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Posted by Gregg Rosenthal on February 12, 2010 10:31 AM ET
The next year contains a great deal of uncertainty for the NFL, but the leadership of the league is very stable.
The SportsBusinessJournal reports that NFL Commissioner Roger Goodell has signed a five-year contract extension. The new deal will include no pay increase. His previous deal was set to run out in September of 2011.
The lack of a salary increase along with the security of such a long deal is a powerful statement as the league and the NFLPA ready to do battle. Goodell took a large pay cut a year ago that translated to over $2 million. At the time of that pay cut, the league talked about a "collective sacrifice."
Regular folks may roll their eyes at someone with such a large salary taking a pay reduction, but how many executives in any industry have willingly done the same?
No matter what you think of his salary, the challenges that face Goodell are enormous. Based on his track record thus far, the rest of the NFL must feel it is in good hands.
UPDATE: Bob Glauber of Newsday writes that NFL owners were unanimous in approving Goodell's extension.
The next year contains a great deal of uncertainty for the NFL, but the leadership of the league is very stable.
The SportsBusinessJournal reports that NFL Commissioner Roger Goodell has signed a five-year contract extension. The new deal will include no pay increase. His previous deal was set to run out in September of 2011.
The lack of a salary increase along with the security of such a long deal is a powerful statement as the league and the NFLPA ready to do battle. Goodell took a large pay cut a year ago that translated to over $2 million. At the time of that pay cut, the league talked about a "collective sacrifice."
Regular folks may roll their eyes at someone with such a large salary taking a pay reduction, but how many executives in any industry have willingly done the same?
No matter what you think of his salary, the challenges that face Goodell are enormous. Based on his track record thus far, the rest of the NFL must feel it is in good hands.
UPDATE: Bob Glauber of Newsday writes that NFL owners were unanimous in approving Goodell's extension.