Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New resources
Latest activity
Media
New media
New comments
Search media
Resources
Latest reviews
Search resources
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Forums
Open Football Discussion
Green Bay Packers Fan Forum
Packers' Finances the only window to the numbers behind the coming strike
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="JBlood" data-source="post: 286789" data-attributes="member: 16"><p><strong>Whether you back the players or the owners it will be the fans who will pay for everything.</strong></p><p><strong></strong></p><p></p><p></p><p></p><p><strong>WGBA -NFL Turns its Attention to Green Bay Today</strong></p><p></p><p><strong>Member Center:</strong></p><ul> <li data-xf-list-type="ul"><a href="http://javascript%3Cb%3E%3C/b%3E:%20WNMemberCenterManager.gotoLoginLink%28%27create%27%29" target="_blank">Create Account</a>|</li> <li data-xf-list-type="ul"><a href="http://javascript%3Cb%3E%3C/b%3E:%20WNMemberCenterManager.gotoLoginLink%28%27login%27%29" target="_blank">Log In</a></li> <li data-xf-list-type="ul"><a href="http://javascript%3Cb%3E%3C/b%3E:%20WNMemberCenterManager.gotoLoginLink%28%29" target="_blank">Manage Account</a>|</li> <li data-xf-list-type="ul"><a href="http://javascript%3Cb%3E%3C/b%3E:WNMemberCenterManager.gotoLoginLink%28%27logout%27%29" target="_blank">Log Out</a></li> </ul><p></p><p> SITE SEARCHWEB SEARCH BY <img src="http://wgba.images.worldnow.com/global/images/google/google-logo_dark.gif" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p> </p><p> <img src="http://wgba.images.worldnow.com/images/static/hdr/hdr_branding.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p></p><p> <strong>NFL Turns its Attention to Green Bay Today</strong></p><p></p><p></p><p> </p><p> <img src="http://wgba.images.worldnow.com/images/294603_G.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /> </p><p> </p><p> </p><p> </p><p></p><p> </p><p> </p><p> By <a href="mailto:dwalker@journalsentinel.com">Don Walker</a> of the Journal Sentinel</p><p> </p><p> With the release this morning of numbers related to their financial performance last year, the Green Bay Packers will surely grab the attention of the National Football League, its players' association and millions of football fans,.</p><p> The Packers are a publicly owned franchise and are required to report to its shareholders - just like thousands of other businesses in the country - its financial performance. The franchise is unique in that it is the only NFL team that releases to the public how it fares financially each year.</p><p> Last year, the team reported a net profit of $4 million, relatively small compared with the past few years.</p><p> Today's profit number, as well as the amount of revenue the team generated in the year ending March 31, and the amount of money it gets from national television, are benchmarks that will be scrutinized by members of the players' association in the ongoing contract negotiations.</p><p> The current labor deal expires in March 2011, and that could lead to a work stoppage in 2011.</p><p> While it would be unfair to compare Green Bay, by far the smallest media market in the NFL, to other teams, the Packers will share the amount of national TV revenue it receives. That's a number every other league in the team gets.</p><p> In the leadup to this season, NFL negotiators, including Mark Murphy, president and CEO of the Packers and a former union official himself, have argued that the percentage of revenue going to players has to go down. Exactly how much is in dispute. The union says the league wants to reduce the players' share by 18%; the league disputes that.</p><p> Th union has said that the players' share of revenue cannot be negotiated unless the players have a better idea how teams perform financially. Today, the Packers will open the door a little and let the players see for themselves.</p><p> In recent years, Murphy has said that the cost of player salaries has risen faster than the Packers' ability to generate revenue. I would expect to hear the Packers make that same point again.</p><p> Andrew Brandt, a former top Packers' official who writes on the blog <a href="http://www.nationalfootballpost.com/" target="_blank">National Football Post,</a> has speculated that the league might not ask for any reduction in the share of revenues in return for the union agreeing to play two extra games.