Green Bay Packers president Mark Murphy announced that NFL revenue sharing reached $432.6 million per team in the previous fiscal year, representing significant growth from $402.3 million the year prior.
The financial disclosure came during Murphy\'s final report before retiring and transferring control to incoming president Ed Policy. Murphy noted the dramatic increase from $138 million per team when he first took office eighteen years ago.
The Packers remain the only publicly owned NFL franchise, making their financial statements the sole window into league-wide revenue sharing figures. With $432.6 million distributed to each of the 32 teams, the NFL shared more than $13 billion in total revenue.
Murphy attributed the growth primarily to expanding television deals and streaming partnerships. National revenue now accounts for approximately 60% of the Packers\' total revenue, with the league targeting 7% annual growth rates.
\"I continue to be amazed by the popularity of the NFL and by the league office\'s ability to generate revenue,\" Murphy said. \"It\'s impressive.\"
The revenue increase helped boost the Packers\' profit from operations from $60.1 million to $83.7 million year-over-year. Local revenue grew from $251.8 million to $286.4 million, aided by hosting nine regular-season home games under the expanded 17-game schedule.
The team\'s corporate reserve fund increased to $579 million from $536 million. Murphy emphasized the importance of building reserves since the Packers cannot accept private equity investments like other franchises.
\"We don\'t have a deep-pocketed wealthy owner, so that\'s one of the things we\'ve tried to do over the years is to build up the corporate reserve fund,\" Murphy explained.
The Packers maintain over 539,000 stockholders who own approximately 5.2 million shares, with ownership caps preventing any individual from controlling more than 200,000 shares. Murphy reported $675 million in facility investments during his tenure, including recently unveiled locker room renovations.