Packers post record revenue again in 2014
MILWAUKEE — The Green Bay Packers had another year of record revenues, yet income fell after making some high-priced player moves.
The NFL’s only publicly owned team said Thursday that revenue rose 5 percent to $324 million. Team president Mark Murphy credited the boost to another winning season that culminated with a third straight NFC North title, as well as increased revenue sharing across the league.
Total expenses increased nearly 18 percent to $298 million. The Packers still drew a net income of $25 million, but that was down 41 percent from last year.
At the end of their fiscal year, the Packers are required to release detailed financial data as a publicly owned team.
Murphy cited a $35 million spike in player costs to a record $171 million for much of the increase in expenses.
No players taken in supplemental draft
NEW YORK — None of the four eligible players were taken in the NFL’s supplemental draft Thursday.
League spokesman Michael Signora said in an email that all four players — New Mexico receiver Chase Clayton, North Carolina linebacker Darius Lipford, Virginia-Lynchburg defensive tackle Lakendrick Ross and SMU running back Traylon Shead — went undrafted and are now free agents.
The supplemental draft allows qualified underclassmen who did not request early entry into the regular draft to have a chance at entering the NFL. Teams submit picks and are awarded players if their bid — for which round they would take that player — is highest. Teams then lose the corresponding pick in next year’s draft.
The Associated Press