Roger Goodell to reduce annual salary to $1 during work stoppage
By Mark Maske
NFL Commissioner Roger Goodell's salary will be reduced to $1 per year for the duration of any work stoppage, according to a memo that Goodell distributed to league employees Wednesday.
Jeff Pash, the league's executive vice president of labor, also would take a similar pay cut for the length of any work stoppage, according to the memo.
"The members of the [owners'] Compensation Committee are aware of my plans regarding my own compensation in the event of a work stoppage," Goodell wrote in the memo. "The committee supports my recommendation that it not make a decision on any bonus for me until a new collective bargaining agreement is reached. In addition, in the event of a work stoppage, my salary will be reduced to $1 per year. Jeff Pash, who leads the ownership's negotiating team, also requested and will have his annual salary reduced to $1 in the event of a work stoppage.
"Let me emphasize that we are fully committed to doing everything possible to reach a new Collective Bargaining Agreement without any disruption to our business. The entire senior leadership team stands with me in its commitment to resolving the CBA issues with the players['] union. While several other executives have also volunteered to make additional reductions to their compensation, I have asked them not to take that step at this time as we continue our negotiating efforts."
The labor deal between the league and the NFL Players Association expires in March. Players and union officials have said they expect the owners to lock out the players after the agreement ends.
The SportsBusiness Journal reported last year that, based on the NFL's tax return, Goodell had a base salary of $2.9 million and total compensation, including bonuses and deferred pay, of $9.76 million for the fiscal year ending March 31, 2009. Pash's total compensation was $4.85 million, according to that report.
January 26, 2011; 11:58 AM ET
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