Sunday, May 19, 2024

NFL’s Roger Goodell 6th Highest Paid CEO in US– More than Disney, Aetna, GE, Time Warner

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I’m re-running this story from last May. The next report on the NFL Foundation won’t come out til this spring. They’re very clever making sure it’s always in the off season:

NFL Chief Roger Goodell only made $35 million in 2013, just revealed in the group’s Form 990 filing posted to GuideStar. The NFL is a tax free not for profit foundation, although last week Goodell announced that was coming to an end. The non profit status was the only way the NFL had any transparency.

Goodell would be the 6th highest paid CEO in the US in 2013 if you go by the Wall Street Journal’s rankings. He made more than the heads of Disney, Time Warner, Aetna, and General Electric.

The $35 million may seem like a decrease. It’s not. In 2011, Goodell earned $29.5 million. In 2012, the compensation jumped to $44 million including bonuses. Now we know that in the year when domestic violence and deflated footballs diverted attention, Goodell was still raking it in last year.

It’s notable that the NFL keeps a litigation settlement reserve of $438,500,000. They claim total assets of $727 million. But that’s not net assets. Somehow, with clever accounting, the NFL says they’re $741 million in the hole. They’re definitely using an abacus to come up with those numbers.

The NFL no longer lists all the salaries of their top executives. But they do note that they loaned $2 million to one exec, and $500,000 to another.

The NFL– now this is the trade organization, not the individual teams, had a total of $308 million in total expenses. Legal fees were around $18 million. Research and development– you can only imagine– was just under $10 million.

We have to enjoy this news while we can. Only more year before Goodell and the NFL disappear into the dark of night.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
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