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Wow....Each team got 432.6 million this week revenue sharing
#24
(07-24-2025, 12:13 PM)TheLeonardLeap Wrote: https://www.greenbaypressgazette.com/story/sports/nfl/packers/2025/07/23/ninth-home-game-boosts-packers-revenue-into-record-territory-green-bay/85193770007/

$719.1m in revenue for 2024
They claimed $635.4m in expenses.

Keep in mind the Packers invest a lot in local real estate. So when they go "our expenses were..." it can include spending tens of millions on real estate. Also unlike cap accounting, REAL accounting the signing bonus will be in that year. So for instance while Joe Burrow only had a $19.5m cap hit in 2023 when he signed his extension, the Bengals expenses showed that he got $45.5m in cash in 2023.

Ultimately any team can make themselves look like they're losing money if they want to. We saw it for ages with college football programs. Alamaba would build a $45m training complex or whatever so that the same year they could claim they only had $450k in profits or something so OBVIOUSLY they couldn't possibly pay their (at the time) "student athletes" a fair share of what they produced.

Perfect example... the Packers claimed "depreciation of construction" as an "expense". They also have expenses of investing in restaurants and bars that they own around the stadium, which is just them spending some money now to make more money later. They put $24m into their "corporate reserve fund" that's now at $579m. They put $5m into their charity fund which now has an endowment of $61m.... lots of ways to make money vanish through "expenses".

Thanks for the info.  Like I said I don't know much about all the financial stuff.  But again I think the only way we can guesstimate what the Bengals net is through what the Packers report.   How all those numbers are manipulated I can't really comment on.  I didn't claim the Bengals were losing money or Mike Brown was going to have to get a job as a greeter at Walmart.  I simply threw out a rough guess based on what an article reported about the Packers. 

On the other hand I get the impression that a lot of people think Mike Brown is loading 100's of millions of dollars into the trunk of his car after each season and I don't believe that to be true either.  :)

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Rock On
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RE: Wow....Each team got 432.6 million this week revenue sharing - George Cantstandya - 07-24-2025, 12:48 PM

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