NFL commissioner Roger Goodell reportedly asked for a $49.5 million contract extension but Marc Ganis, president of Sportscorp and consultant to the league's 32 team owners, told FOX Business's "Varney & Co." the lavish demands, which were reported by ESPN, are untrue.
Jones has retained legal counsel and Wednesday threatened to sue the league in an effort to block Goodell's extension.
Goodell says everyone should stand for the Anthem and the league needs to "move past this controversy".
Blank, the chairman of the six-member committee, terminated Jones as a non-voting, ad-hoc seventh member Saturday because of Jones' threat to sue the league.
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Blank is the head of the NFL's Compensation Committee, and is one of the key players in Goodell's negotiations. "He was still in favor early in August'".
The terms of Goodell's deal are being considered by a compensation committee comprising six owners: Arthur Blank of the Falcons, Clark Hunt of the Chiefs, Robert K. Kraft of the Patriots, John Mara of the Giants, Bob McNair of the Texans and Art Rooney of the Steelers. Historically, the committee has been given the power to make decisions and get the backing of the rest of the owners.
Jones may not have the support necessary to veto Goodell's contract, according to ESPN, but King believed that Jones may still get support from other owners.
Though the extreme Plan B would likely result in years - or decades - of lawsuits upon lawsuits, the possibility of Jones losing his prized franchise, which he has owned since 1989, is the result of his speculated involvement in the public bashing of the National Football League through Papa John's CEO John Schnatter.