NFL Teams Split Record $7.8 Billion in 2016, Up 10%
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The National Football League distributed a record $7.8 billion to its 32 teams in 2016, a jump of almost 10% that reflects the league’s increasingly rich TV deals, according to a financial disclosure by the Green Bay Packers.
That’s another way of saying that the TV networks need ad revenue for their NFL properties to leap just as high — something with which they’ve had a bit of a struggle so far in this year’s upfront talks.
Each NFL team receives an equal share of the league’s “national revenue” — primarily money from television deals, but also league-wide sponsorships, licensing and merchandise sales. The Packers, the only publicly owned franchise in major U.S. sports, reported Wednesday that they got $244 million, up from $222.6 million last year.
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