Green Bay Packs in the Profits

The Green Bay Packers’ profits from operations rose 39.3% for the 2025 fiscal year, thanks largely to the record $432.6 million it received in national revenue from the NFL.

July 24, 2025

Packers’ Profits From Operations Rise 39.3% As They Get $432.6 Million From NFL in National Revenue
AP News’ Steve Megargee writes, “The Green Bay Packers’ profits from operations rose 39.3% for the 2025 fiscal year, thanks largely to the record $432.6 million it received in national revenue from the NFL. The NFL’s only publicly owned franchise revealed its expenses and revenues Wednesday, the same day the Packers opened training camp for the 2025 season.

“Each of the NFL’s 32 teams received $432.6 million from the NFL, which mainly comes from the league’s TV contracts.”

“I continue to be amazed by the popularity of the NFL and the league office’s ability to generate revenue,” outgoing Packers president/CEO Mark Murphy said.
^{AP News}

NFLer Bobby Wagner Joins Storm Ownership Group
SBJ’s Tom Friend writes, “Commanders LB Bobby Wagner has emerged as one of three recent partners investing in the WNBA’s Storm, after the franchise officially announced Wednesday that the former Seahawk has joined its ownership group.

“In June, reports had the Storm’s LLC, Force 10 Hoops, selling approximately $1.5% of the team to three undisclosed investors at a valuation of $325M. It turns out that Wagner, who spent a decade with the Seahawks, was part of that transaction, facilitated by Whitecap Sports Group. The other two buyers remain unnamed.”
^{Sports Business Journal}

MLS, SUM Tout Double-Digit Sponsorship Revenue Growth in 2025
MLS says sponsorship revenue for both the league and the properties represented by its commercial arm, Soccer United Marketing, is up by a double-digit percentage year over year. The lift comes as MLS and other soccer properties seek to sell brands on the potential impact that next summer’s FIFA World Cup will have on the popularity of soccer in North America.
^{Sports Business Journal}

Danny Parkins Joins Expanded ‘First Things First’ As FS1 Completes Transition
FOS’ Ryan Glasspiegel writes, “Fox Sports 1’s transition plans are set. Danny Parkins is joining First Things First as a daily presence and the show is expanding to three hours, sources told Front Office Sports. Parkins joins Nick Wright, Chris Broussard, and Kevin Wildes as fixtures on the program, and Eric Mangini and Greg Jennings will also remain regular contributors. First Things First will now air from 3:00 pm through 6:00 pm ET, and Parkins’s role will be on the new third hour.”
^{Front Office Sports}

NASCAR Will Hold First Street Race on Active Military Base at Naval Base Coronado in 2026
AP News’ Jenna Fryer reports: “The move to the San Diego area does not eliminate a return to Chicago, where NASCAR will still maintain an office and effort an eventual return, perhaps as early as 2027. But the shift next year will allow NASCAR to celebrate the 250th anniversary of the U.S. Navy by hosting all three of its national series over a three-day weekend on June 19-21.”
^{AP News}

Report: UFL to Relocate Four Teams Ahead of 2026 Season
Four UFL teams “will be relocated” for the 2026 season, “knocking out the entire USFL conference,” according to James Larsen of PFNEWSROOM.com via SBJ. There are “major moves being made” in the markets of Birmingham, Michigan, Houston and Memphis for relocation, with the plan to “put teams in Florida (Orlando/Tampa Bay), Boise (Idaho), Columbus (Ohio), and Kentucky (Louisville/Lexington).”
^{PF NewsRoom via Sports Business Journal}

Boston Asks Kraft Group for More Mitigation to Offset Impact of Everett Soccer Stadium
Boston Mayor Michelle Wu’s administration is “pushing for more mitigation to offset the impacts of the Kraft Group’s proposed soccer stadium” in Everett, as the two sides “prepare for a mediator to participate in their negotiations,” according to Jon Chesto of the BOSTON GLOBE via SBJ. Wu’s Chief of Planning Kairos Shen sent a letter to Revolution President Brian Bilello on Monday “outlining the many issues, including traffic and environmental concerns, that Wu and her team want to see addressed by the Krafts.”
^{Boston Globe via Sports Business Journal}

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NIL Promises Made to Recruits, Now Coaches Wait for Key Decision to Learn Whether They Can Keep Them
AP News’ Eddie Pells writes, “Next week, college football coaches can put the recruiting promises they have made to high school seniors on paper. Then the question becomes whether they can keep them. Uncertainty over a key element of the $2.8 billion NCAA antitrust settlement that is reshaping college sports has placed recruiters on a tightrope.

They need clarity about whether the third-party collectives that were closely affiliated with their schools and that ruled name, image, likeness payments over the first four years of the NIL era can be used to exceed the $20.5 million annual cap on what each school can now pay players directly. Or, whether those collectives will simply become a cog in the new system.”
^{AP News}

Several ACC Teams Have Turned to the Transfer Portal for High-Level QBs in 2025
AP News’ Steve Reed writes, “In all, eight of the top 25 quarterbacks in 247Sports’ transfer-portal rankings landed in the Atlantic Coast Conference. By comparison, the Southeastern Conference has six of those top-level transfer QBs, while the Big Ten has four and the Big 12 three. It’s why the ACC has spent this week touting itself as the “conference of quarterbacks” while pointing to being the only league with at least one QB drafted in the first round of six different drafts since 2018.”
^{AP News}

Florida State is Coming Off a Brutal Year. Coach Mike Norvell is Moving Forward With Exuberance
AP News’ Aaron Beard and Steve Reed write, “The Seminoles went from winning the 2023 ACC title that marked the program’s first in nine years to becoming a preseason league favorite that finished last — the league’s first-ever 17th-place finisher due to expansion — in a two-win season. Things got so bad that Norvell had to fire both his coordinators before the end of the season.

“That led to changes that include hiring former Auburn and UCF head coach Gus Malzahn to run the offense. FSU also hired Tony White from Nebraska as defensive coordinator.”
^{AP News}

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