Particle.news

Download on the App Store

Packers Surpass $719 Million in 2024 Revenue Ahead of Leadership Transition

Fueled by a ninth home game alongside expanded media-rights income, the nonprofit team reported record margins plus a stronger reserve fund in Mark Murphy’s final report

Image
Image
Image

Overview

  • National revenue rose 7.5% to $432.6 million, implying league-wide distributions exceeding $13.8 billion.
  • Local revenue climbed 13.7% to $286.4 million on higher gameday pricing and increased attendance at nine regular-season home games.
  • Operating profit increased 39% to $83.7 million despite a 7% rise in total expenses.
  • Net income fell 12.8% to $85.6 million due to lower investment gains, and the corporate reserve fund grew to $579 million from $536 million.
  • Mark Murphy is stepping down after 17½ years as president, with Ed Policy set to assume leadership at Friday’s annual shareholders meeting.