Financial danger lurks for Packers in the future

Posted June 19, 2005
A very interesting story about the Packer financial conditions now and in the future. It appeared on the front page of the Sunday Green Bay Press-Gazette 06/18

Financial danger lurks for Packers




Labor uncertainty could jeopardize fiscal standing

By Richard Ryman
rryman@greenbaypressgazette.com

The Green Bay Packers had another successful year financially, but they are anxious about what could happen if the NFL does not negotiate a new agreement with players.

For the third consecutive year, the Packers ranked 10th in the 32-team league in revenue, the very stability the team was looking for when it renovated Lambeau Field. But failure to reach a collective bargaining agreement that keeps player costs under control could jeopardize those gains.

Perhaps a return to sanity in sports would alleviate these "worries". Look at the numbers. This is no longer sport, it's business. Bring back the town teams, as 'digger says.

1921 Green Bay Packer team. A local team for local fans. They certainly didn't need 40% extra revenue above football expenses for "investments".

What scares me even more than a possible failure to reach a collective bargaining agreement, are some of these new breed greedy owners like Dan Snyder who care more about making more money than the good of the league. Same thing goes for Jerry Jones, even though he's been in the league awhile.

I think greedy owners who don't want to share as much revenue could possibly ruin football someday they way they ruined baseball. I hope that never happens, but that's the one thing that worries me about the Packers down the road.

It would be just like baseball. And if that happened they could have all the teams and stick them ... you know where.