NFL commissioner Roger Goodell and players met in October and discussed how to address social issues
NFL Commissioner Roger Goodell has reached terms on a contract extension, ending a contentious negotiating process that placed Dallas Cowboys owner Jerry Jones at odds with the league's six-owner compensation committee.
A source told ESPN's Adam Schefter that the new contract would be worth $200 million over the life of the contract - about $40 million annually - if owners approve all the bonuses and all the incentives are met.
ProFootballTalk reports that a source with knowledge of the situation said a memorandum has been sent to all league owners that a "binding contract extension has been signed".
The web site reported that, according to the memo, the extension was signed by Goodell and Atlanta Falcons owner Arthur Blank, who heads the league's compensation committee.
Blank said the owners will have a more direct line to Goodell going forward, including a session with the commissioner at future owners meetings. However, critics have questioned Goodell's handling of several key issues, including the NFL's concussion scandal, declining television ratings and national anthem protests that have rankled some fans and sponsors. The NFL paid Goodell almost $32 million in fiscal year 2015, the last year for which public records exist. The two sides had been working to close the deal since May, after the Compensation Committee unanimously voted on the extension.