</p><p> Finally, the release of these numbers also has to be seen through the prism of the existing economic conditions in the country. The recession took a toll on the entire country, including professional sports. The Packers may report that their ability to generate local revenue was down last year, compared with others years. And while the team continues to sell out its games and ticket prices are higher, other ancillary revenue may have gone down.</p><p> On July 29, the annual Packers' shareholders meeting will be held at Lambeau Field. Roger Goodell, the league's commissioner, is expected to attend and take some questions from shareholders.</p><p> Goodell, who will be touring other NFL camps this summer, is sure to be asked about the current contract situation and what he thinks of the Packers' financials.</p><p> We'll know more later today.</p><p> </p><p></p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p></p><p> </p><p> <a href="http://www.worldnow.com/" target="_blank"><img src="http://wgba.images.worldnow.com/images/static/container-e/wn_powerby.gif" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a>All content © Copyright 2000 - 2010 WorldNow and WGBA. All Rights Reserved.</p><p> <a href="http://www.journalbroadcastgroup.com/privacy.html" target="_blank">| Privacy Policy |</a> <a href="http://www.journalcommunications.com/termsofuse.html" target="_blank">| Terms of Service |</a> <a href="http://www.journalbroadcastgroup.com/EEO" target="_blank">| EEO Report |</a> <a href="http://jobs.journalbroadcastgroup.com/" target="_blank">| Jobs |</a> </p><p><img src="http://wgba.images.worldnow.com/images/312611_G.gif" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p><p style="text-align: center">Green Bay</p><p></p><p></p><p></p><p></p><p></p><p></p><p> <img src="http://analytics.worldnow.com/dcsuhch2hzersfqyzf2de5tct_4d8l/njs.gif?dcsuri=/nojavascript&WT.js=No&WT.tv=8.0.0&WT.sp=WGBA&dcssip=www.nbc26.com" alt="" class="fr-fic fr-dii fr-draggable " style="" /> <img src="http://jisentinelgreenbaytelevision.122.2o7.net/b/ss/jisentinelgreenbaytelevision/1/G.9-Pd-R/s7211500676185?[AQB]&ndh=1&t=14/6/2010%2010%3A0%3A56%203%20300&pageName=nbc26.com%3A%20%20global&g=http%3A//www.nbc26.com/Global/story.asp%3FS%3D12804511&r=http%3A//news.google.com/nwshp%3Fclient%3Dfirefox-a%26rls%3Dorg.mozilla%3Aen-US%3Aofficial%26hl%3Den%26tab%3Dwn&ch=global&server=nbc26.com&cc=USD&c1=361&c2=82&c5=9/24/2007&c6=1&c7=Index&c10=38&c11=story.asp&c14=22&c15=flash%2010&c17=http%3A//www.nbc26.com/global/story.asp%3Fs%3D12804511&s=1440x900&c=24&j=1.3&v=Y&k=Y&bw=1440&bh=748&p=Default%20Plugin%3BJava%20Embedding%20Plugin%200.9.7.2%3BPicasa%3BiPhotoPhotocast%3BSilverlight%20Plug-In%3BShockwave%20for%20Director%3BShockwave%20Flash%3BQuickTime%20Plug-in%207.6.6%3BGoogle%20Earth%20Plug-in%3B&[AQE]" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="JBlood, post: 286789, member: 16"] [B]Whether you back the players or the owners it will be the fans who will pay for everything. [/B] [B]WGBA -NFL Turns its Attention to Green Bay Today[/B] [B]Member Center:[/B] [LIST] [*][URL="http://javascript%3Cb%3E%3C/b%3E:%20WNMemberCenterManager.gotoLoginLink%28%27create%27%29"]Create Account[/URL]| [*][URL="http://javascript%3Cb%3E%3C/b%3E:%20WNMemberCenterManager.gotoLoginLink%28%27login%27%29"]Log In[/URL] [*][URL="http://javascript%3Cb%3E%3C/b%3E:%20WNMemberCenterManager.gotoLoginLink%28%29"]Manage Account[/URL]| [*][URL="http://javascript%3Cb%3E%3C/b%3E:WNMemberCenterManager.gotoLoginLink%28%27logout%27%29"]Log Out[/URL] [/LIST] SITE SEARCHWEB SEARCH BY [IMG]http://wgba.images.worldnow.com/global/images/google/google-logo_dark.gif[/IMG] [IMG]http://wgba.images.worldnow.com/images/static/hdr/hdr_branding.jpg[/IMG] [B]NFL Turns its Attention to Green Bay Today[/B] [IMG]http://wgba.images.worldnow.com/images/294603_G.jpg[/IMG] By [EMAIL="dwalker@journalsentinel.com"]Don Walker[/EMAIL] of the Journal Sentinel With the release this morning of numbers related to their financial performance last year, the Green Bay Packers will surely grab the attention of the National Football League, its players' association and millions of football fans,. The Packers are a publicly owned franchise and are required to report to its shareholders - just like thousands of other businesses in the country - its financial performance. The franchise is unique in that it is the only NFL team that releases to the public how it fares financially each year. Last year, the team reported a net profit of $4 million, relatively small compared with the past few years. Today's profit number, as well as the amount of revenue the team generated in the year ending March 31, and the amount of money it gets from national television, are benchmarks that will be scrutinized by