Packers enjoy another record financial year - WFXS, MyFoxWausau - News and Weather for Wausau, WI

Packers enjoy another record financial year

Posted:
MADISON, Wis. (AP) -- -

The Green Bay Packers have put together another record financial year.

Team officials announced Tuesday they took in a record $308.1 million in total revenue over the last fiscal year, up 2 percent from 2012. The team also generated a record $54.3 million in profit, up 26.4 percent, and a record $43.1 million in net income.

The Packers also cut their expenses by 2 percent, from $259 million in 2012 to $253.8 million. Team President Mark Murphy says a $19 million reduction in player costs played a huge role in shrinking expenses.

Murphy said the team's numbers didn't include the big contract extensions quarterback Aaron Rodgers and linebacker Clay Matthews signed in April. Those deals will count toward next year's figures.

Powered by WorldNow
Home  |  News  |  Sports  |  Weather  |  Community  |  Money  |  Health  |  Entertainment  |  Inside FOX  |  About Us  |  LookItUp Wisconsin  |  Casino Chatter
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WFXS. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.