From Bob McGinn JSOnline.com "I don't know if there's been a time when we've been more sound financially."
Despite record revenue of $324.1 million, the Packers' net income dipped $17.8 million from a year ago to $25.3 million.
Not to worry, treasurer Mark McMullen said.
"Our operating profit declined temporarily," he told the quick-to-applaud crowd. "The Packers are flourishing. Everything is converging on a positive basis."
Due mainly to April 2013 extensions for Aaron Rodgers and Clay Matthews totaling $176 million, the Packers reported a record $170.9 million in player costs.
McMullen estimated that player costs would fall in the $155 to $160 million range over the next two years. Combine that with anticipated jumps in revenue across the board and a relatively flat salary cap and, as Murphy put it, "We'll have money to invest."
The salary cap isn't likely to be flat rather it's riding a fast moving upward escalator.
This gloom and doom and uneducated excuse making for the way this franchise is run has to stop once and for all. There is PLENTY of money available... and, no, that doesn't mean you just give Jordy Nelson 10 million because there's a bounty. Is he worth it? I don't think he is. We can WIN NOW and not buy the pitiful lie/excuse that draft choices are a sign of trying to bring home a championship. Wake up.
We can/could've signed players of the ilk of Jimmy Graham... we could do all kinds of things. It was repeatedly stated to me that I didn't understand that the costs would be going up each year. This piece shows that player costs are falling over the next couple of seasons.
It is a disservice to the fans, as a fan, to tell other fans that this franchise is not like other franchises and can't really afford to go for it. A lie...rather, more of an excuse for those who settle for good instead of great.
Things are going great and they're only getting better...I'm doin' alright gettin good grades...the future's so bright...I gotta wear shades.
Ted Thompson sits on his hands per former GM: "because they’ve had 25 fricking years of great quarterbacks. Of course it works. Try it without a special quarterback."