Forbes has released the annual list of the most valuable sports teams and the Green Bay Packers are No. 18 on that list.
The franchise is valued at $1.161 billion.
The top three franchises on the list are soccer clubs — Real Madrid, Manchester United and Barcelona. Then the usual suspects — the New York Yankees and Dallas Cowboys — check in. The other football franchises ahead of the Packers are the Patriots, Redskins, Giants, Texans, Jets, Eagles, Bears and 49ers.
The Bears are at No. 16 and worth $1.19 billion.
So, what does this mean? Well, Packers president Mark Murphy has done a real good job of sucking every last dollar out of the team’s fans.
While the Packers have very reasonable ticket prices when compared to other NFL franchises, they did just add those 6,700 new seats. People had to pay seat licenses for those in addition to season ticket fees. Then there was that stock sale brought in $67 million.
And obviously, the team is saving money on paper and printing costs.
So, way to go Murph!
Yea, The Texans? thats very surprising. Good team but so young
Im surprised MM and TT haven’t set up a “Donation Box” to bring in even more money.
Do the packers offer payroll deduction so I can send my money straight to them?
I am surprised no Minnesota trolls have come on here to cry what a screw job it is that they aren’t higher on the list. Or better yet, brag how, once their new Hollywood Glass Dome is done, they will, by far, be the most valuable franchise in all the world. Even more valuable than McDonalds.
at least all of the $$$$$$ the Packers get goes back into the team, and not into some rich dude’s pocket.
This story is yet further evidence as to the greatness that epitomizes the Green Bay Packers. That team all of us loves rests in a small mid West. There should not be anythng close to an NFL team there, but there is, because of the tradition, history, and legacy of Green Bay Packer football.
That translates into legions of us fans buying into the team to express our love and devotiion. Consider that our Packers exist in what is naturaly a small market, coupled with the fact that, unlike every other team on this team, the raison d’etre of this team is not to make its owner even richer, but simply to exist, contend and win. When assessed under these considerations, the Packers would move even further up in that a much higher percentage of our teams revenue is devoted to the team’s actual purpose.
This is why, for example, I will only buy from the Pro Shop when I can help it. I have no interest in lining the pockets of Robert Kraft or–god forbid–Zygi Wilf.
For me this is just further proof as to the innate superiority of our Packers, as well as the intrinisic purity that defines this team.
Funny, the Packers can’t seem to pay for anything….where’s all of that money really go I wonder?
Revenue, profit and value are 3 different things.
Can’t pay for anything? Are they not on the precipice of completing a 2-year stadium renovation? A renovation that includes an additional 6000 seats and the 2nd largest jumbotron in professional football, as well as a multiplicity of various accoutrements. If that is nothing of value to you then you’re either delusional or on Forbes top 500 wealthiest list.
In reality the Packers are the most valuable franchise because they can’t be bought. All the other teams on the list can.