On Now
Coming Up
  • Sun., Nov. 23, 2014 12:00 PM - 3:00 PM CST Packers at Minnesota Vikings Packers at Minnesota Vikings
  • Mon., Nov. 24, 2014 6:00 PM - 7:00 PM CST Linsley, Bush, Barrington appearance Packers Corey Linsley, Jarrett Bush and Sam Barrington are scheduled to appear at the Big Red Kettle at Bay Park Square Mall on behalf of the Salvation Army bell-ringing campaign.
  • Mon., Nov. 24, 2014 6:30 PM - 8:00 PM CST American Red Cross "Celebrity Bartender" Players tentatively scheduled to attend: Davante Adams, Brandon Bostick, Letroy Guion, Andrew Quarless and Richard Rodgers
  • Sat., Nov. 29, 2014 2:30 PM - 4:00 PM CST Alumni Appearance (Beebe, Harris) Don Beebe and Bernardo Harris are scheduled to appear at the Packers Pro Shop on Saturday, Novemeber 29th, from 2:30-4 p.m.
  • Sun., Nov. 30, 2014 11:25 AM - 3:25 PM CST Toys for Tots Collection The U.S. Marine Corps will be collecting new, unwrapped toys for distribution to needy children in the area.  Cash donations will be accepted as well.  The collection will take place in the parking lot and at each of Lambeau Field’s gates.
  • Sun., Nov. 30, 2014 1:45 PM - 2:45 PM CST Alumni Appearance (Beebe, Harris)

    TTZ: Don Beebe
    Club Level: Bernardo Harris


News

Print
RSS

NFL looking good; Packers get extra draft picks

Posted Mar 24, 2014

League to Mark Cuban: Revenue continuing to grow

Vikings WR Greg Jennings

ORLANDO—As the opening day of the NFL’s “Annual Meeting” began, team owners and executives left the meeting room with smiles on their faces, which could only mean one thing: a favorable financial report.

Meanwhile, back in Green Bay, Packers General Manager Ted Thompson had to be pleased by the late-day news that the Packers would receive third- and fifth-round compensatory draft picks as a result of having lost Greg Jennings and Erik Walden in free agency in 2013. Thompson isn’t attending this week’s “Annual Meeting” due to a personal matter. He continues to work on the upcoming draft.

Packers President and CEO Mark Murphy described the financial report the league presented on Monday as including a “pretty significant increase (in revenue) because of the new TV deals kicking in, as well as the Thursday night package. Financially, we’re in really good shape,” Murphy told reporters following the first volley of meetings at the Ritz-Carlton Hotel.

In a brief press conference to end the day, NFL Commissioner Roger Goodell spoke of making good on his promise to players that the Collective Bargaining Agreement to which owners and players agreed in 2011 would allow the league to pursue long-term media deals that would drive revenue higher.

“You’re seeing increases in revenue and you’re going to see increases in the salary cap as a result of that, and that’s a positive thing,” Goodell said.

Goodell’s comments followed recent remarks by NBA team owner Mark Cuban, predicting doom for the NFL as a result of over-exposing itself. If Cuban is to be proven prophetic, it apparently won’t be any time soon.

“I would say we have to be cautious,” Murphy said in response to Cuban’s remarks. “We’re obviously in a very strong position now. The growth has been well thought out.”

NFL Network is one of the NFL’s major vehicles for growth. After a shaky start that made NFL Network more of a money pit than a money maker, the network is becoming an increasingly more major player in televising of NFL games and events. Next season, CBS will combine with NFL Network to help deepen the Thursday night package, which is beginning to rival Monday Night Football in fan appeal. In all, 16 “Thursday Night Football” games will be televised, with CBS helping deliver games to viewers NFL Network doesn’t service.

The NFL also announced the adoption of two fan-friendly initiatives: a pay-as-you-play policy for postseason games and a variable-pricing concept that will be most welcome by fans in the preseason. Murphy said the pay-as-you-play policy will be immediately adopted for the 2014 postseason; fans will not be charged for postseason tickets until the team is in the playoffs and the game is scheduled.

As for variable pricing for the preseason, Murphy said: “We have not made a change but we’re looking at it for future years.”

What is the No. 1 issue confronting the league as its owners meet this week?

“I still think the really big issue is health and safety,” Murphy said, especially as it pertains to “the drop off in participation in youth football.

“The popularity of the league has remained very strong. With the new TV deals kicking in, revenue should grow over the next 8-10 years,” Murphy said.

More from NFL Annual Meeting:

 
blog comments powered by Disqus

You May Also Be Interested in...

Recent Videos

  • Final Thoughts: Packers at Vikings

    (3:50) Posted 12 hours ago

    Packers.com's Vic Ketchman and Mike Spofford preview the Green Bay Packers' Sunday matchup against the Minnesota Vikings. Vic and Mike talk about what's at stake, players to watch, and ways the Packers can win.

  • Playbook: Green Bay Packers vs. Minnesota Vikings

    (3:52) Posted 13 hours ago

    The "Playbook Primetime" crew previews the Green Bay Packers' Week 12 matchup against the Minnesota Vikings.

  • Trailer: Packers at Vikings

    (2:22) Posted Nov 21, 2014

    The Green Bay Packers travel to TCF Bank Stadium to meet conference-foe Minnesota Vikings in Week 12, after scoring 53-plus points in back-to-back games at Lambeau Field.