Packers Report Record Revenue Amid NFL Thriving

Fans cheering at a Green Bay Packers game

News Summary

The Green Bay Packers have announced record revenue of $719.1 million for the recent fiscal year, reflecting a 9.9% increase from the previous year. This financial growth is set against the backdrop of the NFL’s overall revenue surge to $13.8 billion. While profit from operations rose considerably, the team’s net income saw a decline due to reduced non-operating income. The Packers’ unique public ownership structure provides transparency in financial reporting, with further details to be shared at an upcoming shareholder meeting.

Green Bay, WI – The Green Bay Packers have reported a record revenue of $719.1 million for the fiscal year 2025, marking a significant increase from their previous earnings. This represents a 9.9% rise from $654.1 million in 2024, showcasing the team’s robust financial health amid the NFL’s expanding revenue landscape.

The NFL, overall, achieved a record national revenue of $13.8 billion in the last fiscal year, with each of the 32 teams receiving $432.6 million in revenue for 2024. The Packers, as the only publicly owned team in the league, are required to disclose their financial statements annually, providing a more transparent view of their operations compared to other franchises.

While the Packers celebrated a 39.3% increase in profits from operations, totaling $83.7 million, their net income experienced a decline of 12.5%, falling from $98.1 million in 2024 to $85.6 million. This drop was primarily attributed to a significant decrease in non-operating income, which plummeted from $38 million the previous year to $1.9 million in 2025.

Local revenue for the Packers saw a notable growth of 13.7%, increasing from $251.8 million to $286.4 million. The team benefited from hosting nine regular-season games and one preseason game in 2024, contributing significantly to this local revenue boost. However, overall expenses also rose by 7%, amounting to $635.4 million, driven by player contract cycles, depreciation from facility construction, and higher travel costs.

The financial updates come at a pivotal time as Packers President and CEO Mark Murphy announced his retirement at the age of 75. Murphy expressed his astonishment at the NFL’s growing appeal and the remarkable revenue generated largely from lucrative television deals.

The Packers have a unique financial situation due to their public ownership structure, which prevents them from selling a portion of their team value to private equity funds, a common strategy for other NFL teams seeking to enhance liquidity. Consequently, the Packers maintain a corporate reserve fund essential for their operational stability.

These financial reports will be formally presented to shareholders during the annual meeting scheduled at Lambeau Field on July 25, providing an opportunity for owners to delve deeper into the team’s financial strategies and future outlook.

The NFL continues to thrive on its limited live viewing options, effectively enhancing the league’s financial success in an era marked by increasing demand for professional football. The Packers’ impressive fiscal results reaffirm their position as a competitive franchise, reflective of broader trends in the sports entertainment industry.

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STAFF HERE MILWAUKEE WRITER
Author: STAFF HERE MILWAUKEE WRITER

MILWAUKEE STAFF WRITER The MILWAUKEE STAFF WRITER represents the experienced team at HEREMilwaukee.com, your go-to source for actionable local news and information in Milwaukee, Milwaukee County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Summerfest, Milwaukee Film Festival, and the Milwaukee Boat Show. Our coverage extends to key organizations like the Metropolitan Milwaukee Association of Commerce and Visit Milwaukee, plus leading businesses in manufacturing and brewing that power the local economy such as Harley-Davidson and MillerCoors. As part of the broader HERE network, we provide comprehensive, credible insights into Wisconsin's dynamic landscape.

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