Packers Report Strong Financial Health with $60M+ Profit in 2024

The Green Bay Packers reported a $60.1 million operating profit for the fiscal year ending March 31, 2024, despite a 12.5% drop from the previous year due to capital investment depreciation. Total revenue increased by nearly $44 million to $654 million, driven by national broadcast contracts and local revenue from additional games and a playoff push. Expenses rose by $52.3 million due to player contracts and facility investments. The Packers' net income was $98.1 million, bolstered by strong investment gains, and their corporate reserve fund now stands at $536 million. The organization also reported significant charitable contributions and ongoing success with the Titletown development.