Ring 6
PatsFans.com Supporter
PatsFans.com Supporter
2021 Weekly Picks Winner
2022 Weekly Picks Winner
- Joined
- Sep 13, 2004
- Messages
- 63,761
- Reaction score
- 14,113
Convertedpatsfan found this link to the Packers financials.
When I looked them over they showed many things that are very different than what posters have been saying.
Essentially in 2010 the Packers received about 258mill in revenue.
Out of that revenue approximately the following happened for every dollar
63 cents went to player costs
37 cents was left
33 cents went to the other expenses of the franchise
4 cents was left for gross profit
2 cents of that went to 'other expenses' or taxes
2 cents was left for a net profit for the owners.
In 2005 about 12.5 cents of every dollar was left for net profit.
Revenues were 58mill more than 2005, yet owners made 20 mill less while player cost was increased by 63million.
So comparing 2005 to 2010:
The Packers generated 58mill more in revenue while seeing non-players costs rise 18mill.
There was 40million more left to 'share' between players and owners and the players got 63mill of it.
So from the Packers perspective while other costs are rising, players costs have risen faster than revenue.
I have asked many posters what would follow if the owners turned over their financials.
Well we have a preview, because 1 of the 32 have, so we can discuss it here.
When I looked them over they showed many things that are very different than what posters have been saying.
Essentially in 2010 the Packers received about 258mill in revenue.
Out of that revenue approximately the following happened for every dollar
63 cents went to player costs
37 cents was left
33 cents went to the other expenses of the franchise
4 cents was left for gross profit
2 cents of that went to 'other expenses' or taxes
2 cents was left for a net profit for the owners.
In 2005 about 12.5 cents of every dollar was left for net profit.
Revenues were 58mill more than 2005, yet owners made 20 mill less while player cost was increased by 63million.
So comparing 2005 to 2010:
The Packers generated 58mill more in revenue while seeing non-players costs rise 18mill.
There was 40million more left to 'share' between players and owners and the players got 63mill of it.
So from the Packers perspective while other costs are rising, players costs have risen faster than revenue.
I have asked many posters what would follow if the owners turned over their financials.
Well we have a preview, because 1 of the 32 have, so we can discuss it here.