The Green Bay Packers' profit fell by nearly 50 percent in the last fiscal year as the team missed the playoffs for the first time in a decade.
President and CEO Mark Murphy said the outlook for the Packers remains strong as the NFL's only publicly owned team released its 2018 financial statement on Monday. The Packers announced a profit from operations of $34.1 million Authentic Billy Price Jersey , a steep decline from $65.4 million a year earlier. Expenses soared 11.9 percent, from $376.1 million to $420.9 million, a byproduct of player salaries, coaching changes and travel costs. Revenue increased just 3.1 percent from $441.4 million to $454.9 million.
"The NFL continues to be very popular nationally," Murphy said. "There's been a lot talked about with ratings that have gone down, but, really, relative to ratings overall, the league remains very strong. The fan interest and support remain strong for both the league and us. Our strong, stable financial position has allowed us to invest in the team through contracts for players and coaches, our facility, the stadium Giants Saquon Barkley Jersey , the fan experience and community, and making sure the franchise stays strong for the future."
Revenue from national sources rose by 4.9 percent, due to built-in increases in the national TV package. Local revenue grew by a scant 0.8 percent. A 7-9 record - the team's first losing season since 2008 - hurt the bottom line.
"This is the first year since 2008 that we were not in the playoffs, and I think that had an impact on us," Murphy said. "We didn't have a home playoff game and some of our visitation numbers were down a little bit. We don't see that as a negative trend."
The Packers made several big changes during the offseason. Murphy picked Brian Gutekunst to replace longtime general manager Ted Thompson, and coach Mike McCarthy replaced defensive coordinator Dom Capers with Mike Pettine and offensive coordinator Edgar Bennett with Joe Philbin.
Plus, quarterback Aaron Rodgers will be back after missing half of last season with a broken collarbone. Murphy said he senses a renewed level of enthusiasm from fans, with the team kicking off its 100th season with the start of training camp on July 26.
"Certainly, having Aaron healthy is a part of that, but I think some of the changes we've made coaching staff as well as the draft and players we've added, I think people are excited for the season," Murphy said. "You add on top of that the 100 seasons Da'Ron Payne Youth Jersey , it should, knock on wood, be a good year."
Rodgers, who is under contract through the 2019 season, told NBC Sports over the weekend there is "some merit" in working out a "nontraditional contractual agreement." Murphy wouldn't get into specifics but said: "Obviously, he's an important player. He wants to be here and want him to be here. When both sides have a common interest, you get deals done."
In May, league owners agreed to a policy that requires players to stand if they are on the field for the national anthem but allows them to stay in the locker room if they prefer. The NFL Players Association last week filed a grievance against the league for imposing a policy that is "inconsistent" with the collective bargaining agreement and "infringes" on player rights. Murphy said he was hopeful of a resolution.
"I've had a lot of conversations with our players," he said. "We really want to put the focus on the underlying issues and we realize our players are patriotic, they don't disrespect the flag, they don't disrespect the country. We're really looking at the underlying issues of racial discrimination, police brutality. We've had discussions with players about putting resources toward some of the causes."
Murphy said he also hopes the CBA Calvin Ridley Color Rush Jersey , which will expire after the 2020 season, can be extended. He said the NFL doesn't have the guaranteed money seen in NBA contracts, though "over the last 10 years or so, a higher percentage of the players' money is guaranteed."
"To me, the best thing about our collective bargaining agreement is the rookie pay is under control. We've got a system in place that I think is working well. More of the money is going to the veterans, who deserve it and have earned it. There were times under the old agreement that the highest paid players in the league were rookies at their positions, which was crazy."
Lucas Giolito was rolling, feeling as comfortable as he has all season. It was just what the White Sox needed.
Giolito pitched into the eighth inning before Xavier Cedeno worked out of a jam, and Chicago snapped an eight-game losing streak by beating the Oakland Athletics 6-4 Friday night to salvage a doubleheader split.
