Only one team must disclose financial information, because only one team is owned by the public.
That team is the Green Bay Packers, and their annual report has been released.
Via Ben Fischer of SportsBusiness Journal, the Packers took in $506.9 in revenue in the fiscal year ending March 31.
The team reported $296 million in “national” revenues, which means that the NFL distributed that much to each team.
That means that more than $9.4 billion was distributed across all 32 teams. That’s up from $8.78 billion from one year ago.
As we look to the future, we feel very good about those continuing to grow at a very healthy pace,” Packers President Mark Murphy said.
The team also reported local revenues of $210.9 million, which Murphy said the ranked ninth among the 32 NFL teams.
Revenue numbers are expected to decline for all 32 teams in 2020 as a result of the COVID-19 pandemic.
Murphy said if the Packers are permitted to have fans, they are planning on Lambeau Field holding between 10,000-12,000 people under social distancing rules.
Murphy also added that he’s confident a season will happen.
“I feel confident we’ll get the season in, and whether fans are in the stands, that’s an area where I have real questions,” Murphy said. “But as I said before, we’re very fortunate that 2/3 of our revenue is from television, from the national revenue. That covers our player costs. Right now, from a league perspective, the priority is to be able to play the games, get the games on television and make sure we keep everybody safe and healthy.”
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