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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 Denzel Ward Jersey Youth , 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, 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 Dak Prescott Jersey Womens , 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, it should, knock on wood, be a good year.”

RODGERS WATCH

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.”

PLAYER PROTESTS

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.”

NEXT CBA

Murphy said he also hopes the CBA, which will expire after the 2020 season, can be extended. He said the NFL doesn’t have the guaranteed money seen in NBA contracts Adidas Derick Brassard Jersey , 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.”

鈥?Fresh off their first Super Bowl title, the Philadelphia Eagles arrived home to a hero’s welcome Monday afternoon, hours after overjoyed fans mobbed the streets in a sometimes unruly victory celebration nearly 60 years in the making.Hundreds of fans greeted the team’s plane at Philadelphia International Airport, cheering wildly and singing “Fly Eagles Fly” as Eagles owner Jeffrey Lurie emerged with the Lombardi Trophy.After getting off the plane, Lurie, Coach Doug Pederson and stars like tight end Zach Ertz and running back LeGarrette Blount approached the chain-link fence separating the team from the fans, smiling, pumping their arms and shooting video with their phones. Fans stood on cars and news trucks to catch a glimpse.“It’s been a long journey to redemption,” said John Hall, 49, who works at Philadelphia’s public transit agency. “We don’t have to hear the negative anymore, that we don’t have a ring. It’s official now.”Dan Mazzoli, 53, a disabled construction worker and die-hard fan from New Jersey, shared the moment with his 12-year-old son and 11-year-old daughter.“We’ve been waiting for this all our lives Denzel Ward Browns Jersey ,” he said.Super Bowl MVP Nick Foles, the unassuming backup quarterback who took over for injured star Carson Wentz and played brilliantly throughout the playoffs, wasn’t on the team plane. Foles headed 鈥?where else? 鈥?to Disney World, riding a float at the Orlando resort and fist-bumping Mickey Mouse amid a shower of green confetti.“It’s all right to yell,” he told the cheering crowd. “We’re world champs! We did it! We did it!”The underdog Eagles won their first NFL championship since 1960 on Sunday night with a surprise 41-33 victory over the New England Patriots, ending a drought that had long tormented the city’s football-crazed fans. Philly was the only team in the Northeast Corridor to have never won a Super Bowl.The city scheduled a victory parade for Thursday along a 5-mile route that will stretch from the Eagles stadium complex to the steps of the Philadelphia art museum, whose steps Sylvester Stallone ran up during “Rocky.” It’s a fitting ending point for a team that Stallone had cheered on throughout the playoffs.Revelers along the parade route will be able to indulge in free Bud Light at two dozen bars, thanks to a promise the beer maker made to Eagles offensive tackle Lane Johnson before the season.Philly had some cleaning up to do Monday after pockets of Eagles fans turned unruly overnight, with rowdies smashing department store windows, looting a gas station convenience store and toppling a number of the city’s famously greased light poles. The police commissioner said he and other officers were hit with bottles.The vast majority of revelers celebrated peacefully, and police made only three arrests, said Ajeenah Amir, a spokeswoman for Mayor Jim Kenney.“Tens of thousands came out and celebrated this amazing victory, and but for a handful of bad actors, the celebration was peaceful and jubilant,” Amir said. She lauded police for “their assistance in getting the crowds dispersed and people home safely.”Just as Foles and the Eagles clinched victory in Minneapolis, the scene more than 1,000 miles away in Philly was one of jubilation and pandemonium.Revelers shot off fireworks, drivers beeped their horns and Philadelphians young and old descended on Broad Street Sam Darnold Jersey Youth , the main thoroughfare that last hosted a major championship parade in 2008 for the Phillies’ World Series win.“The city deserved it,” said 66-year-old Lou Potel, who threw a party at his home just off Broad before joining a much bigger party outside. “It’s a great city, and now we have a Super Bowl to go along with it.”Fans clambered atop the awning at the swanky Ritz Carlton Hotel near City Hall, jumping off into the crowd in what one post called “Ritz Carlton Skydiving.” The awning later collapsed with a large group of people on top of it. It wasn’t clear if anyone was injured.Nearby, windows were smashed at a Macy’s department store and at an Old Navy clothing store.And apparently no amount of grease in the world can keep some drunken Eagles fans from climbing poles in celebration. A few managed to shimmy up traffic lights and street sign poles.Amir said there were reports of some injuries from falls near light poles but precise numbers weren’t available.Vandals were seen having an apparent food fight inside a gas station’s convenience store, yelling “Everything is free!” and overturning a car outside a hotel. After 1 a.m., the only people allowed inside the 24-hour Wawa convenience store near City Hall were police officers.Associated Press writers Kristen De Groot in Philadelphia and Michael Rubinkam in northeastern Pennsylvania contributed to this report. Copyright ©2018 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed. Eagles_Patriots_Super_Bowl_Reax_Football_01184 Philadelphia Eagles fans celebrate the team's victory in NFL Super Bowl 52 between the Philadelphia Eagles and the New England Patriots, Monday, Feb. 5, 2018, in downtown Philadelphia. (AP Photo/Matt Rourke).


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