Packers’ financial records show NFL distributed $7.2 billion to teams

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Only one NFL team must disclose financial information, because only one NFL team is owned by the public. The Packers are that team, and they released their latest annual report on Monday.

Via Daniel Kaplan of SportsBusiness Journal, the team reported $226.4 million in so-called “national” revenues, which means that the NFL distributed that much to each team.

Which means that more than $7.2 billion was distributed by the league office via TV deals and other shared revenue streams.

The Packers also reported record revenues of $375.7 million, with local revenues of $149.3 million.

The ever-increasing numbers mean that teams keep getting more and more valuable. And that continues to be one of the great disparities between owners and players. Yes, both sides are sharing the money that’s being made. But only one side has equity — and that equity keeps getting more and more valuable.

58 responses to “Packers’ financial records show NFL distributed $7.2 billion to teams

  1. There you go, over paid Rodgers who choked in big games. If Steve Young or Joe Montana did what Rodgers did, Niners fans would throw up every time. LOL!!!

  2. Yet, they won’t pay for video cameras on the goal line. Proof positive they don’t want any hindrance on their ability to fix games.

  3. Can someone explain why we’re still footing the bills for these gold-encrusted mummies’ stadiums?

  4. If the Packers have money then why not spend it on the side of the ball that needs the most help. I give tons of credit To TT for believing in a system, but how much longer can the window stay open.

    One of these years Rodgers is going to go down for a year like the Patriots went through with Brady. The Packers lost key players on Defense like AJ Hawk who had 100 tackles where is that going to come from.

    The D-Line is going to be thinned by suspensions and BJ Raji is suspect. As a long time Packer fan, We will continued to get to the NFC Title game, but the team should have more then one SB

  5. Over paying Rodgers who choked in big games won’t matter. If Steve Young or Montana did what Rodgers did, Niners fans would throw up every time. Oh wait!!!!

  6. And yet they still demand tax payers front the money for their stadium deals. Even at a cost of $1B, they would pay it off in 4.5yrs based on revenue sharing. But the rich get richer.

  7. The amount distributed by the league to each team was almost $100M in excess of the $133M salary cap, guaranteeing massive profit before one dime of local revenue flows into team’s individual coffers. No wonder the owners tolerate King Roger. The players on the other hand should be marching on the NFLPA’s offices with tar and feathers in hand.

  8. The fact of the matter is that the teams are profitable because of the TEAM, not the individual players. If Tom Brady were suddenly unable to play the Pats would not lose any income for the year. Sure if every individual on a team suddenly changed it would be difficult for fans to follow their team, but that’s not how it works. The players leave slowly, but attrition. It’s not the players themselves that are valuable as individuals that makes them valuable, but the players together as a team.

    Should the players make a fair wage? Sure – and they do – they make millions, but they cannot go out and put together their own games and make money – they need the owners’ teams to do that. I get tired of hearing the players cry about how the owners make so much more than the players. Uh, yea, it’s their team. The owners own. The owners hire. The owners fire. The owners took the financial risk. The individual players are beneficiaries to the owners’ risk – not the other way around.

  9. The Packers also reported record revenues of $375.7 million, with local revenues of $149.3 million.
    ————————-
    I wonder does that local revenue of $149.3 include the Brown county taxes paid to the team each year or it that considered other revenue?

  10. So if the league distributed $7.2 billion, how much do they skim off the top of that number?

  11. Revenues are not profit. Each team isn’t making $300 million in profit. The Packers had a profit of $25 million last year and I would assume that is probably in the middle or close to the higher end of teams making profit. That is still a lot of money, but if you are making $50 million a year it would take at least 20 years of not taking a cent out of your team to build a new stadium. I don’t see any owner wanting to do that.

    I have no problem with public tax money going to help build stadiums. Building new stadiums add thousands of jobs to the local community. The people working those jobs need a place to eat and a place to sleep. The money they spend goes back into the community. Not to mention the income tax that they have to pay for working there.

  12. As a big time Packer stock holder I’d like to know, are the Packers traded on Nasdaq or NYSE?

  13. elwayfanj says:
    Jul 20, 2015 5:48 PM
    Obviously owners get the lion’s share of the profits.
    ______________
    Absolutely, as well they should.
    ______________

    goodguyattorney says:
    Jul 20, 2015 5:46 PM
    The fact of the matter is that the teams are profitable because of the TEAM, not the individual players. If Tom Brady were suddenly unable to play the Pats would not lose any income for the year. Sure if every individual on a team suddenly changed it would be difficult for fans to follow their team, but that’s not how it works. The players leave slowly, but attrition. It’s not the players themselves that are valuable as individuals that makes them valuable, but the players together as a team.

