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Big contracts led to big expenses & small profits for Packers in 2018-19 fiscal year

Each July, the Green Bay Packers release their financial report for the prior fiscal year, which runs from July to June, and the report for the 2018-19 year showed an unusual situation for the franchise. The Green Bay Press-Gazette has broken down the details, which show that the Packers only had about $724,000 in profits in the last year. This was a significant drop from the year before, when the team took in $34 million more than it paid out.

However, as the Press-Gazette and team president Mark Murphy both noted, there were some particularly uncommon expenses that contributed to the profit number.