Green Bay Packers report operating loss for 2025 amid higher player costs

The Green Bay Packers announced that their 2025 operating results showed a loss, primarily due to a $131.7 million increase in player-related costs tied to new contracts and the accounting of accelerated expenses for released and traded players. National revenue rose 4.8% to a record $453.2 million, and local revenue grew $13.4 million despite the team playing one fewer home game than the previous season.

"The NFL is more competitive and more expensive than ever," Ed Policy, the team's chairman, president and CEO, said. "We want to ensure our football leadership has every tool in the toolbox to build a competitive roster, and we do."

Policy added that the franchise remains financially sound in the short and medium term, but the organization is monitoring trends that could affect its long-term health, including other clubs' access to private-equity capital and public funding for stadium projects. He noted that Lambeau Field will require significant investment to maintain its status as an iconic, state-of-the-art venue and emphasized the need for a coordinated long-term plan with local and state authorities.