NFL executive Eric Grubman leaving after 14 years

Eric Grubman, the NFL's executive vice president of business operations, is leaving the league after 14 years, teams were informed in a memo Thursday.

Grubman was one of the NFL's highest-ranking executives and a key deal-maker, involved in significant transactions such as the sales of teams, the construction of stadiums, and relationships with league partners.

Grubman recently informed NFL commissioner Roger Goodell of his decision, and the commissioner tried to convince Grubman to stay. But Grubman felt now was the right time to leave the NFL, which has parted ways with a number of other high-ranking executives within the past year.

This year alone, the NFL lost its chief operating officer, Tod Leiwicke, who left to become the president of the NHL's future Seattle franchise, and former NFL executive vice president of communications Joe Lockhart left his job to spent more time with his family. And now Grubman also has informed the league that it is time for him to move on.

Before being hired by the NFL, Grubman was a partner and co-head of the Energy Group at Goldman, Sachs & Co. from 1996 to 2000. He also served as an officer in the U.S. Navy from 1980 to 1985.