    Should the players make a fair wage? Sure – and they do – they make millions, but they cannot go out and put together their own games and make money – they need the owners’ teams to do that. I get tired of hearing the players cry about how the owners make so much more than the players. Uh, yea, it’s their team. The owners own. The owners hire. The owners fire. The owners took the financial risk. The individual players are beneficiaries to the owners’ risk – not the other way around.
    ________________

    Of course the owners should make more than the players, it is after all their team. Yet to say ” The owners took the financial risk” is disingenuous in this context. While it used to be true, no owner has taken a ri$k since the implementation of the salary cap. I was by no means advocating the inmates should run the asylum merely pointing out from a risk/reward standpoint the players’ representatives under served them, which has often been the case.

  14. Yes cause Niner fans are so happy with all the Super Bowls Kapernick has brought them compared to Rodgers ? 00000 any sane NFL def choose Rodgers plus a Super Bowl yeah that’s discount double check

  15. The fact of the matter is that the teams are profitable because of the PLAYERS on the team, not the individual owners. Move all the players from the NFL to a new league and take all the high level talent coming out of college into this new league and the NFL whithers and dies with the scraps from the practice squad.

    Who’s going to pay to watch Weeden?

    As an entertainment industry, the NFL’s profit margins should be about 10% with the other 90% going to expenses such as salary, stadiums, travel, etc. The players are probably losing about 30-50% on their current deal to what they should be taking in as income.

  16. Maybe we should seize the teams from the owners and give the teams to the NFLPA, the cheerleaders, and the concession workers. Would that make the author happy? Of course some lawyers would make some fat fees along the way.

  17. Anyone who believes the comment “Building new stadiums add thousands of jobs to the local community.” should google “John Oliver stadium funding.” It’s funny and you may learn something.

  18. Imagine if these teams were owned by the tax payers an all the revenues went back into the community and not the elitist owners pockets…are country could be totally awesome again but nah the Danny Snyders & Jerry Jones of the world need to have billions at OUR expense…

  19. One way to send these owners a message about clown show Goodell. Stop watching the games. Lower ratings means they will be forced to take less money from advertisers. Advertisers start going away when they stop getting their dollars worth from advertising with a league that tanks or is on a downward spiral. Stop going to games, stop purchasing their overpriced concessions.

    The NFL is in deep doo doo in the next 3-10 yrs. No QBs coming out of college are worth anything, thus the play declines more so than it already has. I. Hecked the schedule there may be on avg. 1 game a week thats worth watching. The rest are nothing but commercial and penalty fests from garbage teams.

  20. Ralph Wilson, Hall of Fame Owner of the Buffalo Bills purchased the team in 1960 for $ 25,000,
    the Team was sold upon his death for
    $ 1,300,000,000.00. He kept his ticket prices the reasonable so regular fans could afford to go and bring their kids. Ralph Wilson Stadium was built in 1973. Instead of pushing for a New Stadium, it has been upgraded a couple of times. He also quietly took care of former players who made bad decisions in life. Through the years Mr. Wilson loaned money to the Patriots and Raiders to keep them in business. He also donated millions to charity in Buffalo and his hometown of Detroit. Upon his death he took care of his family, but also donated $ 1 Billion to Charity in Buffalo and Detroit.
    The NFL needs more owners like Ralph Wilson.

  21. If the smallest market in the league picked up an extra $149.3 million in local revenue, what did the big boys rake in? Yikes!

  22. All these Packers haters sound like bitter ex girlfriends. I think that if you spend more time begrudging your rival than promoting your team, then that in itself is a sign that your rival is worthy of more attention and you’ve already conceded the battle with your actions.

  23. Damn! That means that Pegula will make back the money he spent to buy the Bills in less than 5 years.

  24. Ralph Wilson, Hall of Fame Owner of the Buffalo Bills purchased the team in 1960 for $ 25,000,
    the Team was sold upon his death for
    $ 1,300,000,000.00. He kept his ticket prices the reasonable so regular fans could afford to go and bring their kids. Ralph Wilson Stadium was built in 1973. Instead of pushing for a New Stadium, it has been upgraded a couple of times. He also quietly took care of former players who made bad decisions in life. Through the years Mr. Wilson loaned money to the Patriots and Raiders to keep them in business. He also donated millions to charity in Buffalo and his hometown of Detroit. Upon his death he took care of his family, but also donated $ 1 Billion to Charity in Buffalo and Detroit.
    The NFL needs more owners like Ralph Wilson.

    Mr. Wilson was from a different age. I don’t think this kind of owner is out there today, unfortunately.

