NFL teams split $6B in revenue during 2013 season
Packers financial data from the 2013 fiscal year shows NFL teams split more than $6 billion in revenue last year.
The Green Bay Packers released their annual revenue report on Thursday, opening a window in the multi-billion dollar world of NFL team financials. Because the Packers are a publicly-owned team, their revenue report is made public, and it shows the 32 NFL teams split north of $6 billion.
The Packers earned $187.7 million in national revenue in 2013, CEO and President Mark Murphy revealed, which amounted to a 4.3 percent increase over the previous year. (Multiply $187.7 million by 32 and you get $6,006,400,000.)
Murphy attributed the bump to NFL Network appearing on additional television sets -- the league's network resolved its dispute with Time Warner -- and increased revenue from Nike.
For the Packers specifically, they saw an actual -- gasp -- decline in net income during the previous fiscal year. But don't worry: it's actually a good thing, as Green Bay signed both Aaron Rodgers and Clay Matthews to long-term extensions during that time period.
"We are investing in our team and investing in our stadium with a real priority on the game-day experience," Murphy said.
The Packers recorded $25.3 million in net income last year, a decrease of 41.3 percent.
Green Bay also, as Murphy referenced, pumped $300 million into expanding and improving Lambeau Field.
Total expenses for the Packers were up $44.1 million (17.6 percent), $35 million of which was in player costs.
The Packers saw a 5.2 percent increase in total revenue over the previous year.
Expect that number to rise again next season: additional revenue for the Thursday night television package (on CBS!) and the renegotiation of the DirecTV Sunday Ticket deal should lead to the NFL making more money on a national level than ever before.
The printing press rolls on.
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