UPDATE: Green Bay Packers post record profits - WAOW - Newsline 9, Wausau News, Weather, Sports

UPDATE: Green Bay Packers post record profits

Posted:
MILWAUKEE (AP) -

 

The Green Bay Packers say they have posted a record $43 million in profit over the last fiscal year.

As the NFL's only public team, the Packers have to release a financial report each year. The team provided its 2011-12 numbers Tuesday.

The Packers reported records for total revenue ($302 million) and net income ($42.7 million). Team officials credit the fact that Green Bay played the season as the defending Super Bowl champs and opened the season 13-0.

Packers president Mark Murphy says it helped that labor issues were resolved just before last season's training camps kicked off, meaning fans didn't miss anything.

The revenue figures don't include the $64 million raised through a six-week stock sale around the Christmas season.

 

 


 

 

 

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WAOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Chief Engineer Russ Crass at 715-842-2251. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.