Anyone worried how all the bad press the NFL has gotten for its treatment of former players and worries about concussions would impact the league’s bottom line can stop worrying. It’s doing just fine.
According to financials released by the Green Bay Packers on Thursday afternoon, the NFL’s teams split more than $6 billion between them last season, which was a record amount. The NFL divides up that revenue evenly between its teams, and it was the first time the collective pool has topped the $6 billion mark.
The Packers’ received $187.7 million in national revenue, which mostly comes from the league’s television rights. The Packers’ total is 3.1 percent (or 1/32nd) of the total amount.
The league’s national revenue rose 4.3 percent last year, largely thanks to new agreements with the NFL Network and more revenue from Nike, the NFL’s official uniform provider. The amount of money teams have received from national revenue dollars have climbed significantly in the last decade. Factoring in inflation, the total pie has increased 56 percent since 2006.
The league’s insane revenue is due to make a significant jump next season, when new deals with its television partners will push its media revenue alone to an average of more than $5 billion a year. And that doesn’t include the league’s $1 billion per year contract with DirecTV, which is set to expire at the end of the 2014 season and is in the process of being re-negotiated.
The Packers are the league’s only publicly-held team, so they are required to release their revenue numbers every year.