Publically Owned Green Bay Packers Set Profit Records in 2011

Green Bay Packers star QB Aaron Rodgers (photo by Jim Biever/Green Bay Packers)

By Richard Ryman

The Green Bay Press Gazette

www.greenbaypressgazette.com

GREEN BAY, Wisc. – Talk about a winning streak.

The Green Bay Packers set so many records on and off the field after winning the Super Bowl in February 2011, it’s hard to know where to begin. One way could be the team’s record-breaking financial results announced on Tuesday.

The NFL’s only publicly owned team recorded $42.7 million in net income last year. National revenue, local revenue, total profit from operations, net profit from operations and net income all were records. The Packers Hall of Fame had 156,000 visitors last year, and 137,000 people took Lambeau Field stadium tours, each besting previous highs in the 90,000s.

Over the winter, the Packers netted $64 million from a stock sale. The organization added 250,000 shareholders, tripling the number the team had before the sale.

READ REST OF THE STORY HERE:

http://www.greenbaypressgazette.com/article/20120711/GPG0101/307110112/Super-year-Championship-sparked-record-profits-Packers-2011?odyssey=tab%7Ctopnews%7Ctext%7CFRONTPAGE&nclick_check=1

 

 

Posted in Bengals GameDay, Browns GameDay, Cincinnati Bengals, Cleveland Browns, Featured, General, NFL, NFL Football |

About the author

Edward Mauler
Edward Mauler graduated from The Ohio State University with bachelor’s degrees in History (2002) and Public Affairs Journalism (2004), and has been the Editor-In-Chief of The Week In Football since 2005. - See more at: http://www.twifonline.com/about-twif/#sthash.vlJaZaDh.dpuf

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