The commissioner has signed a five-year extension with the league, according to Pro Football Talk's Mike Florio.
According to the six-person compensation committee, there was a almost unanimous consensus among the ownership in favor of signing the contract extension now.
Atlanta Falcons owner Arthur Blank, who chairs the compensation committee, in a letter to fellow owners said Goodell's pay is "fully consistent with market compensation".
"I'm happy that it's over". "We got a lot of input from a lot of owners, a lot of guidance from them, and we feel very good about what developed out of that".
The owners will all get together on December 13, a meeting which will likely end up shedding a bit more light on the details and on the process of extension.
Goodell's new deal had been a contentious issue throughout 2017. However, critics have questioned Goodell's handling of several key issues, including the NFL's concussion scandal, declining television ratings and national anthem protests that have rankled some fans and sponsors.
Goodell's salary was about $32 million in 2015, the a year ago for which compensation for top league officials was made available in a tax filing.
Prior to signing the extension, which was first reported by ProFootballTalk, his contract would have expired after the 2018 season.
Dallas Cowboys owner Jerry Jones opposed the deal publicly in the wake of a controversial six-game suspension levied against Cowboys' running back Ezekiel Elliott. He later told USA Today Sports that he would not sue over the extension but wanted "accountability" in the process.
A number of owners backed Jones in his stance against Goodell, but ultimately, Goodell had enough backing from most of the owners to get a deal done.
With the league meeting set to basically be held in Jones' backyard, it is somewhat surprising that the Compensation Committee made a decision to execute the deal before December 13.