Report: NFL teams' revenue share topped $8 billion in 2017
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[July 17, 2018]
A glimpse into the Green Bay Packers' books shows that NFL
teams raked in about $255 million each in 2017, according to ESPN's
Darren Rovell.
As a public company, the Green Bay Packers must share their
financial information. And the information the Packers released
Monday showed the amount the teams received in revenue sharing,
representing a total of more than $8 billion to the league's 32
teams.
The money primarily came from revenue from the league's television
packages, Rovell reported. That is an increase of 4.9 percent, due
in part to the rising value of the NFL Thursday Night Football
franchise.
Packers president Mark Murphy said the lingering effect of some NFL
issues, including the national anthem controversy, did not harm to
bottom line.
The Packers also took in nearly $200 million from local revenue
sources, although Murphy said that missing the playoffs for the
first time in a decade did significantly impact revenue. The Packers
reported a profit from operations of $34.1 million - down from $65.4
million the previous season. Expenses also rose 11.9 percent.
"This is the first year since 2008 that we were not in the playoffs,
and I think that had an impact on us," Murphy said. "We didn't have
a home playoff game and some of our visitation numbers were down a
little bit. We don't see that as a negative trend."
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Green Bay Packers team
president Mark Murphy watches his team warm up before playing the
Carolina Panthers in an NFL football game in Charlotte, North
Carolina, September 18, 2011. REUTERS/Chris Keane
Since the end of last season, Brian Gutekunst has taken over for Ted
Thompson as general manager and both coordinators have been changed
- to Mike Pettine on defense and Joe Philbin on offense. Most
important, quarterback Aaron Rodgers will be back to 100 percent
entering training camp.
"Certainly, having Aaron healthy is a part of that, but I think some
of the changes we've made coaching staff as well as the draft and
players we've added ... I think people are excited for the season,"
Murphy said. "You add on top of that the 100 seasons, it should,
knock on wood, be a good year."
--Field Level Media
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