Packers' Net Profit: $5.2 Million· Page 2

shield4life
Veteran Member

14 years ago

After everyone takes there share of money, there is 5.2 net profitable.

A lot of people are making so much money in the organization including the shareholders even the owners are on one.

It's all a business plot to hide some $$$ to avoid major taxes.

Glad To Be A Packers Fan.

tonyagnese
Registered

14 years ago

#12

Packers are in a unique position in the fact that they have a GLOBAL franchise, w/ a unique history and fans w/ a vested interest in the franchise. That makes the Packer far more profitable than most teams in terms of local revenue!

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PackerTraxx
Senior Member

14 years ago

#13

I believe winning is likely the most important factor in determining revenue.

According to the article, player costs are going up twice as fast as revenue. Player cost is 2/3 of the expenses. I think that would qualify as a major concern.

"Rockmolder" wrote:

Take in mind that this is in one year in an economic crisis, though.

Over the last 10 years, revenue has gone up way more than the player's salaries.

Over the last 3 years, though, since the new CBA has been signed, player salaries have been rising faster than revenue.

That's where both sides get stuck on this one, I think.

"PackerTraxx" wrote:

Good point. However, I would think the last 3 years would weigh quite heavily because of today's business climate. Also if I remember correctly the networks don't want to pay as much for TV rights as in the past. In addition , if I understand correctly the players "pot" is linked to the revenue by a percentage. How can they expect to keep getting a higher percentage? If one wants to do that you should take the good with the bad.

Why is Jerry Kramer not in the Hall of Fame?

Porforis
Veteran Member

14 years ago

#14

I think I understand why the Owners want a new deal. I also agree that if they are going to use lack of profit as their basis for their argument, they need to open their books to the NFLPA to prove their argument.

As of now, the Owners are whining about lack of profit, but won't show the numbers to prove their argument.

"Zero2Cool" wrote:

Do privately-owned teams need to publicly release this information? The Packers need to release this information to shareholders legally. Do other teams HAVE to?

PackerTraxx
Senior Member

14 years ago

#15

No, the other teams do not have to release this info. That's why all eyes are on the Packers.

Why is Jerry Kramer not in the Hall of Fame?

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Zero2Cool (24-Nov) : Bears. Vikings. OT

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Zero2Cool (22-Nov) : 49ers might be down their QB, DL, TE and LT?

packerfanoutwest (22-Nov) : Jaire Alexander says he has a torn PCL

Zero2Cool (20-Nov) : Even with the context it's ... what?

Mucky Tundra (20-Nov) : Matt LaFleur without context: “I don’t wanna pat you on the butt and you poop in my hand.”

beast (20-Nov) : We brought in a former Packers OL coach to help evaluate OL as a scout

beast (20-Nov) : Jets have been pretty good at picking DL

Zero2Cool (20-Nov) : He landed good players thanks to high draft slot. He isn't good.

Zero2Cool (20-Nov) : He can shove his knowledge up his ass. He knows nothing.

beast (20-Nov) : More knowledge, just like bring in the Jets head coach

Zero2Cool (19-Nov) : What? Why? Huh?

beast (19-Nov) : I wonder if the Packers might to try to bring Douglas in through Milt Hendrickson/Ravens connections

Zero2Cool (19-Nov) : The Jets fired Joe Douglas, per sources

packerfanoutwest (19-Nov) : Jets are a mess......

Zero2Cool (19-Nov) : Pretty sure Jets fired their scouting staff and just pluck former Packers.

Zero2Cool (19-Nov) : Jets sign Anders Carlson to their 53.

Zero2Cool (19-Nov) : When you cycle the weeks, the total over remains for season. But you get your W/L for that selected week. Confusing.

packerfanoutwest (19-Nov) : the total and percentage are the same as the previous weeks

packerfanoutwest (19-Nov) : the totals are accurate..nrvrtmind

Zero2Cool (19-Nov) : I don't follow what you are saying. The totals are not the same as last week.

packerfanoutwest (19-Nov) : ok so then wht are the totals the same as last week?

Zero2Cool (19-Nov) : NFL Pick'em is auto updated when NFL Scores tab is clicked

Martha Careful (19-Nov) : The offense was OK. Let's not forget the Bear defense is very very good.

packerfanoutwest (19-Nov) : Who updates the leaderboard on NFLPickem?

beast (19-Nov) : Has the Packers offense been worse since the former Jets coach joined the Packers?

Zero2Cool (19-Nov) : Offense gets his ass in gear, this could be good.

Zero2Cool (19-Nov) : Backup QB helped with three wins. Special Teams contributed to three wins.

bboystyle (18-Nov) : Lions played outside thats why. They scored 16 and 17 in the only 2 outside games this year

Zero2Cool (18-Nov) : The rest of the NFL is catching up to Packers ... kicking is an issue throughout league

packerfanoutwest (18-Nov) : Packers DL Kenny Clark: We knew 'we were going to block' Bears' game-winning field goal attempt

Zero2Cool (18-Nov) : Lions seem to be throttling everyone, but only (only) got 24 lol maybe the rain is why

Zero2Cool (18-Nov) : Packers vs Lions game doesn't seem so bad.

beast (18-Nov) : Dennis Green "They are what we thought they were, and we let them off the hook!"

Martha Careful (17-Nov) : comment of the day Z2Cool "Bears better than we want to admit. Packers worse than we think. It's facts."

Mucky Tundra (17-Nov) : my worst case scenario: Bears fix their oline and get a coach like Johnson from the Lions and his scheme

Zero2Cool (17-Nov) : Bears get OL fixed amd we might have a problem

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