The league's owners could have approved a waiver of the requirement, but they voted Tuesday to award Inglewood the 2022 Super Bowl instead.
Goodell said the league wanted to "allow players more room to have fun after they make big plays".
"The Tampa Bay area has enjoyed great success over the years hosting Super Bowls and we look forward to working with our local leaders in the coming months to meet the requirements for hosting Super Bowl LV in 2021", Tampa Bay Buccaneers co-chairman Bryan Glazer said in a release.
National Football League owners cut overtime from 15 to 10 minutes Tuesday to address coaches' concerns that players were exhausted and risking injuries.
The league, however, will continue to penalize any celebration deemed offensive or in bad taste, including those that embarrass opponents or mimic the use of weapons.
There is no set time limit on how long such celebrations can continue. Sporting News did research on how many ties would have occurred in the National Football League if the ten minute overtime period had been adopted earlier, and found that, "There have been 83 overtime games in the last five seasons and five of those ended in ties". But the league is placing an emphasis on speeding up the pace of games.More news: US top court tightens patent suit rules in blow to 'patent trolls'
"As work continues on the transformational sports and entertainment district being built at Hollywood Park, we are looking forward to moments such as a grand opening during the Summer of 2020 and the Super Bowl's return to Los Angeles after almost three decades", Demoff said in a statement.
League officials will review celebrations during the preseason and anticipate providing guidance as the regular season progresses.
Coaches were concerned that too many players were exhausted and risked injuries at the end of the extra period. Former player Jon Runyan, who is in charge of on-field disciplinary actions, will decide the fines.
The NFL has made a decision to award Los Angeles the opportunity to host Super Bowl LVI instead of Super Bowl LV due to the one-year construction delay.
In addition to shifting the 2021 Super Bowl venue to Florida, owners also awarded Los Angeles the 56th Super Bowl in 2022 during league meetings in Chicago, the NFL announced. "But some things will still be open to interpretation".