Packers report operating profit of $77.7 million on revenue of $579 million

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The Packers are the only NFL team required to release its year-end financial results, and they did so on Friday, drawing the curtain back on the NFL’s post-pandemic rebound.

The Packers released a Operating profit of $77.7 million in the 2021 season with $579 million in revenue, Ben Fischer from Sports Business Journal reports.

NFL teams saw a 12% revenue gain split evenly among the 32 clubs, sharing $11.1 billion in television and sponsorship revenue in 2021, or $347.3 million per team.

That number has grown by $3.3 billion — or $100 million per team — over the past five years and doesn’t yet include the monster television rights packages signed last year. A regular-season Game 17, prime-time playoff game and increased sponsorship helped boost the league’s domestic revenue, according to Fischer.

The Packers reported homegrown revenue of $231.7 million, up 9.9% over the last pre-pandemic season of 2019. Green Bay sits “between 8th and 10th” in the league in terms of local revenue, Packers president Mark Murphy said via Fischer.

“The scenario for our finances from a year ago is back to normal,” Murphy said.

In 2020, when the Packers played without fans at Lambeau Field, the team posted a loss of $38.8 million on $371 million in revenue.

For the 2022 season, the Packers have increased ticket prices.