The Packers recently released their financial report and the news was stunning. In a league of giants, the little guy won.
According to the annual report, the Packers produced $200 million of revenue in 2004, an 11.7 percent increase from 2003. Expenses jumped from $149.9 million to $166.3 million, including $98 million in player costs. After taxes, the Packers, a publicly owned team with 111,000 shareholders, made $25.4 million.
In sports, front-office executives tend to grow silent ...
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