Green Bay Packers report massive $77.7 millon profit from 2021 season

Only one team in the NFL is required to publicly report their financials at the end of every year — the Green Bay Packers. On Friday, they announced a profit of $77.7 million after having a total revenue of $579 million.

According to President/CEO Mark Murphy, the financial success was due to the franchise being able to move on from the pandemic. Everything involving the Packers returned to normal for the 2021 season, including having fans back at Lambeau Stadium.

“That was the real story there was the return to normalcy and the return of the fans,” Murphy said. “By and large we have moved beyond any financial effects from the pandemic.”

National revenue from television deals helped as well, with every team in the NFL getting a larger cut of the pie. Green Bay was no different, especially as the team enjoyed a fantastic season on the field, winning the NFC North.

A recent round of stock sales produced nearly $65 million for Green Bay. However, those were not included in the $579 million reported. Instead, that will go to improving the stadium and making Lambeu Field the best experience it can be.

Green Bay Packers come to terms with second-round pick

Green Bay Packers have finally come to terms with their second-round pick in the 2022 NFL Draft, wide receiver Christian Watson. According to ESPN football analyst Field Yates, the Packers have signed Watson to his four-year rookie contract on Wednesday. The contract figures have yet to be announced. However, it is widely believed that the former North Dakota State star will receive just north of $9 million per season; with a $1 million signing bonus.

Heading into Wednesday, Watson was the only remaining unsigned draft pick of the Packers out of the 11 selections they made back in April. Green Bay quickly came to terms with their first-round picks out of Georgia, linebacker Quay Walker and defensive lineman Devonte Wyatt, early in the month of May.

With the Packers coming to terms with Watson, it helps clear the minds of team officials and fans alike as the team heads into training camp. Green Bay rookies are expected to arrive for the start of training camp on Friday. Had the two failed to reach an agreement, Watson would not have been able to participate in camp and thus severely limited his ability to develop an on-the-field relationship with star quarterback Aaron Rodgers.

On3’s Justin Rudolph contributed to this report