October 21, 2014

Packers’ profits on the rise

It was another profitable year for the Green Bay Packers, setting franchise records for

Lambeau Field

Lambeau Field

net income, revenue and profit from operations.

Total revenue went up 2% to $308.1-million.  Net income rose 1% to $43.1-million and the team generated a record $54.3-million in profit, up 26.4%.

The Packers benefited from a significant drop in player costs in 2012, a decrease of about $19-million.  But the Packers did commit millions of dollars to long-term extensions to Aaron Rodgers and Clay Matthews.  The team will see the effect of those deals next year.