Report: Commissioner Goodell, NFL owners finalizing multi-year extension

Roger Goodell and NFL owners are expected to finalize a multi-year contract extension for the commissioner at next week's owners meetings in Phoenix, sources told ESPN's Adam Schefter.

The new deal has reportedly been in the works since last season. The two sides have yet to agree on the length of the extension but have discussed a three-year pact, according to Schefter.

The contract is also reportedly expected to be incentive-laden and will likely make Goodell the highest-paid commissioner ever in any sport.

It'll be the fourth extension for Goodell, who was named NFL commissioner in 2006 to replace Paul Tagliabue. The 64-year-old last inked a contract extension in 2017, keeping him under contract until March 2024.

The NFL and NFLPA recently finalized a new collective bargaining agreement. Goodell has also helped the league finalize a media rights deal with CBS, NBC, Fox, ESPN, and Amazon worth over $100 billion.