Commissioner Roger Goodell and the NFL are close to a new five-year contract extension that would run through 2024 season.
The news was first reported Monday by the Sports Business Journal and confirmed by ESPN and NFL Network.
The terms of Goodell's new deal, if reached, would be similar to his current contract which expires in 2019, according to the Sports Business Journal.
A committee chaired by Atlanta Falcons owner Arthur Blank has had ongoing discussions about a new contract for Goodell since the league meetings in May, a league source told ESPN's Adam Schefter. Even though a deal is likely to be completed, there are still issues to work out because talks have not progressed as expected, ESPN reported.
The 58-year-old Goodell succeeded Paul Tagliabue in September 2006. Goodell made nearly $32 million in fiscal year 2015, according to the league's tax filing from that year, and has made $212.5 million in his first 10 years as commissioner. The NFL is no longer required to file his salary as the league office has given up its non-profit status, thus salary figures are no longer available.
Goodell first joined the league as an intern in 1982, working his way up the executive ladder. He was appointed executive vice president and chief operating officer by Tagliabue in 2001. Five years later, Goodell succeeded Tagliabue.
The NFL's collective bargaining agreement is set to expire after the 2020 season, and NFL Players Association executive director DeMaurice Smith said last week he believes there will be a work stoppage in 2021.
Since the agreement was signed, the players union has clashed with Goodell and the league in notable cases such as Ezekiel Elliott's suspension for alleged domestic violence, Tom Brady's Deflategate suspension and Adrian Peterson's suspension for child abuse.