Pandemic Causes Packers’ Revenues To Plummet By Nearly 27 Percent

Playing home games without spectators because of the pandemic caused the Green Bay Packers’ operating revenues to drop nearly 27 percent during the most recent fiscal year.

The Packers reported $409.8 million in expenses and $371.1 million in revenues. That’s the first time since 2000 the team spent more money than it brought in.

The team had a record $506.9 million in revenue a year earlier.

Green Bay did not have paying spectators at Lambeau Field until the playoffs, when it had a limited crowd at two games. With full crowds expected this season, the Packers expect revenue to return to pre-pandemic levels.