Roger Goodell signs contract extension with NFL

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The commissioner has signed a five-year extension with the league, according to Pro Football Talk's Mike Florio. The new deal runs through the 2023 season.

Accordingly, this will advise the ownership that a binding contract extension has been signed by the Commissioner and by Arthur Blank, on behalf of the League entities.

"We are pleased to report that there is a almost unanimous consensus among the ownership in favor of signing the contract extension now", the NFL's compensation committee said in a letter obtained by FOX Business. "We should have a real good airing out of some of the things that we've been reading about, and in the meantime I've been having a lot of conversations with a lot of owners".

The Compensation Committee received authorization from the owners in May to offer an extension to Goodell, but Dallas Cowboys owner Jerry Jones had been working to stop the process after Goodell has reportedly promised him that running back Ezekiel Elliott would not be suspended.

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

Goodell has overseen significant revenue growth for the National Football League but has also been the subject of major scrutiny in recent years for his handling of sensitive issues such as domestic violence and concussions. 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.

All members of the Compensation Committee, including Robert Kraft, sent out a memo Wednesday to announce the new deal.

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