Packers will release their Financials at end of week

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Packers will release their Financials at end of week

Packers will release their Financials at end of week.

From the Post Crescent:

GREEN BAY – The Green Bay Packers will provide the annual peek into their finances on Friday.

Preliminary financial results of the 2015-16 season will be released at 4 p.m. Friday.  The NFL’s smallest-market team reported record revenue of $375.7 million last year, ranking it ninth in the 32-team NFL. Total revenue has increased every year since Lambeau Field’s 2003 renovation.

Total revenue, rather than net income, is the significant number in the Packers’ financial report. Because profit isn’t returned as dividends and doesn’t affect stock price, it is primarily an accounting function.

Read more Post Crescent


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