The White Sox bounced back after getting pounded 11-2 behind a pair of three-run homers by Franklin Barreto. They stopped their worst skid since a nine-game rut last July and ended Oakland’s season-high win streak at five.
”Definitely the best I felt out there this year, for sure,” Giolito said. ”I think velocity was up a tick. Just felt right, felt in sync and just competed from there.”
Chicago was sailing along with a 5-2 lead when Giolito gave up back-to-back singles to Dustin Fowler and Marcus Semien to start the eighth. Jace Fry came in and walked pinch-hitter Stephen Piscotty to load the bases before Chris Volstad gave up a two-run single to Khris Davis Authentic Mike McGlinchey Jersey , cutting it to 5-4.
Cedeno then got Matt Olson to line to shortstop Tim Anderson and struck out Mark Canha before Chad Pinder grounded into a force.
”We just came up one at-bat short in terms of at least tying the game that inning,” Oakland manager Bob Melvin said.
Anderson led off the bottom half with his 12th homer to make it a two-run game. Omar Narvaez chipped in with three hits and two RBIs for Chicago. Adam Engel hit a two-run single and played a sparkling center field. He made a diving catch on Pinder’s liner in the second and fired a strike to nail Pinder trying to take third on Barreto’s fly in the seventh.
Joakim Soria retired all three batters in the ninth for his 11th save in 13 opportunities.
Giolito (5-7) allowed four runs and seven hits in a rare home win. The 23-year-old right-hander struck out eight and walked two after going 1-4 with an 11.05 ERA in his first seven starts at Guaranteed Rate Field.
”A lot more conviction in his pitches,” manager Rick Renteria said.
Olson went deep for Oakland, giving the Athletics home runs in 23 consecutive road games – one shy of the modern day record set by Baltimore in 1996. But Chris Bassitt (0-3) got tagged for five runs and six hits in 5 1/3 innings.
Barreto’s big performance in the opener came after he hit a three-run drive in Wednesday’s romp at San Diego.
He connected against James Shields to cap a four-run second inning and off Luis Avilan in the eighth . Barreto’s first career multihomer game gave him a personal-best six RBIs.
It was quite a display for a player who had just two home runs prior to this run. Both came against the White Sox in 2017, including a drive against Shields (2-9) at Guaranteed Rate Field in his first major league game.
”We all know he’s got that in him,” Melvin said. ”It’s just about getting him some consistent at-bats. When he’s swinging the bat well, he’s definitely capable of doing that.”
Sean Manaea (7-6) went seven innings, allowing one run and five hits. The 26-year-old left-hander struck out seven without a walk in winning his second straight start.
Shields has dropped back-to-back outings after beating Cleveland for his first victory since opening day. The right-hander gave up eight runs – two earned – and five hits in 4 2/3 innings.
Athletics: The Athletics activated LF Matt Joyce (strained lower back) from the 10-day disabled list and optioned OF Jake Smolinski to Triple-A Nashville. Joyce started the second game after being held out of the opener. … 3B Matt Chapman (bruised right thumb) received a cortisone injection Tuesday. Manager Bob Melvin said the earliest he will be activated is Monday, when the Athletics open a four-game series at Detroit. … Melvin also expects LHP Ryan Buchter (strained left shoulder) to be activated during the Detroit series. … LHP Brett Anderson (strained left shoulder) is scheduled to throw about four innings and 60 pitches in a rehab outing for Triple-A Nashville on Saturday.
White Sox: The White Sox activated RF Avisail Garcia (strained right hamstring) and LF Leury Garcia (sprained left knee). Both players started Game 1 but were not in the lineup for the nightcap.
Athletics: RHP Daniel Mengden (6-6, 4.06 ERA) looks to break out of a slump after going 0-2 with a 10.05 ERA in his first three starts this month.
White Sox: RHP Dylan Covey (3-2, 2.90) will try to rebound from a loss at Cleveland on Monday.