members of the players' association in the ongoing contract negotiations. The current labor deal expires in March 2011, and that could lead to a work stoppage in 2011. While it would be unfair to compare Green Bay, by far the smallest media market in the NFL, to other teams, the Packers will share the amount of national TV revenue it receives. That's a number every other league in the team gets. In the leadup to this season, NFL negotiators, including Mark Murphy, president and CEO of the Packers and a former union official himself, have argued that the percentage of revenue going to players has to go down. Exactly how much is in dispute. The union says the league wants to reduce the players' share by 18%; the league disputes that. Th union has said that the players' share of revenue cannot be negotiated unless the players have a better idea how teams perform financially. Today, the Packers will open the door a little and let the players see for themselves. In recent years, Murphy has said that the cost of player salaries has risen faster than the Packers' ability to generate revenue. I would expect to hear the Packers make that same point again. Andrew Brandt, a former top Packers' official who writes on the blog [URL="http://www.nationalfootballpost.com/"]National Football Post,[/URL] has speculated that the league might not ask for any reduction in the share of revenues in return for the union agreeing to play two extra games. Finally, the release of these numbers also has to be seen through the prism of the existing economic conditions in the country. The recession took a toll on the entire country, including professional sports. The Packers may report that their ability to generate local revenue was down last year, compared with others years. And while the team continues to sell out its games and ticket prices are higher, other ancillary revenue may have gone down. On July 29, the annual Packers' shareholders meeting will be held at Lambeau Field. Roger Goodell, the league's commissioner, is expected to attend and take some questions from shareholders. Goodell, who will be touring other NFL camps this summer, is sure to be asked about the current contract situation and what he thinks of the Packers' financials. We'll know more later today. [URL="http://www.worldnow.com/"][IMG]http://wgba.images.worldnow.com/images/static/container-e/wn_powerby.gif[/IMG][/URL]All content © Copyright 2000 - 2010 WorldNow and WGBA. All Rights Reserved. [URL="http://www.journalbroadcastgroup.com/privacy.html"]| Privacy Policy |[/URL] [URL="http://www.journalcommunications.com/termsofuse.html"]| Terms of Service |[/URL] [URL="http://www.journalbroadcastgroup.com/EEO"]| EEO Report |[/URL] [URL="http://jobs.journalbroadcastgroup.com/"]| Jobs |[/URL] [IMG]http://wgba.images.worldnow.com/images/312611_G.gif[/IMG] [CENTER]Green Bay[/CENTER] [IMG]http://analytics.worldnow.com/dcsuhch2hzersfqyzf2de5tct_4d8l/njs.gif?dcsuri=/nojavascript&WT.js=No&WT.tv=8.0.0&WT.sp=WGBA&dcssip=www.nbc26.com[/IMG] [IMG]http://jisentinelgreenbaytelevision.122.2o7.net/b/ss/jisentinelgreenbaytelevision/1/G.9-Pd-R/s7211500676185?[AQB]&ndh=1&t=14/6/2010%2010%3A0%3A56%203%20300&pageName=nbc26.com%3A%20%20global&g=http%3A//www.nbc26.com/Global/story.asp%3FS%3D12804511&r=http%3A//news.google.com/nwshp%3Fclient%3Dfirefox-a%26rls%3Dorg.mozilla%3Aen-US%3Aofficial%26hl%3Den%26tab%3Dwn&ch=global&server=nbc26.com&cc=USD&c1=361&c2=82&c5=9/24/2007&c6=1&c7=Index&c10=38&c11=story.asp&c14=22&c15=flash%2010&c17=http%3A//www.nbc26.com/global/story.asp%3Fs%3D12804511&s=1440x900&c=24&j=1.3&v=Y&k=Y&bw=1440&bh=748&p=Default%20Plugin%3BJava%20Embedding%20Plugin%200.9.7.2%3BPicasa%3BiPhotoPhotocast%3BSilverlight%20Plug-In%3BShockwave%20for%20Director%3BShockwave%20Flash%3BQuickTime%20Plug-in%207.6.6%3BGoogle%20Earth%20Plug-in%3B&[AQE][/IMG] [/QUOTE]
Insert quotes…
Verification
Post reply
Members online
No members online now.
Latest posts
2025 Roster - Semi Live Thread
Latest: Thirteen Below
39 minutes ago
Green Bay Packers Fan Forum
Badger Volleyball 2025-26
Latest: Voyageur
Yesterday at 11:50 PM
Wisconsin Badgers Forum
My Brush With Greatness
Latest: Thirteen Below
Yesterday at 11:04 PM
NFL Discussions
Fifth Year Option Decided On Wyatt - another year added...
Latest: El Guapo
Yesterday at 7:38 PM
Green Bay Packers Fan Forum
H
Early 53 Man Roster Projection
Latest: Heyjoe4
Yesterday at 4:13 PM
Green Bay Packers Fan Forum
Forums
Open Football Discussion
Green Bay Packers Fan Forum
Packers' Finances the only window to the numbers behind the coming strike
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top