Thursday, May 25, 2023

If the Green Bay Packers can afford a $95 million payroll, they don't need a $2 million handout from the State of Wisconsin

 
Not to mention the fact that the franchise is currently valued at $4.2 billion.

Graph:  Statista
HeadlineMilwaukee Journal Sentinel, 5/25/2023

Related reading:

The Green Bay organizing committee, which includes representatives of the Packers and tourism bureau Discover Green Bay, set a budget of $7.5 million. The Packers pledged $1 million to the effort and are hoping the state will kick in another $2 million. The committee established a 501(c)(6) non-profit entity which allows tax-deductible contributions. It has pledges from other donors, but must raise about $4 million more, which the NFL apparently is confident will happen.
 

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