Helming a league with revenues totaling roughly $11 billion, the commissioner's salary was on par with America's highest paid CEOs for the year.
The sum put the NFL leader on track to make $180.5 million in his thus-far nine years as commissioner. The NFL new season will begin in September.National Football League commissioner Roger Goodell walked away with $34.1 million in compensation over the course of one year as the head of the organization in 2014, ESPN reported. Over 1 million people in the United States have been infected with COVID-19 while many sports events have been delayed or canceled due to the pandemic. "Most important, please stay safe, look after yourself and your family, and continue to share our optimism that we will be able to resume normal operations and have a 2020 season that makes all of us proud," he added. "I assure you that we will continue to monitor economic conditions, communicate with you promptly and openly - whether the news is good or bad - and have your interests in mind as decisions are made going forward.
If we do that, I believe that furloughs and compensation reductions can be limited, or in time even reversed," Goodell said. I encourage everyone to continue to identify ways of operating more efficiently and reducing costs. These decisions were difficult and we know these measures will cause hardship for those impacted. "The NFL is not immune to the economic consequences of the COVID-19 pandemic and it is our obligation to take responsible steps to protect the business and manage through this crisis as effectively as possible. The pension plan and Make Up & Auxiliary (SERP) contributions will also be reduced from 15% to 10% of eligible compensation, Goodell added in the email. We do not know how long a furlough will last, but we are hopeful that we will be able to return furloughed employees back to work within a few months." Goodell said: "It is important to remember that a furlough is not a termination.
The league will also implement a furlough program "for individuals in our workforce who are unable to substantially perform their duties from home and/or whose current workload has been significantly reduced". "We hope that business conditions will improve and permit salaries to be returned to their current levels, although we do not know when that will be possible," Goodell said in the email. The reduction will be 5% for up to manager level, 7% for directors, 10% for vice presidents, 12% for senior vice presidents, and 15% for executive vice presidents. Goodell on Wednesday also sent to all NFL employees an email regarding pay cuts, furloughs, and other efforts to cut costs due to the pandemic.Īccording to the email, NFL will implement tiered reductions in base salary starting from May. Goodell typically makes over $30 million a year from salaries and bonuses, but he voluntarily reduced his salary to zero, according to local media. WASHINGTON - NFL Commissioner Roger Goodell has given up his salary while a host of other league employees will be taking pay cuts or furloughs amid the COVID-19 crisis, local media reported on Wednesday. NFL commissioner Roger Goodell during a press conference before Super Bowl LIV at Hilton Downtown in Miami, US, on Jan 29, 2020.
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