(The Center Square) – The Green Bay Packers made $83.7 million last year, a profit increase of $23.6 million that that team attributed to hosting a ninth regular season game.
The team saw $64.9 million in increased revenue but also spent $41.3 million more, expenses that included both travel for games and a joint practice in Denver along with depreciation of Lambeau Field and team facilities being factored in.
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The Packers are unique in that they are a publicly owned, non-profit corporation that releases financial information publicly each year.
The Packers also have paid for stadium upgrades primarily through private funds instead of asking for public funding. The team had a 0.5% stadium tax that ran from 2000 through 2015. The team doesn’t pay property tax on the public-owned stadium but does make annual rent payments. The Packers and city of Green Bay remain in negotiations on a $1 million annual payment along with a 2.75% annual escalator on a lease extension.
The Packers saw a $34.6 million increase in local revenue last year while national revenue payments from the NFL related to television and streaming rose $30.3 million with a total $432.6 million payment from the league.
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The NFL recently hosted the 2025 NFL Draft in Green Bay outside of Lambeau Field with Experience Greater Green Bay and the Packers claiming the event created an economic impact of $73 million in Brown County and nearly $105 million statewide.
But a recent academic paper showed the benefit for draft host cities is far less than what host cities have claimed and Las Vegas actually saw 20,000 less hotel rooms rented during the event.