Packers say they received record $432.6M in revenue sharing - ESPN

GREEN BAY, Wis. — Eighteen years ago, when Mark Murphy gave his first financial report after taking over as president of the Green Bay Packers, the NFL's revenue sharing was $138 million per team.

On Wednesday, just days before Murphy officially will retire and hand over control to incoming president Ed Policy, the Packers revealed that their national revenue sharing from the previous fiscal year was $432.6 million — a year after national revenue topped $400 million per team (at $402.3 million) for the first time.

«I continue to be amazed by the popularity of the NFL and by the league office's ability to generate revenue,» Murphy said. «It's impressive.»

The team's finances are the only window into the NFL's revenue-sharing numbers because as the only publicly owned team, the Packers are required to reveal their financial statement on an annual basis.

With $432.6 million distributed to each of the 32 NFL teams, it means the league shared more than $13 billion in revenue from the previous fiscal year.

Murphy, along with Maureen Smith (Packers chief financial officer) and Karl Schmidt (treasurer of the team's executive committee), shared the numbers that they will present to their stockholders during the annual shareholder meeting Friday at Lambeau Field. Murphy said national revenue accounts for about 60% of the Packers' total revenue.

«That's mostly the growth in the national TV deals,» Murphy said. «The league has it so they're trying to grow at about a 7% growth rate annually. And then the other thing I think the league's done a good job of is moving more towards streaming, but still a vast majority of our national revenue is coming from broadcast television.»

That helped the Packers' profit from operations increase