Blank Stepping Down As Chair Of NFL's Compensation Committee

Blank (r) oversaw the league's contract extension for NFL Commissioner Roger Goodell last yearGETTY IMAGES

Falcons Owner Arthur Blank “will step down in May" as NFL Compensation Committee Chair after a "tumultuous eight-year reign,” according to Daniel Kaplan of SPORTS BUSINESS JOURNAL. Blank is “leaving the committee entirely.” A source said that a new member will “take a one-year term as chairman until also leaving.” Blank last year “oversaw the new contract” for NFL Commissioner Roger Goodell, which led to threats of lawsuits from Cowboys Owner Jerry Jones and “great debate among owners over transparency among the committees.” The new approach to the compensation committee “is on this week’s NFL owners’ agenda.” Jones has been “pushing for new corporate governance measures, such as term limits for committee chairmen and deliberations being made available to all owners before issues come up for a vote” (SPORTS BUSINESS JOURNAL, 12/10 issue).