The Green Bay Packers are set to release a report showing how they did financially last season, the Associated Press reports.
As the NFL's only public team, the Packers release an annual report every summer. This year's report comes out Tuesday afternoon. In the 2010-11 season the Packers finished on top, and it was reflected in their bottom line. They had $12 million in profit from operations that year, up $2.2 million from the previous year. The team finished last season with a 15-1 record. That paid off when the team held its fifth stock sale in team history. The Packers sold more than 268,000 shares, bringing in $67 million in six weeks.
Source: The Redzone
Attached Thumbnails
As the NFL's only public team, the Packers release an annual report every summer. This year's report comes out Tuesday afternoon. In the 2010-11 season the Packers finished on top, and it was reflected in their bottom line. They had $12 million in profit from operations that year, up $2.2 million from the previous year. The team finished last season with a 15-1 record. That paid off when the team held its fifth stock sale in team history. The Packers sold more than 268,000 shares, bringing in $67 million in six weeks.
Source: The Redzone
Attached Thumbnails
Original Story:
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July 11, 2012
