The Packers are currently in a solid financial position, but that status is increasingly threatened as the NFL’s accelerating growth curve potentially conflicts with the team’s unique, publicly held status.
Three days after the release of the Packers’ latest financial report, the team held its annual shareholder meeting Monday afternoon at Lambeau Field. There, franchise executives continued to lay out a daunting, long-term scenario: the other 31 NFL teams have access to additional resources such as private equity and minority stake sales that are incompatible with the Packers’ ownership structure.
“Other teams have access to this ATM machine that we just don’t have,” said Packers president and CEO Ed Policy. “It’s getting more expensive to run an NFL team. … Candidly, I think we have to be more aggressive in terms of revenue generation going forward.”
Despite posting a franchise-record $753 million in revenue for the fiscal year ended March 31, 2026, some signs of stress are already showing up on the Packers’ balance sheet. Due in part to accelerated player costs through acquisition such as defensive end Micah Parsons, the Packers posted a $1.1 million operating loss, its first non-pandemic year in the red since 1990.
