Uh-Oh, If There’s A Work Stoppage, Roger Goodell’s Salary Will Be Reduced To $1
Commissioner Roger Goodell apparently has a lot at stake if the NFL and NFLPA cannot reach an agreement and there is a work stoppage in early March when the current collective bargaining agreement expires: his salary.
According to a letter from Goodell to league owners obtained by NFL.com, Goodell, as well as Chief NFL negotiator Jeff Pash, will have their salaries reduced to $1 if the sides cannot come to terms. Corporate bonuses will also be held back, at least until April. That’s like a whole month, people.
Via The Huddle:
At that time, portions of bonuses will be held in reserve (10% for VPs, 25% for senior VPs, and 35% for executive VPs), and those balances won’t be paid until a new collective bargaining agreement is reached.
Before you cry tears of pity for Roger Goodell and his #1 hatchet man chief negotiator, as they prepare to drastically change their lavish lifestyles and eschew the finer things in life and start taking public transportation and being eating – gulp – generic macaroni and cheese (perish the thought) – bear in mind that while Goodell earned a salary of $2.9 million in 2009 and that would be the sum that would be affected at the reduction of his salary of $1, he also earned bonuses in excess of $6 million, as his total compensation was a whopping $9.76 million.
What is perhaps most telling here, at least according to the facts currently being reported, is that Goodell alluded to only a slight delay in the payment of bonuses with a percentage being held until an agreement is reached, I wouldn’t worry about Goodell or any of the other bigshots at NFL offices brown-bagging it every day. At the same time, if given the chance, I would like to point out to these guys that Buddig meats are vastly underrated. Especially the Oven Roasted Turkey variety. That’s some tasty eating right there.
Roger Goodell to reduce salary to $1 if NFL enters work stoppage [The Huddle]