faba Posted July 10, 2014 Share Posted July 10, 2014 NFL teams split $6B in revenue Updated: July 10, 2014, 5:16 PM ET By Darren Rovell | ESPN.com 24 1 COMMENTS4 EMAIL PRINT NFL teams, for the first time, equally divided more $6 billion in revenue last season. That's according to financials released by the Green Bay Packers on Thursday afternoon. The Packers said they received $187.7 million in national revenue, which is mostly derived from the league's television rights. The Packers' total represents 3.1 percent, or 1/32nd, of the overall pie. Packers president and CEO Mark Murphy said the national revenue rose 4.3 percent from last year due in part to new carriage agreements with the NFL Network and additional revenue from Nike, the league's official uniform provider. The national revenue dollars the Packers and the rest of the league's teams have received continues to climb over the years, with the total pie up 56 percent, factoring for inflation, since 2006. The most significant jump will happen next season, as new television deals with each of the league's partners, along with the new CBS Thursday Night package, pushes the league's media revenue from the networks alone to an average of more than $5 billion a season. That doesn't include the league's $1 billion a year contract with DirecTV, which expires at the end of the 2014 season and is currently being re-negotiated. As the only public team, the Packers are required to release revenue numbers, even though their more than 360,000 shareholders hold shares that don't have a resale value and aren't publicly traded. The Packers reported local revenue for this past season was $136.3 million, helped along by the new 7,000-seat south end zone, which added $8 million in tickets and concession revenue and $2 million in sponsorship. Local revenues for the Packers were $136.3 million, up 6.4 percent from last season. Factoring in expenses of $298.5 million, the Packers pulled in a $25.5 million profit, down nearly 53 percent from last season. Murphy said the main reason for the decline were player costs of $171 million. The team signed big contracts with Aaron Rodgers, Clay Matthews, Julius Peppers and Sam Shields, parts of which were included in this fiscal year. Link to comment Share on other sites More sharing options...
Larz Posted July 10, 2014 Share Posted July 10, 2014 with the total pie up 56 percent, factoring for inflation, since 2006. pretty good business, showing football on TV. sonny werblin would be proud Link to comment Share on other sites More sharing options...
Maxman Posted July 10, 2014 Share Posted July 10, 2014 The sport is so popular even the owners can't ruin it. Link to comment Share on other sites More sharing options...
De-Jet-Erate/Duane Posted July 10, 2014 Share Posted July 10, 2014 The sport is so popular even the owners can't ruin it. But I am sure they will continue to try. Link to comment Share on other sites More sharing options...
Maxman Posted July 10, 2014 Share Posted July 10, 2014 But I am sure they will continue to try. Actually they will damage it more and more as they go Not sure they will ever ruin it completely. Link to comment Share on other sites More sharing options...
BroadwayJets Posted July 11, 2014 Share Posted July 11, 2014 The sport is so popular even the owners can't ruin it. Don't worry, Goodell is taking care of that Link to comment Share on other sites More sharing options...
SenorGato Posted July 11, 2014 Share Posted July 11, 2014 A boo. Link to comment Share on other sites More sharing options...
JerryK Posted July 11, 2014 Share Posted July 11, 2014 A guy on the radio in Detroit said it best.. Mr Ford could burn every ticket for the whole season, walk into an empty stadium and sit on the 50 yard line by himself for every game. And still earn 50 million per game. Link to comment Share on other sites More sharing options...
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