Monday, February 17, 2014

A Good Pay


The NFL continues to make money with ease. Revenue in 2013 was $10 billion up from the $7 billion of 2006. At the head of all this is Commissioner Roger Goodell who serves at the will of the owners.

He is very well compensated for his efforts. In 2012, he earned a $35.1 million salary and also got a $5 million bonus and $4.1 million pension payment. Is $44.2 million too much compensation for the leader of a $10 billion business? The team owners seem to have no issue with it. A few weeks ago, the league sold its television rights for eight Thursday night games to CBS for $300 million.

If Goodell stayed on the job for another 20 years, his total compensation would exceed the $760 million legal settlement with the former players over injuries and concussions. Meanwhile, players in their 70's and 80's get a few financial crumbs thrown to them.

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