All told, the Packers’ national revenue grew from US$274.3 million to US$296 million, while local revenue rose from US$203.7 million to US$210.9 million. The remaining portion of the increase – US$7.3 million – was attributed to local broadcasting and sponsorship agreements, as well as a home playoff game. In total, the NFL’s 32 teams shared centrally distributed revenues of US$9.47 billion last year.
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The Packers’ US$29 million year-on-year increase in total revenue was largely down to an uplift in the NFL’s national TV contracts, which saw each team receive an extra US$21.7 million due to built-in escalators. The Packers are NFL's smallest-market franchise and due to their fan ownership model, which is unique among major league teams in the United States, they are the only one that reports their finances publicly. Study: 76% of US sport fans want more ‘watch party’ experiences Total expenses for the 2020 fiscal year came in at US$$436.6 million, just over US$$40.6 million less than the prior year, while net income stood at US$34.9 million, compared with US$8.4 million in 2019. The team’s latest figures also show an operating profit of US$70.3 million, which represents a whopping 9,610 per cent year-on-year uplift – although last year’s report comprised various one-off expenses totalling US$56 million, including costly free-agent player signing, payments to sacked coaching staff, and the team’s contribution to a concussion liability fund for former NFL players. The National Football League’s (NFL) Green Bay Packers have posted total revenues of US$506.9 million for the fiscal year ending 31st March, marking the first time the franchise has surpassed half a billion dollars in earnings in a single year.
32 NFL teams shared central revenues of US$9.47bn last year.Local revenue rose from US$203.7 million to US$210.9 million.
NFL’s smallest-market team earns US$506.9m for fiscal year ending 31st March.
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