Packers report record revenues, expenses

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As the league’s only publicly held team, the Packers are the only ones who have to show their books on an annual basis.

And this year’s glimpse shows record amounts of money going in and out.

According to Richard Ryman of the Green Bay Press-Gazette, the Packers reported a record revenue of $477.9 million last year, along with $477.2 million in expenses.

“For the long term, we are in a strong, stable financial position,” said Packers President and CEO Mark Murphy. “It was a unique year. We did have some atypical expenses. I don’t see any of these as long-term issues.”

Those expenses include coaching staff changes and free agent signings (things that aren’t typical there), as well as payments to the league’s concussion settlement and the team’s 100 Seasons celebration.

Certainly writing a big check for quarterback Aaron Rodgers was part of that, but the Packers have taken a more aggressive stance with signings, and paying Mike McCarthy not to coach adds up as well.

The Packers national revenue was $274.3 million. That’s the share each team gets, including television deals and road-game revenue sharing.

Their local income was $203.7 million, up $4.7 million from last year.

12 responses to “Packers report record revenues, expenses

  1. “For the long term, we are in a strong, stable financial position.”

    TitleTown District is also going into phase 2 with office and residential buildings being built now. All these investments will bring in high revenue for many years to come.

    #PresentAndFutureIsBright!

    #GoPackGo!🏈

  2. Even though everyone knows NFL ownership of a team should be publically held, an no longer in the hands of inherant families, whose motives are questionable; Do the stockholders in the team, keep seeing more and more money coming in. I believe NFL teams make more like 20 billion a year, than the ten they claim, and that’s alot of money that can help, alot of people.

  3. The monopoly money the millionaires (players) and billionaires (owners) play with just gets more obscene every year. At some point the goose will stop laying the golden eggs, and the bills will get hard to cover.

  4. As a Vikings fan, I have long been boggled as to why that team hasn’t won more super bowls with such a great QB and always chalked it up to the team being cheap on defensive players. Since the new regime took over the Packers are starting to pay more attention to both sides of the game and that scares me a bit. Still, I’m very happy they finally figured out that problem now and not all the seasons before Rogers was in his prime. Yes, he is still stellar, but his best years have been wasted.

  5. 100 season celebrations are expensive, especially when you honor 13 world championships.

    Makes you wonder…

    What will the Vikings celebrate?

    “Well…um…we’ve been around ONE HUNDRED YEARS! And…uh… we were pretty good but not great in the 70s and 80s!”

    lolz what a pathetic excuse for a franchise.

  6. Were legal expenses and settlement numbers broken out. I’d be curious to see if that changed from 2018 and 2019 to see what the Kap settlement worked out to.

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