The Packers are the only NFL team required to report their year-end financial results, and they did so on Friday, pulling the curtain back on the NFL’s recovery from the pandemic.
The Packers posted a file $77.7 million operating profit In the 2021 season on revenues of $ 579 million, Ben Fisher from Sports Business Magazine reports.
The NFL teams posted a 12 percent gain in revenue equally divided among the 32 clubs, sharing $11.1 billion in television and sponsorship revenue in 2021, or $347.3 million per team.
That number has increased by $3.3 billion — or $100 million per team — in the past five years and does not yet include the Monster TV rights packages signed last year. The regular season’s 17th game, primetime playoffs and increased sponsorship helped boost the league’s national revenue, says Fisher.
The Packers reported $231.7 million in domestic revenue, up 9.9 percent in the latest pre-pandemic season of 2019. Packers president Mark Murphy, via Fisher, said Green Bay is “between 8 and 10” in the domestic league.
“The story from our financial statements from a year ago is a return to normalcy,” Murphy said.
In 2020, when the Packers played without fans at Lambeau Field, the team incurred a $38.8 million loss on $371 million in revenue.
For the 2022 season, the Packers raised ticket prices.
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