News Summary
The Green Bay Packers reported a significant revenue increase, achieving $719.1 million in revenue. This marks a 9.9% rise compared to the previous year. Factors contributing to this growth include hosting nine regular-season games as well as an overall spike in national and local revenue. Despite a drop in net income and an increase in expenses, Packers President Mark Murphy announced his retirement amid these financial achievements. The team’s commitment to transparency remains highlighted by its requirement to disclose financial performance publicly.
Green Bay, Wisconsin – The Green Bay Packers reported a remarkable record revenue of $719.1 million for the fiscal year 2025, marking a 9.9% increase from the previous year’s total of $654.1 million. This financial milestone coincides with the NFL’s successful fiscal year, during which the league generated a record $13.8 billion in national revenue. Each of the league’s 32 teams, including the Packers, similarly benefited, receiving $432.6 million in revenue for the 2024 fiscal year.
Packer’s financial performance highlights a significant rise in both national and local revenue, with national figures climbing by 7.5% from $402.3 million to $432.6 million, and local revenue growing even more impressively by 13.7%, from $251.8 million to $286.4 million. The team’s profits from operations saw an upswing of 39.3%, totaling $83.7 million for the year, although the Packers did experience a decline in net income by 12.5%, dropping from $98.1 million to $85.6 million.
In conjunction with the financial results, Packers President and CEO Mark Murphy announced his retirement at the age of 75. Murphy’s leadership coincided with a period of growth for the team, underlining the correlation between the team’s strong performance and the NFL’s expansion in popularity and revenue, largely fueled by lucrative television deals.
The Packers benefited from hosting nine regular-season games and one preseason game in 2024, significantly contributing to their increase in local revenue. However, the team’s overall expenses also increased by 7%, totaling $635.4 million. This rise in expenses has been attributed to the cyclical nature of player contracts, higher costs from facility depreciation, and increased travel expenses.
Despite the surge in operational profits, the decline in non-operating income was a notable factor in the drop in net income. Non-operating income plummeted from $38 million in 2024 to just $1.9 million in 2025, illustrating the financial challenges that accompany growth in operational revenue. The Packers’ financial disclosures are unique in the NFL, as they are a publicly owned team required to present their financial statements annually, ensuring greater transparency than their privately-owned counterparts.
The team’s corporate reserve fund plays a pivotal role in their financial stability, especially considering they cannot sell 10% of their team value to private equity funds, a common practice among other teams. Murphy acknowledged that the popularity of the NFL, driven by limited options for live viewing, plays a critical role in supporting the league’s financial success.
Looking ahead, the Packers will formally present their latest financial updates to shareholders at the annual meeting scheduled for July 25 at Lambeau Field, where team leadership will likely address future prospects for additional growth amid the evolving landscape of professional football.
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Additional Resources
- ESPN: Packers Say Received Record $432.6M Revenue Sharing
- Green Bay Press Gazette: Ninth Home Game Boosts Packers Revenue into Record Territory
- Sports Illustrated: Packers Financial Report Gives Inside Look at Billions of NFL Revenue
- NBC Washington: NFL Revenue Sharing 2025
- CBS Sports: Here’s How Much Each NFL Team Made in National Revenue in 2024
- Wikipedia: National Football League
- Google Search: Green Bay Packers revenue
- Google Scholar: Green Bay Packers financial report
- Encyclopedia Britannica: National Football League
- Google News: Green Bay Packers
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