Socialist football team turns profit - but less than last year

[underpants]

Pack's profit drops 98% due to losing, big deals

GREEN BAY, Wis. -- The Green Bay Packers reported a profit of just $724,000 in their latest fiscal year, which included their second consecutive season without a playoff appearance, a large contract extension for quarterback Aaron Rodgers and a change in head coach from Mike McCarthy to Matt LaFleur.

Green Bay's profit in the year ending March 31 was down 97.9% from $34.1 million in the year ending March 2018 and down more than 99% from the record $75 million in the previous fiscal year.

"From a financial standpoint, it was a unique year for the Packers," team president Mark Murphy said Friday.

Expenses rose from $420.9 million to $477.2 million, boosted by Rodgers' $134 million, four-year deal and contracts for several free agents: outside linebackers Za'Darius Smith and Preston Smith, safety Adrian Amos and guard Billy Turner.

While overall revenue increased 5.1% to $477.9 million, local revenue improved by only 2.3%, hurt by consecutive losing seasons that affected pro shop visits and tours of Lambeau Field and the Packers Hall of Fame.

https://www.espn.com/nfl/story/_/id/27177743/pack-profit-drops-98-due-losing-big-deals

[malaise]

1. Packers and Barcelona FC are my two

favorite non-Caribbean teams because I love their approach to ownership

[underpants]

3. Barca is owned by the city?

Or collectively?

Interesting

[brewens]

2. I've wanted to see moves to give us more teams like that. Maybe some regulation

that requires and team up for sale or wishing to move be offered to the municipality at a fair market price. I'd hope that would stop owners from blackmailing cities and counties into building new stadiums for them. If you want to remain an NFL owner, stay put and build your own damn stadium if you need one! If they are seriously done running the team in a particular town, let the taxpayers decide. If they can't approve the purchase, then the owner can go and do what he wants.

[underpants]

4. It will never come to pass but that's a great idea

Look owner George an NFL franchise or a beer distributor is like printing money. It's next to impossible to not make tons of money. Cities could really rake it in and cover services.

Like I said it won't happen unless it's written into the contract.

[brewens]

5. I forgot one part. Team names, logo's and all that, stay with the city they originated

in. It's silly to move some of the team names with the franchises anyway. I'd bet Arizona fans would have preferred to rename the Cardinals. Same with the Colts. Did it really make sense for Indianapolis to keep that name? After a couple years it's not the same team, so why did Baltimore end up being the Ravens?