensation committee NFL commissioner Roger Goodell reportedly gets his new contract from the league's compensation committee
Rita Gibson | 06 December, 2017, 23:38

NFL Commissioner Roger Goodell has reportedly received the extension that he has been looking for from the league. 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.

Goodell has been the NFL Commissioner since 2006, and his current contract before the deal was put in place run through March 2019. Additionally, the memo cites the existence of a "nearly unanimous consensus" among the owners in favor of finalizing the extension now.

In a memorandum, all owners were notified that a "binding contract extension has been signed by the Commissioner and by Arthur Blank, on behalf of the League entities". In 2013, for instance, he pocketed $44 million, but that figure dropped to $34 million in 2014.

Oil Prices Slip Amid Gasoline Inventory Build-Up (USO)
Distillate inventories also saw a build this week, rising 4.259-million barrels, against a forecast of a 548,000-barrel build. Oil slid toward $57 a barrel after industry data showed US gasoline stockpiles expanded for the first time in four weeks.

Jones also criticized Goodell's leadership and his handling of the national anthem protests.

Less than 24 hours after Jerry Jones said that a new contract for Roger Goodell wouldn't be getting done this week, the NFL's 32 owners chose to do one anyway. He's expected to make roughly $40 million per year with incentives.

Fox's primetime viewership was down 20 percent through the first month of the new television season, according to Nielsen data, while ABC (11 percent), CBS (6 percent), and NBC (four percent) have all seen a decline as well. Throughout the rocky moments in Goodell's tenure, the league is still generating a $14 billion annual revenue.

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