Packers post first loss since 1990, warn ownership limits

The Green Bay Packers, the NFL's only publicly owned franchise, reported an operating loss for the first time in a non-pandemic year since 1990, according to financial results released on Friday, July 24, 2026. Team president and CEO Ed Policy used the occasion to warn that the organization's unique structure is creating a growing competitive disadvantage as player costs soar and other teams gain access to private capital.

The Packers posted an operating loss of $1.1 million for the fiscal year ending in March 2026. Team revenue increased 4.7 percent to $753 million, but expenses surged 18.7 percent to $754.1 million. Policy attributed the rise primarily to a $130 million increase in player costs, driven by the acquisition of All-Pro edge rusher Micah Parsons and accelerated salary-cap charges from previous player transactions. Despite the operating loss, the team's overall net income rose 54.8 percent to $132.5 million, bolstered by $133.6 million in non-operating revenue that included gains from corporate investments and the team's share of proceeds from ESPN's purchase of NFL Network assets.

Policy emphasized that the Packers' long-term financial health is solid in the short...