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NFL Income Expense, Green Bay Packers, 1997-2003; www.joe.bowman.net, gleaned 11/25/04
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Years ended March 31, 2003
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OPERATING INCOME2003
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Ticket & Media Income
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Home games (net) 20,496,672
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Road games 10,770,023
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Television and radio 77,140,350
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TOTAL TICKET AND MEDIA INCOME108,407,045
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Other Operating Income
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Private box income 10,532,652
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NFL Properties income 4,701,637
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Expansion\revenue sharing income ****
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Marketing\Pro Shop (net) 21,695,463
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Other - Local Media, Concessions and parking (net)7,760,924
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TOTAL OTHER OPERATING INCOME44,690,676
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TOTAL OPERATING INCOME153,096,721
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OPERATING EXPENSES
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Player costs 77,636,463
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Game expenses 2,965,515
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General and administrative 47,241,582
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  Lambeau Redevelopment Costs2,054,794
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TOTAL OPERATING EXPENSES129,898,354
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PROFIT (LOSS) FROM OPERATIONS23,198,367
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OTHER INCOME (EXPENSE)
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Interest expense -531,677
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Interest and dividend income 2,233,472
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Gain on sale of assets -1,643,523
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Income Before *Expansion Revenue and Provision for Income Taxes
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Provision for Income Taxes7,737,000
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NET INCOME Before Expansion Revenue15,519,639
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Notes
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*Editors note: In fiscal 1999 reporting, the Green Bay Packers, inc. removed this line (Expansion\revenue sharing income) from the Statements of income and added the following footnote in it's place:
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In fiscal 1999, the club also received a one-time expansion fee from Cleveland of $16,788,696 or approximately $10,600,000 net of income taxes.
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**In fiscal 2000, the club received an expansion fee payment from Houston of $5,000,000 or approximately $3,100,000 net of income taxes.
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***In fiscal 2002 and 2001, the club received an expansion fee payment from Houston of $4,963,333 and $5,000,000 respectively, or approximately $3,263,333 and $3,100,000 respectively, net of income taxes.
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****In fiscal 2003 and 2002, the Club received an expansion fee payment from Houston of $5,000,000 and $4,963,333 respectively, or approximately $3,337,000 and $3,263,333, respectively, net of income taxes.
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