Goodell has earned $212.5 million since he was elected National Football League commissioner in 2006 as Paul Tagliabue's replacement.
"We also have expressed in those conversations our strong and unanimous belief that we should proceed to sign the agreement now, consistent with the unanimous May resolution and to avoid further controversy surrounding this issue".
Despite almost incessant griping by Dallas Cowboys owner Jerry Jones about Goodell's demands, and his ensuing attempt to stop the extension at all costs, Pro Football Talk's Mike Florio reports that an extension was signed.
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".More news: U.S. lawmakers vote to reject Democrat's resolution to impeach Trump
"I'm happy that it's over". With Jones under the impression that the deal wouldn't be done before then, there's a good chance the other 31 owners could be dealing with an irate Jones by the time that meeting rolls around.
Goodell's new deal had been a contentious issue throughout 2017. Although $40 million a year is less than Goodell initially asked for, it's certainly a nice chunk of change, especially for a guy who's thoroughly disliked by a prominent subset of players, owners and fans.
Prior to signing the extension, which was first reported by ProFootballTalk, his contract would have expired after the 2018 season. But Cowboys owner Jerry Jones started working to sabotage the process in August, citing concerns over the league's long-term direction and the talks themselves.
But Blank says that Jones "understands the contract and how we got here", according to The MMBQ.