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The Packers have made public the year-end financial results of the 2021-22 season.
In short, it has gone from this of 2020:
To this in 2021, around 100M improvement over the pandemic year. And the new TV deal isn't even in...:
Sports Business Journal says:
The Green Bay Packers roared back from the pandemic to post a $77.7 million operating profit in the 2021 season on $579 million in revenue, thanks in large part to a 12-percent gain in revenue split equally throughout the NFL. NFL teams shared $11.1 billion in television and sponsorship revenue in 2021, or $347.3 million per team, according to year-end financial results posted by the Packers today.
That figure – which doesn’t yet reflect the blockbuster television rights packages inked last year – has soared by more than $3.3 billion (or $100 million per team) just in the last five seasons, vastly shoring up cash flow throughout the league. The national revenue pie includes increased baked into the TV deals that expire next year, but also new growth from the addition of a 17th regular season game, a primetime playoff game and increased sponsorship demand. The Packers augmented their national distribution with $231.7 million in local revenue, up more than 3x from the pandemic 2020 season when fans could not attend regular season games. Compared to the pre-pandemic ’19 season, local revenue is up 9.9%.
"The storyline from our financials from a year ago is a return to normalcy," said Packers CEO and President Mark Murphy.
