Truth & Rumors > NFL
Packers worried about NFL's future
After a 13-3 regular season, two home playoff games and a final bow from Brett Favre, the Green Bay Packers figured to have a pretty good year from a financial perspective. And they did -- but it wasn't the moneymaking blockbuster some might have expected, a development that reinforced Packers executives' long-term concerns about the financial health of the NFL. The Packers took in about $241 million in operating revenue for the 2007-08 fiscal year that ended March 31, about 10 percent more than the previous year. But thanks to a significant rise in player costs, the team's total operating profit fell more than 37 percent to $21.4 million. "We had a good year," Packers president and CEO Mark Murphy said. "But not as strong as you might have anticipated." Packers executives believe the team ranks just outside the league's top 10 most profitable franchises despite playing in its smallest media market. But they're worried about the future after watching the team's player costs skyrocket from $110 million in the 2006-07 fiscal year to $124 million last year. That's why, Murphy said, NFL owners voted in May to opt out of their collective bargaining agreement with the players union. The current agreement remains in effect through the 2010 season, but owners hope to negotiate a new deal that would allow them to keep a bigger chunk of the money the league and teams take in. NFL owners recently said they are paying $4.5 billion to players this year, just under 60 percent of their total revenues.
Web's Best Blogs
-
Sporting Blog
Michigan Bad Enough For Boeckman Treatment
All told, the Maize 'n Blue played well enough to keep a kernel of intrigue alive at the…
-
The Big Lead
Mid-Day Roundup: Carlesimo?s Firing Was Inevitable
Betty White would like to thank you for being a friend. At 78 years old, shes still going strong.…
-
Rumors and Rants
McD?s Week 13 Picks: Rivalry Week Part One
Check rankings on Wednesday. Look up names for rivalries. Its McDs week 13 picks extravaganza!…
Stub Hub
The 2008 schedule has been released. Search for tickets!
Truth & Rumors
MOST POPULAR
-
1
T.O. frustrated with Cowboys offense
- Views
- 14212
- Comments
- 1593
-
2
Would Red Sox dare to shop Big Papi?
- Views
- 11668
- Comments
- 1279
-
3
Red Sox, Tigers talking deal
- Views
- 4409
- Comments
- 118
-
4
Notre Dame nixes students' recruiting plot
- Views
- 8907
- Comments
- 87
-
5
Agent: Ocho Cinco's future in owner's hands
- Views
- 7561
- Comments
- 77
Most Active Users
Comments + Blog Posts + Throwdowns
Message Boards
-
NCAAF > General NCAAF
The most anticipated game.
- Views
- 99
- Replies
- 7
-
NCAAF > General NCAAF
Gameday Predictions: Texas…
- Views
- 77
- Replies
- 5
-
MLB > General MLB
Shouldn't the World Series be…
- Views
- 32
- Replies
- 2





Melissa Baker
Tracy Burns

Comments (98) Add A Comment
wait until 2011.
pw
New Baltimore , NY
Total Comments (2525)
Making only 21.4 million in profit when you have a handful of players making more than that. Yeah... the teams really just rake in the dough and the poor oppressed players are being ridden until they're crippled just to make the owners wealthy. I really have no sympathy.. especially for the greedy players now.
smoss
Total Comments (185)
Cut the pay, its out of control. Love the way big pay is working for the Yanks and Mets lol.
jackman....!
Dillweed Heights, NC
Total Comments (6985)
The poor oppressed players don't have guns to their heads forcing them to play.
I would be interested to see how teams like the Bills or Bengals made out this past season.
BigBlueLube
Watchung , NJ
Total Comments (318)
Without their players, there is no team and thus no profit. Boo-freaking-hoo.. the team ONLY made $21.4 million dollars this year.. whatever will they do.
bigdog1002
Huntsville , AL
Total Comments (283)
Huh? the Packers are just outside the top 10 with a lousy 21 million? And Dallas and Washington are worth over a billion? Quick! Somebody find a way to blame Bush for this!!! No, please..no politics.
Insane Hussein
Charlottesville, VA
Total Comments (1662)
I guess thats why they want a share of other teams profits.....lol...... like a Jerry Jones handout
LuckeyStoke
Cocoa Beach , FL
Total Comments (201)
Keep giving those players humongous paychecks and increasing the costs of everything the fans buy and see how long you stay afloat in a sea of black ink. Something's got to give.
no name at all
Total Comments (14405)
Honestly, if the NFL wants to generate sympathy for the upcoming stand against the players, they're gonna have to come up with a better example than "The Packers ONLY made $21 million in pure profit."
