News Column

Packers post record revenue again in 2014

July 11, 2014

GENARO C. ARMAS, AP Sports Writer



MILWAUKEE (AP) The Green Bay Packers had another year of record revenues, yet income fell after making some high-priced player moves.

The NFL's only publicly owned team said Thursday that revenue rose 5 percent to $324 million. Team president Mark Murphy credited the boost to another winning season that culminated with a third straight NFC North title, as well as increased revenue sharing across the league.

Total expenses increased nearly 18 percent to $298 million. The Packers still drew a net income of $25 million, but that was down 41 percent from last year.

At the end of their fiscal year, the Packers are required to release detailed financial data as a publicly owned team.

Murphy cited a $35 million spike in player costs to a record $171 million for much of the increase in expenses.

AP NFL website: www.pro32.ap.org and www.twitter.com/AP_NFL


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Source: Associated Press


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