Packers report significant financial gains tied to ESPN stake

Yahoo Sports • 1 min read • Latest: Jul 24, 2026, 11:30 PM

Last updated Jul 24, 2026

Packers report significant financial gains tied to ESPN stake
Summary

The Green Bay Packers announced a $133.6 million increase in non-operating income largely attributed to investment gains from a 10% equity stake in ESPN, acquired through the NFL's sale of media assets. This is a remarkable upswing from only $1.9 million in the previous year, according to team CFO Maureen Smith. Despite this gain, the team reported a rare loss in operating income for the first time since 1989, citing substantial player costs, including a major recent contract for linebacker Micah Parsons. The Packers anticipate future operations may remain challenged, reflecting broader trends in the NFL's financial as player salaries evolve and revenue streams fluctuate.

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By the Numbers
  • •Packers' non-operating income surged from $1.9 million to $133.6 million.
  • •Operating revenue was reported at $753 million, with expenses surpassing this figure.
  • •The significant gain is linked to the NFL's transaction with ESPN valued at $3 billion.
  • •This marks the first reported operating loss for the Packers since 1989.
  • •Future player contract pressures may influence NFL financial strategies ahead of labor negotiations.
Latest Updates
  • 11:30 PMYahoo Sports — Packers’ financials signal ESPN equity stake potentially a nine-figure boon for NFL teams
What they're saying
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This week, the sports media world gasped as layoffs hit high-profile names across ESPN, including at NFL Network and the show NFL Live. But while ESPN may be cost-cutting in the wake of its January 31 acquisition of NFL Network and RedZone, its counterparty is rolling in it. The NFL exchanged those two media assets…

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