BigBlue4You
Boston , MA
Total Comments (161)
Everyone was calling Ralph Wilson a loon two years ago when the owners forced through the current contract and he was one of the few dissenters....looks like he has been vindicated. Operating and player costs are going to keep rising. Having to pay 120 million in player salaries is a lot easier when it is spread out over 81 games rather than 8.
Angry Sports Guy
Wayne , NJ
Total Comments (2)
Everyone was calling Ralph Wilson a loon two years ago when the owners forced through the current contract and he was one of the few dissenters....looks like he has been vindicated. Operating and player costs are going to keep rising. Having to pay 120 million in player salaries is a lot easier when it is spread out over 81 games rather than 8.
Angry Sports Guy
Wayne , NJ
Total Comments (2)
As much as I can't stand the Packers, and that pic is one of the many reasons why, from a business stand point this is getting out of hand. Guaranteed contacts for rookies with out even playing, signing bonuses over 30 million, it's nuts, especially when football revenues have kind of peaked where as baseball can do whatever it wants right now.
KCMAC929
Minneapolis, MN
Total Comments (758)
"Honestly, if the NFL wants to generate sympathy for the upcoming stand against the players, they're gonna have to come up with a better example than "The Packers ONLY made $21 million in pure profit.""
That's less then AROD made last year, and most NFL teams made even less then that. Yeah,lets give the players more money. lol
Fan of Football
M, M
Total Comments (492)
If a franchise knows the monetary wellbeing of the NFL it's the Packers. 2011 will definetely be the end of the rookie monster contracts, and deservingly so. It's so unfair.
LSUDYNASTY
Total Comments (481)
Psssst! Hey, Packers! Los Angeles is looking for an NFL team! And ....... L.A. Packers has a nice ring to it!
DCruiser
Barrington , IL
Total Comments (3048)
get with Jerry Jones, he'll show them how to milk millions more out of the stadium and generate additional revenue.
vaughn9
Total Comments (2196)
"keeping revenue sharing and the salary cap in place.".......
That is the essential element here. The players want the cap done away with ( The rich would inherit the game),and the owners want a cap, but not at 60%.
I believe the owners will shut the game down if the players push too hard, and I do not blame them. There is nothing wrong with owners making a profit. I suspect there are teams that make no profit or lose money..Enjoy the game now, a work stoppage is coming..
50yearfan
Total Comments (3752)
Fan of Football..what does Arod's contract have to do with anything?
If teams were actually losing money, then I think there would be a reason for concern. But no teams release their financial statements to the public, so we don't know how the NFL is actually doing. They cite some "60% of revenues go to the players" statistic and all of a sudden people want to bury the players. They don't mention that NFL players are at the greatest risk of lifelong health problems, and their salaries, on average, are lower than a player in any other league (except the NHL). The fact of the matter is that the NFL is the most profitable league in North American sports. If the NFL owners manage to force the players into a less favorable contract, do you think that NFL price escalations will stop, or even revert to earlier prices? No way. They'll keep increasing their prices, but the money will instead go to the owners. Maybe its just me, but I'd rather see the players who play the game make the money rather than the owners.
I agree that rookie contracts are obscene. They don't deserve such huge contracts and with guaranteed money. But lets not get ahead of ourselves. Everyone talks about the guaranteed money given out to veteran free agents, but that's something that sports agents fight for only because the NFL can cut their clients if they under perform. Look at the NFL versus leagues like the MLB or the NBA. In those sports, if you want to sign the marquis free agent of the off season, you will generally have to pony up contracts in the $100 million range, every dollar of which is guaranteed. The best free agents of the NFL off season get around $30 million guaranteed. There's a huge difference here.
BigBlue4You
Boston , MA
Total Comments (161)
...hold on....don't the owners decide what they are going to pay the players? Your boss comes to you and says, "...I think I'm gonna give you twice your current salary". You say, "...geeze, I'm concerned about your financial stability and profit margin if you do that"...???
Sure you do...Why are the "workers" dissed for taking what their bosses give them?
Fundamentally, owners can't control themselves, and they don't trust each other. Can you spell collusion? This was and is the only way that a business of wealthy egomaniacs can control their own industry!
Teddiez
Raleigh, NC
Total Comments (1)
And yeah, despite what I have to say about the players and the owners, i hope the players do not push to do away with he cap. Revenue sharing and the salary cap are what keep football a success in comparison to sports like baseball, in which you only have the same 4 teams in contention year after year.
BigBlue4You
Boston , MA
Total Comments (161)
Comment
Remember to keep your posts clean. Profanity will get filtered, and offensive comments will be removed.