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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 Kemoko Turay Jersey Elite , 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 Customized Kansas City Chiefs Jerseys , 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, it should, knock on wood Curt Schilling Jersey , 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, though "over the last 10 years or so Adidas Brad Marchand Jersey , 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."
The Hamilton Tiger-Cats never gave former Heisman Trophy winner Johnny Manziel a chance to start, but they're giving him the opportunity to succeed elsewhere.On Sunday, TSN's Duane Forde reported that the Tiger-Cats have traded Manziel to the Montreal Alouettes, who are desperate for a quarterback after falling to a brutal 1-4 record to start the season.Johnny Manziel to Montreal is a done deal. Expect an announcement shortly.— Duane Forde (@DuaneFordeTSN) July 22, 2018Here is THE TRADE: Hamilton sends QB Johnny Manziel, OT Tony Washington and OL Landon Rice for DE Jamaal Westerman, WR Chris Williams and 2 first-round picks in 2020 and 2021. #CFL #donedeal— David William Naylor (@TSNDaveNaylor) July 22, 2018After being out of football for two years, Manziel signed a two-year contract with Hamilton in May. But 29-year-old quarterback Jeremiah Masoli has performed just fine, and the Tiger-Cats are second in the East Division with a 2-3 record.Adding Manziel will certainly do a lot for the Alouettes from a public relations standpoint. He was a media darling during his days at Texas A&M Brian O'Neill Jersey Elite , and was drafted with the 22nd pick by the Cleveland Browns in 2014.However, Manziel battled well-documented behavioural issues off the field. This included struggles with alcohol addiction, arrests and a domestic violence investigation. Manziel also broke Cleveland curfew rules and was often spotted partying during the season. He also didn't take his job seriously in Cleveland, which caused the team to release him in the 2016 offseason.But in February, Manziel appeared on Good Morning America and opened up about his struggles with alcohol and bipolar disorder. Manziel said that he no longer drinks and has since been committed to resuming his football career. Known for his dual threat style of play, Manziel will have the chance to turn around a long-struggling Alouettes team that has missed the playoffs in three consecutive years. And if he can succeed in the CFL, Manziel just might set himself up for another chance in the NFL.Hamilton was doing just fine without Manziel, but the Alouettes desperately needed a quarterback. Now, Manziel has the opportunity to turn around his football career in one of Canada's top cities..
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