Tag

Nfl Revenue

All articles tagged with #nfl revenue

business5 months ago

Green Bay Packers' Revenue Surges to $432.6M Despite Net Income Drop

The Green Bay Packers reported a strong financial year with an $83.7 million operating profit, driven mainly by an extra home game at Lambeau Field and increased revenue from broadcasting and local sources, despite higher expenses related to team travel and stadium investments. The team continues to invest heavily in stadium and facilities upgrades, maintaining a competitive edge, while also boosting community impact and reserve funds.

sports-business1 year ago

Packers Report Record $98M Net Income Amid Surging NFL Revenue

The Green Bay Packers reported a $60.1 million profit for the 2024 fiscal year, driven by a record $402.3 million in national revenue from the NFL. Despite being the smallest-market team, the Packers continue to generate strong revenues, although their net profit decreased by 12.5% from the previous year due to rising costs. Packers President Mark Murphy highlighted the growing importance of streaming and the team's strong financial position as they prepare for leadership transition and future challenges.