National Football League commissioner Roger Goodell signs five-year extension

NFL commissioner Roger Goodell and players met in October and discussed how to address social issues

Financial terms of the contract for Goodell, who has been commissioner of the most popular USA sports league since 2006, were not disclosed but multiple media reports said the two sides agreed to a five-year deal worth $200 million.

The National Football League's compensation committee has approved Commissioner Roger Goodell's new contract, ending an unusually public feud with Dallas Cowboys owner Jerry Jones.

"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", the letter said.

The memorandum to all owners explains that a "binding contract extension has been signed by the Commissioner and by Arthur Blank, on behalf of the League entities". The deal was signed today, according to ProFootballTalk, although the terms of the deal have not yet been disclosed.

Blank said the owners will have a more direct line to Goodell going forward, including a session with the commissioner at future owners meetings.

Coincidentally, Jones started griping when Goodell suspended Dallas running back Ezekiel Elliott six games for domestic violence. Goodell will earn a guaranteed annual salary of $3.5 million, though he could earn as much as $50 million through incentives, sources told FOX Business senior correspondent Charles Gasparino.

With the league meeting set to basically be held in Jones' backyard, it is somewhat surprising that the Compensation Committee made a decision to execute the deal before December 13.

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