Packing Profits

The Green Bay Packers released their annual financial statement as a publicly held company.

Their profits fell by 50% as the team missed the playoffs for the first time in a decade. Their share of the annual $8 billion broadcast revenue was $225 million.

In spite of the steep drop in profit, they still finished $34.1 million on the positive side.

Two things are consistent with NFL teams: they all make money and their overall value increases every year no matter what.