Packers financials show that NFL made billions

[LesBaker]

Having players participate in the national anthem rather than staying in the locker room during that was a huge mistake.

NFL greed. Yes, that's right, NFL greed.

The military, in various forms including National Guard, pays the NFL (starting in 2009 I think) to have displays of patriotism. It's part of their recruiting budget.

The NFL wanted to "up it's image" and be seen as patriotic and the greed blew up in their face.

You can read about how much they have spend from their recruiting budgets by Googling it.

If more people knew about this they would be unhappy with the NFL about it, most people think the NFL does those pre-game displays as a patriotic thing they are doing........they don't know they only do it to cash checks.

The Dept of Defense does this with every pro sports league in the USA.

 

[Akrasian]

I wouldn't get too excited about the $34 million figure.

First, they acknowledge it fluctuates based on things like bonuses paid (give somebody $20 million for a signing bonus and that hits the profits that year, but is amortized over 5 years for cap purposes). More importantly, that figure was significantly affected by capital expenses for the Titletown district. I couldn't find exact figures, but I've seen estimates as high as $65 million - not sure if that was over multiple years. In addition, their charity foundation got a $5 million endowment this year. As a non-profit, that did reduce their operating profit.

FWIW, they officially made $75 million the year before after expenses.

 

[Angry Ram]

When does the season start again?

 

[jrry32]

That's somewhat deceptive since most of their money comes from TV contracts that were signed well in advance of the anthem controversy. To see how that affected things, you'd have to look at what the networks were able to charge for ads in the wake of declining ratings. If the networks were able to maintain ad rates through the controversy, then it probably didn't have much affect. If they weren't ... well, that might be something when the next round of negotiations come up.

Local revenue for the Packers also increased. The national TV contracts wouldn't be included in that.

 

[thirteen28]

Local revenue for the Packers also increased. The national TV contracts wouldn't be included in that.

That's true, but we don't know if that can be extended to all 31 other teams.

 

[jrry32]

That's true, but we don't know if that can be extended to all 31 other teams.

That's also true, but I doubt the Packers would be an outlier.

 

[thirteen28]

That's also true, but I doubt the Packers would be an outlier.

I wouldn't be surprised if they did a little better locally than a lot of teams, given their long, historical connection with their local fanbase. Certainly better than, say, San Francisco, who had a shinola-load of empty seats in their stadiums last year.

If not an outlier, the Packers are probably on the right hand side of the bell curve on this one.

 

[jrry32]

I wouldn't be surprised if they did a little better locally than a lot of teams, given their long, historical connection with their local fanbase. Certainly better than, say, San Francisco, who had a shinola-load of empty seats in their stadiums last year.

If not an outlier, the Packers are probably on the right hand side of the bell curve on this one.

Okay, but we're not talking about revenue. We're talking about an increase in revenue from last year. That's despite the fact that the Packers played much of the year without Rodgers.

 

[LesBaker]

Okay, but we're not talking about revenue. We're talking about an increase in revenue from last year. That's despite the fact that the Packers played much of the year without Rodgers.

As if that would keep GB fans away..........never.

 

[jrry32]

As if that would keep GB fans away..........never.

Same with the anthem. I expect that's true of any real fan.

 

[Karate61]

$34 million pure profit. Over 10 years, that's $340 million. Hmmm, not to bad!

 

[Corbin]

NFL greed. Yes, that's right, NFL greed.

The military, in various forms including National Guard, pays the NFL (starting in 2009 I think) to have displays of patriotism. It's part of their recruiting budget.

The NFL wanted to "up it's image" and be seen as patriotic and the greed blew up in their face.

You can read about how much they have spend from their recruiting budgets by Googling it.

If more people knew about this they would be unhappy with the NFL about it, most people think the NFL does those pre-game displays as a patriotic thing they are doing........they don't know they only do it to cash checks.

The Dept of Defense does this with every pro sports league in the USA.

Why is it nfl greed? It’s wrong to advertise for someone who pays you?

 

[…..]

also relevant to me is this..

This author just found a way to get you guys juiced up again over the National Anthem issue by adding it as a byline to the main story.

Guppies !!! Hahaha:neener:

 

[LesBaker]

Why is it nfl greed? It’s wrong to advertise for someone who pays you?

They will sell anything, even the country's National Anthem. They get to "look patriotic" and talk about "supporting the troops" and "honoring soldiers". So for the NFL it's more than advertising, they are trying to enhance their image because of the huge public support for the military. It's cheesy and deceptive.

It is all bullshit, they do it because they get paid millions of dollars. And until the Dept. of Defense approached them with a pile of cash they never did anything like this.

If people complain about players kneeling I would think as many or more would complain about the National Anthem, patriotism and support of troops being pimped out for money.

 

[Corbin]

They will sell anything, even the country's National Anthem. They get to "look patriotic" and talk about "supporting the troops" and "honoring soldiers". So for the NFL it's more than advertising, they are trying to enhance their image because of the huge public support for the military. It's cheesy and deceptive.

It is all bullcrap, they do it because they get paid millions of dollars. And until the Dept. of Defense approached them with a pile of cash they never did anything like this.

If people complain about players kneeling I would think as many or more would complain about the National Anthem, patriotism and support of troops being pimped out for money.

Its not cheesy or deceptive they get paid to advertise and they do it.

Its not more complicated than that.

 

[LesBaker]

Its not cheesy or deceptive they get paid to advertise and they do it.

Its not more complicated than that.

IMO it is both of those things. We don't have to agree on this, but most people that know they are doing it for money are a bit put out.

 

[kurtfaulk]

also relevant to me is this..

This author just found a way to get you guys juiced up again over the National Anthem issue by adding it as a byline to the main story.

Guppies !!! Hahaha:neener:

to tell you the truth i didn't read the article, just the headline. and the anthem was a major part of it.

.

 

[VegasRam]

Its not cheesy or deceptive they get paid to advertise and they do it.

Its not more complicated than that.

"The United States Department of Defense paid the National Football League $5.4 million between 2011 and 2014".

Figuring 280 games a year with playoffs x 4 years = 1120 games.

$5,400,000 / 1,120 = approximately $5,000 per game. 2 minutes of air time is $1,250 per 30 seconds.

Average NFL commercials cost $500,000 per 30 second spot.
I seriously doubt the NFL covered their costs, let alone made money off these.

Those greedy NFL fucks - off with their heads!

 

[LesBaker]

"The United States Department of Defense paid the National Football League $5.4 million between 2011 and 2014".

Figuring 280 games a year with playoffs x 4 years = 1120 games.

$5,400,000 / 1,120 = approximately $5,000 per game. 2 minutes of air time is $1,250 per 30 seconds.

Average NFL commercials cost $500,000 per 30 second spot.
I seriously doubt the NFL covered their costs, let alone made money off these.

Those greedy NFL fucks - off with their heads!

Except that money isn't split among all teams.........or divided by games. And they don't do these things at every game.

It's paid as a series of one-offs.

If you dig a little bit more that the first line of a web search you'll see that, and that it isn't just the NFL.

 

[VegasRam]

Except that money isn't split among all teams.........or divided by games. And they don't do these things at every game.

It's paid as a series of one-offs.

If you dig a little bit more that the first line of a web search you'll see that, and that it isn't just the NFL.

Since you dug so deep Sherlock -give me the numbers.