  25. While markets change and any particular product may see its popularity wane. Where in the hell is the risk in purchasing an NFL franchise? Perhaps if they lost their anti-trust exemption and are no longer classified as a non-profit. But until then, if you can scrape together about 3 billion, and hang on for ten years you’ll double your money.

  26. xemper0rx says:
    Jul 20, 2015 5:58 PM

    Revenues are not profit. Each team isn’t making $300 million in profit. The Packers had a profit of $25 million last year and I would assume that is probably in the middle or close to the higher end of teams making profit. That is still a lot of money, but if you are making $50 million a year it would take at least 20 years of not taking a cent out of your team to build a new stadium. I don’t see any owner wanting to do that.

    =====

    Bob Kraft paid for his stadium with his own money. Gave up a sweetheart deal from Hartford CT too where they were going to pay for 100% of the cost. They didn’t cheat in Deflategate…They don’t cheat the taxpayers either.

  27. The finite number of cities/states in the NFL form an exclusive fraternity, one that has expectations and costs associated with its membership.

    Not all markets can support the expectations and costs required to remain (or join) this fraternity. There’s nothing wrong with markets deciding the ROI isn’t worth the cost…the NFL will just find a market that does.

    Compete or die, its the ethos that made this nation great, so its expected that all the PFT libs hate all sports except soccer and figure skating!

  28. Last I checked, the players don’t put up any money to buy a team.
    The players get a nice salary.
    They can always retire and use their money to buy a team.
    Then they can reap the equity

  29. If the Packers were that profitable, you would assume every NFL team makes hundreds of millions in local revenue, right?

    Then why did the Wilf’s insist on fleecing their business partners out of $90 million, no small figure when the courts made them pay that back.

  30. Every team could build a billion dollar stadium and be in the clear in 3 years? Yet they threaten every city once the stadiums shine wears off.

  31. It’s suppose to be a 9 billion dollar a year industry, if so what did the NFL do with the other 1.8 billion. They sure didn’t use it to pay taxes. Other than Goodell’s 44million where did the rest of it go?

  32. I didn’t know Rodgers had already won more Super Bowls than Steve Young and Joe Montana. I just wanna puke. Waste of career with the Packers.

  33. So the local revenue paid for the player salaries and the team had to pay some portion of stadium maint. costs, gameday ops salaries not paid by the $ left between the $137M & the player salaries, team scouting/exec salaries, and some other nominal expenses out of the $226M? I’m gonna guess they make more than $50M/yr profit unless they have some seriously strange expenses. I’d put the number on closer to $150M in profit for GB. Now, we don’t know if the shares were the same for everyone, but I could see owners doing proportional shares for licensing deals on apparel, etc. and even splits of broadcasting contracts.

    Tell me again why any of these guys are asking for taxpayer funding for stadia. They have the annual revenue to use their private credit rating to borrow that money in the bond market. At worst they should be asking cities to borrow the money using the municipal credit rating and tax status with an agreement that the teams will pay all of the debt servicing costs for the life of the debt. This would put the city on the hook if the team folded, but it appears the risk of a team folding is exceedingly low.

    I’m a Raiders fan and the Davis family is amongst the poorest set of owners in the league in terms of cash flow and bank account balance, but these numbers show there is no reason the Raiders shouldn’t be paying out of their own pocket to renovate the current stadium (it is old, but the design is good for football – short of the monstrosity that is Mt. Davis) rather than trying to build a whole new stadium. They need to widen the concourses, add restrooms, and freshen the place up (along with kicking the A’s to the curb)…but for them to suggest there is any need for actual public money is ridiculous given these figures (which are only increasing every year).

  34. ariani1985 says:
    Jul 20, 2015 5:55 PM
    As a big time packer stock holder, I wonder how many other teams fleece the fans with fake stock sales?

    The best part is they used the money to install aluminum BENCHES in Lambeau. You couldnt make this up if you tried.
    Admit it cheeseheads, you would rather have a real seat with a back and an armrest. We know you dont need cupholders since you never put your beer down.

  35. billburke says:
    Jul 20, 2015 8:53 PM

    They didn’t cheat in Deflategate…They don’t cheat the taxpayers either.

    _________

    The Patriots institutionalized cheating. Its an acceptable tradeoff in their eyes for championships.

  36. an organization that is worth over a billion dollars should be making more then 25M in net income

    throwing out big revenue numbers doesn’t paint the true picture without the corresponding expenses

  37. The numbers are up significantly from last year, in which roughly $6 billion was split between the teams.

    In other words, this means Roger Goodell won’t be getting fired…more likely he’ll be getting a nice clap on the back (and probably a bonus).

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