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Packers announce record profits

Updated: July 10, 2012, 7:18 PM ET
Associated Press

MILWAUKEE -- The Green Bay Packers announced Tuesday that they had a record year financially, driven in large part by their 13-0 start to a season in which they were the defending Super Bowl champion.

The Packers said they had $42.7 million in net income in 2011-12, an increase of 150 percent over the previous year. Total revenue was $302 million, up 6.9 percent, largely driven by enthusiasm over a season that included a 15-1 regular-season record, team president Mark Murphy said.

"It ...

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