All 32 NFL teams have had a lucrative year, as the financial disclosures of the NFL’s only public team make clear.
Unlike the other 31 teams, the Packers ‘financial information is made public due to the Packers’ ownership structure, and according to Sports Affairs Journal, this year’s disclosure says the Packers took in $ 506.9 million in revenue in the fiscal year ending March 31.
This includes $ 296 million in national revenue and $ 210.9 million in local revenue. Domestic revenue is split among the 32 teams, so the figure of $ 296 million represents each team’s share of domestic revenue, which comes mostly from television rights. League-wide, that would bring total national income to around $ 9.5 billion.
Packers President and CEO Mark Murphy said the Packers ranked ninth out of 32 NFL teams in terms of local revenue.
The Packers’ revenue for the year was up 6.1% from the $ 477.9 million the team made the year before. In the coming season, revenue numbers are expected to drop for all 32 teams as ticket sales will drop significantly due to the COVID-19 pandemic.
“Going forward, things are obviously going to be very different,” Murphy said. “This year, we expect revenues to drop dramatically, and there is a lot of uncertainty like every business and organization. We believe the organization is well positioned to overcome the pandemic. “
