NFL Commissioner Roger Goodell to cut salary to $1 if lockout occurs
Updated at 3:20 p.m.
NFL Players Association Executive Director DeMaurice Smith has a counteroffer for NFL Commissioner Roger Goodell's $1 salary:
NFL executives reducing salaries in the event of a lockout? If we have a deal by Super Bowl, I'll go down to 68 cents
Filed at 10:36 a.m.
If there is an NFL lockout, NFL Commissioner Roger Goodell plans to cut his pay to $1.
That's one dollar. 100 cents. Ten thin dimes. Goodell informed owners of his plan in a letter obtained by Jason La Canfora of the NFL Network.
Not that he'll be shopping for generic labels. He did, after all, earn $9.76 million in 2009. The cuts won't end with him, however. Jeff Pash, the NFL's chief negotiator, has asked that his salary be sliced to $1 in the event of a lockout. And, according to a letter sent to team owners by Goodell, bonuses for vice-presidents will not be paid in full until a new collective bargaining agreement is reached. (VPs will get 90 percent of their bonuses, senior VPs 75 percent and executive VPs 65 percent.) Annual bonuses for office staff will not be paid until April.
| January 26, 2011; 10:36 AM ET
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