NFL Revenue Reaches $7.1 Billion Based on Green Bay Report
National Football League teams shared at least $7.1 billion in revenue from the 2016 season, up about 6 percent over 2015, according to data released Friday by the Green Bay Packers.
Each of the league’s 32 teams received about $222.6 million for the most recent fiscal year.
For the Packers, that represents a 6.4 percent increase over its $209.1 million share a year earlier. Each team gets roughly the same cut of national revenue, which includes national sponsorships, broadcast deals, licensing and merchandise sales.
The media, including Bloomberg News, has long used the Packers’ national revenue number to extrapolate the overall revenue for the NFL. This year, an accounting change makes year-over-year comparisons more difficult.
League Snapshot
As the only publicly owned franchise in major U.S. sports, the Packers’ annual financial statements provide a snapshot into the financial health of the NFL. By restating their 2015 earnings, the Packers also recast last year’s total for the league at $6.7 billion, lower than the $7.3 billion that was widely reported.For the Packers, which paid about $1.5 million more into shared revenue for visiting teams than they received, the bottom line numbers are negligible. Other teams may not be in the same boat.
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Desigened/Created by Eric G. Satterwhite |