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NFL team owners expect to finalize a contract extension with Commissioner Roger Goodell in the coming months. The deal would cover labor talks and new broadcast agreements. Revenue has risen sharply under his leadership since 2006.
news.sky.comNFL team owners expect to finalize a contract extension with Commissioner Roger Goodell in the coming months, Newsweek reported. The 67-year-old Goodell, who became commissioner in 2006, is in the final year of an extension that expires in March 2027. Owners have not yet completed the new agreement but view the October meeting as a possible target date.
Mark Maske of Front Office Sports reported that four people familiar with the owners' views said the extension is needed to oversee negotiations for new broadcasting deals and a collective bargaining agreement with players. One person called completion of the deal "critical" because of the labor and broadcast talks ahead. Another person said confidence is high that the agreement will be reached.
League revenue has grown by nearly $17 billion during Goodell's tenure, Newsweek reported. Last season the league recorded more than $23 billion in total revenue, and each of the 32 teams received approximately $432 million under the current collective bargaining agreement. Goodell has led expansion of regular-season games into Ireland, Brazil and Germany.
He is also advocating a shift from a 17-game to an 18-game regular season in the next few years. That change would reduce the preseason from three games to two, add an extra bye week and generate close to $1 billion in additional annual revenue.
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The deal includes a $20 million signing bonus and keeps the defensive tackle under contract through 2029.
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ESPNThe University of Michigan announced Monday that athletic director Warde Manuel will leave his post at the end of the calendar year. The move follows the release of findings from a nearly $12 million investigation into the athletic department's culture.