Feb. 6, 2013; Green Bay, WI, USA; Green Bay Packers chief executive officer Mark Murphy speaks at the Donald Driver retirement event held in the Lambeau Field Atrium in Green Bay, Wisconsin. Mandatory Credit: Mary Langenfeld-USA TODAY Sports

Green Bay Packers Experience Record Profits

The Green Bay Packers announced the details of another record breaking financial year for the club on Tuesday.

According to the Associated Press:

Team President and CEO Mark Murphy told reporters the Packersgenerated a record $308.1 million in revenue, up 2 percent from 2012′s record $302 million.

”Another strong year on the field,” Murphy said. ”Fourth year in a row to be in the playoffs, won two straight NFC North (Division) championships. That helps our finances.”

That translated into profits for the club. The Packers arcked in a record $54.3 million in profits. A 26.4% increase from the previous year’s $43 million in profits.

It also is a net income record of $43.1 million, up 1% from 42.7% last year. And if profits are going up and expenses are going down that math works out for profits.

Expenses went from $259 million to $254 million, a 2% decrease.

”We’re still well above what we’d consider normal or expected revenue in pro shop sales, (stadium) tours and Hall of Fame visits,” Murphy said. ”It’s just really down from all-time highs.”

Tags: Green Bay Packers Mark Murphy

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