The NFL compensation committee informed the league's owners Wednesday that commissioner Roger Goodell signed a new contract, a source told Mike Florio of Pro Football Talk.
Terms weren't disclosed, but a source told Ken Belson of The New York Times that Goodell signed a five-year extension worth roughly $200 million that will keep him in power until the start of the 2024 season.
The memo sent by the compensation committee cited a "nearly unanimous consensus" among the owners for finalizing Goodell's extension, added Florio.
Jones reportedly threatened to "come after" the commissioner over the Elliott ban and considered suing the league if it continued negotiations for the new contract, though he later opted against it.
Goodell will now be at the center of the negotiations for a new collective bargaining agreement. The current CBA is set to expire at the end of the 2020 season.