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 by Elvis
3 months ago
 Total posts:   22846  
 Joined:  Mar 28 2015
United States of America   Los Angeles
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https://profootballtalk.nbcsports.com/2 ... -expenses/

Packers report record revenues, expenses

Posted by Darin Gantt on July 12, 2019, 4:45 PM EDT

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.

 by Elvis
3 months ago
 Total posts:   22846  
 Joined:  Mar 28 2015
United States of America   Los Angeles
Administrator

From a different article:

National revenue for the year was $274.3 million, an $18.4 million increase from the year before.


So that looks like an increase of 7% which, i think, means that's what we can ballpark for a raise in next year's salary cap?

Or not...

 by St. Loser Fan
3 months ago
 Total posts:   3327  
 Joined:  May 31 2016
United States of America   LA Coliseum
Superstar

Elvis wrote: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.


But the Rams would have gone bankrupt if they had stayed in St. Louis.

 by aeneas1
3 months ago
 Total posts:   11167  
 Joined:  Sep 13 2015
United States of America   Norcal
Hall of Fame

St. Loser Fan wrote:But the Rams would have gone bankrupt if they had stayed in St. Louis.

in terms of franchise valuation, yep.

 by Elvis
3 months ago
 Total posts:   22846  
 Joined:  Mar 28 2015
United States of America   Los Angeles
Administrator

St. Loser Fan wrote:But the Rams would have gone bankrupt if they had stayed in St. Louis.


Rams are in L.A., NFL revenue is at an all time high, coincidence? Maybe. Maybe not...

 by Elvis
3 months ago
 Total posts:   22846  
 Joined:  Mar 28 2015
United States of America   Los Angeles
Administrator

https://www.actionnetwork.com/nfl/nfl-2018-19-revenue

NFL Teams Share $8.78 Billion in Revenue

Darren Rovell
Jul 13, 2019 10:00 PM EDT

The Green Bay Packers reported their 2018-19 fiscal revenue on Friday, and as the NFL's one public team, we got a window into the league's financials.

Green Bay Packers president Mark Murphy also told Darren Rovell why the league continues to explore an 18-game schedule.

The NFL shared $8.78 billion in national revenue with its 32 teams this past season.

That number became clear on Friday when the Green Bay Packers, the league’s only public team, reported that its cut of the national revenue was $274.3 million. Each of 32 teams split that amount equally.

The national revenue has increased 33 percent since 2013, factoring for inflation, considering that each team received $187.7 million that year.

Last year, the Packers spent more money on personnel than ever before, thanks to having to pay quarterback Aaron Rodgers $67 million in the first four months of his deal. That resulted in the team’s net income coming in 78 percent lower than last year.

Also included in the Packers’ numbers are their investment in Titletown, the real estate development surrounding Lambeau Field, which Packers president Mark Murphy says is performing up to expectations, but isn’t yet profitable nearly two years after launch.

The Packers said they made concussion settlement payments as is required by every team, but the franchise did not disclose how much it paid. Almost $500 million had been paid to players through May, according to a recent claims report.

On Thursday, the Wall Street Journal reported that the league is looking into having 18 regular season games, but perhaps making a rule that players could only play in 16 of them. As part of this, the league would trim the preseason from four to two games.

“What we do know is our current preseason is not a good product,” Murphy said. “Our players don’t need four games and it seems like fewer starters are playing in them. Maybe another way to do this is to add one neutral site game and one international one for every team, so we can use this to grow the game.”

Having more substantive games could also increase rights fees. Preseason games are, for the most part, broadcast locally. If two more games actually counted, under current rates, ESPN, Fox, CBS and NBC would pay approximate $500 million more per year combined.

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7 posts Oct 16 2019