Goodell, Pash Slash Salary To $1 During Lockout
NEW YORK (AP) — NFL Commissioner Roger Goodell and league general counsel Jeff Pash are slashing their salaries to $1 each during the lockout that could end the 2011 season.
Goodell and Pash promised in January they would take salary cuts if there was a work stoppage. Goodell earns about $10 million a year, including bonuses, and Pash nearly $5 million.
Goodell also has asked the league’s compensation committee to delay any bonus payments to him until there is a deal with the players’ union.
Also taking cuts will be all league personnel at the New York headquarters, NFL Films in Mount Laurel, New Jersey, and at NFL Network and NFL.com in Culver City, California. For now, salaries for those league employees will be reduced by 12 percent, an amount equal to two weeks’ pay.
If the work stoppage continues into August when preseason games are scheduled, salary reductions for management-level employees will range from 25 percent for executive vice presidents to 20 percent for senior VPS and 15 percent for VPs. Directors will take a 10 percent cut and managers will be reduced by 5 percent.
In 2009, Goodell took a 20 percent pay cut and the league staff was trimmed by 15 percent.
Several teams have instituted furloughs and pay cuts because of the lockout, which began early Saturday after the players’ union decertified and the owners locked them out.
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