For the first time since 2000, the Green Bay Packers organization lost money in fiscal year 2020 due to the COVID-19 pandemic.
The team reported $409.8 million in expenses compared to $371.1 million in revenue — the main cause being no spectators during home games in the regular season.
Team CEO/president Mark Murphy is optimistic that last year will be a blip on the radar moving forward.
“The pandemic had a significant impact on our finances. But that said, I think the Packers remain in a very strong position financially,” Murphy said Friday in a news conference.
Green Bay expects to be full capacity at historic Lambeau Field this season and will also welcome fans during training camp.
The Packers are the NFL’s only publicly owned franchise and disclose their revenues each year.
In 2019, the team pulled in a record $506.9 million.
–Field Level Media
More in Sports
In his daily pregame media sessions, San Diego Padres manager Jayce Tingler rarely talks...
2021 NBA DRAFT FIRST ROUND 1. Detroit Pistons: Cade Cunningham, G, Oklahoma State 2....
Chicago Bears tight end Jake Butt retired from the NFL, saying in a lengthy...
Forward Ryan Reaves, who posted the lowest goal total of his 11-year NHL career...
The Los Angeles Galaxy will continue to be without some offensive firepower on Friday...
Brad Keselowski officially joined the Roush Fenway Racing ownership team on Tuesday. The move...
Josh “Choc” Humphries drove for a go-ahead dunk with 3.7 seconds left to cap...
Ryan Benoit vs. Zarrukh Adashev
Austrian Sepp Straka carded an 8-under 63 on Thursday to secure the first-round lead...
Novak Djokovic’s attempt to win tennis’ Golden Slam ended Friday at the Tokyo Olympics....