The Green Bay Packers' 2019 fiscal-year financials have been reported.
According to a report by Bill Huber, the team reported a net income of $8.4 million but just $724,000 in profit this past year, a stark change from the past several years that have turned up profit of no less than $25 million (2014).
Expenses were the reason for the drastic drop, having increased by over $56 million. Those include player contracts, coaching staff salaries that still include Mike McCarthy's staff who were under contract through 2019, the NFL's concussion settlement and expenses relating to the team's 100-year celebration.