Green Bay Packers

Five Packers will open camp on the active/physically unable to perform list, but outside linebacker Micah Parsons was not one of them.

The Packers placed tight end Tucker Kraft, tight end Luke Musgrave, defensive tackle Javon Hargrave, offensive guard Aaron Banks and defensive back Kamal Hadden on PUP. Matt Schneidman of TheAthletic.com reports that Parsons will join the list on Tuesday.

Running back Chris Brooks went on the non-football injury list.

It was a timing issue that delayed Parsons’ move to the PUP list, per Schneidman.

Parsons has said he does not expect to return from his torn ACL until at least October. He did not undergo surgery until Dec. 29 and needed a follow-up arthroscopic procedure on his meniscus, delaying his return.

Defensive tackle Devonte Wyatt and right tackle Zach Tom are fully cleared to begin camp. Wyatt fractured his left fibula and tore ligaments in his left ankle on Thanksgiving Day, and Tom required offseason surgery for a partially torn patellar tendon.

A May 2026 arrest of Packers running back Josh Jacobs following a domestic disturbance resulted in no charges being filed.

The case nevertheless remains open.

Via Matt Schneidman of The Athletic, the Brown County District Attorney’s Office said via email on July 23 that the investigation is “still open” and that “there will be an update provided once a resolution is reached.”

Jacobs remains available to practice and to play. The possibility of paid leave would arise if he’s formally charged with one or more crimes relating to domestic violence, or if the league determines based on its own investigation that paid leave is required.

For now, it appears that there will be no information until a final decision is made as to whether he’ll be charged. Even if he isn’t charged, Jacobs could be subject to discipline under the Personal Conduct Policy.

Jacobs, 28, is entering his third season with the Packers. He’s signed through 2027.

Green Bay is set to begin training camp this week and the team’s quarterback is ready for it.

Speaking at his youth football camp in Milwaukee over the weekend, Jordan Love said he’s excited to get back on the field.

“I love the guys we got,” Love said, via Indiana Schilz of CBS 58 Milwaukee. “I love the team we got, and I think everybody is in a good place. Now it’s time to get back for training camp and keep building on things we left off on in OTAs and get ready to attack the season.

“For me, it’s just getting back, continuing to focus on things I want to improve on mechanic-wise. A lot of it really starts when you get back with the team, get grinding with everybody else and the coaches and all of that.”

Love and the Packers are coming off a disappointing playoff finish to what was a solid regular season. Love completed 66.3 percent of his passes for 3,381 yards with 23 touchdowns and six interceptions in 15 games. His passer rating (101.2) was his highest of his three seasons as a starter, while his interception rate (1.4 percent) was his lowest.

The Packers have concerns about their revenue. But not enough to do what nearly every other NFL franchise has done — sell the naming rights to the stadium where they play.

At the 2026 shareholders meeting, Packers CEO and president Ed Policy was clear and unequivocal: “We are not selling the naming rights to Lambeau Field,” via Rob Demovsky of ESPN. (It’s not currently known whether he prefaced his remarks by saying, “Read my lips.”)

Policy has mentioned, on multiple occasions, the challenges presented to a team that is publicly owned when competing with the 31 privately-owned clubs that can sell minority shares for significant money.

There are ways to counter that. For now, Policy has said that more “major events” will be hosted at Lambeau Field.

Other options include raising ticket prices and/or implementing Personal Seat Licenses. Yes, that would increase the costs of attending games. But with a waiting list that supposedly extends into the next century, why not take advantage of the basic realities of supply and demand?

As it relates to any demand for the ability to slap a corporate moniker on Lambeau Field, the supply will remain zero. If, however, Policy’s concerns come to fruition, that position could be revisited.

Until then, only the Packers and Bears will be the NFL teams that play in stadiums that don’t have a naming-rights deal. And when the Bears move into a new venue, the Packers likely will be the literal cheese that stands alone.

On Friday, Packers president and CEO Ed Policy reiterated his concern about the basic financial differences between a publicly-owned team and the 31 privately-held franchises. The situation raises the stakes for the Packers when it comes to finding ways to raise money.

One easy way to do that is to have more events at Lambeau Field. Policy said that’s coming.

“We are focusing on having more major events — non-Packers games at Lambeau Field,” Policy said, via Kelly Hallinan of NBC 26. “They’re good for us. They do generate revenue, but they’re also great for our community and for the regional and local economy.

“We do want to focus a little more on college football games and premier soccer games. They’re just a little bit easier on our field and easier for the field to bounce back from. But we will host concerts from time to time. We’re very pleased with the Luke Combs concert. It was actually two back-to-back concerts that we held for the first time in Lambeau Field, and we hosted, I believe, approximately 93,000 people.

“So we are putting more effort toward those events. Very excited about having the Notre Dame-Wisconsin game coming here on September 6th. But we’ll continue to look at those. There’ll be college football games, premier soccer games, there could be a winter event coming up. We’ll see, we’re working on that potentially.”

Policy mentioned the field. The Packers do a great job, in a bad climate, of keeping their field pristine. They’ll need to be able to keep doing that.

But it’s a way to make more money that doesn’t make it more expensive to attend Packers games — and that doesn’t entail selling the naming rights to Lambeau Field. Which the Packers absolutely do.

It’s found money. It’s a lost opportunity. And even though some regard Lambeau Field as hallowed ground, Green Bay Packers, Inc. isn’t a religion. It’s a business.

And it should behave like one, especially if the person in charge of the business is worried that changes to how NFL business is done could eventually give the Packers the business.

In March 2026, Packers president and CEO Ed Policy raised concerns about the inability of his team to sell limited shares for unlimited funds. On Friday, he repeated those concerns in connection with the release of the franchise’s latest annual report.

“It’s like other teams have access to this ATM machine that we just don’t have right now,” Policy said, via the Associated Press. “We’re going to have to be more aggressive with revenue generation going forward. We all know the cost of competing in the NFL is going up, and other teams have access to capital sources that we just don’t have.”

He was specifically referring to the inability of the publicly-owned Packers to sell a minority interest for a large influx of cash.

“For example, a team can sell five to 10 percent of their equity without giving up any controlling interest in the team, and they could raise more money than we have in our capital reserve fund in just a matter of months,” Policy said.

It’s not a problem for now, but it could become one.

“I feel very good about the Packers’ financial strength and condition in the medium term and the short term, certainly,” Policy said. “But we are keeping a very close eye on some of these long-term trends, looking at how they impact us and our financial health in the long term. . . . We do have to make sure that we’re always in a position where we can continue to invest wisely in whatever it takes to field a championship-caliber team, whether that’s player costs, football staff or facilities.”

And that’s why we recently spelled out the path toward solving the problem: Dissolve Green Bay Packers Inc., sell the assets to an expansion franchise established by a traditional owner, and give the team the same structure that the other 31 franchises have.

If Policy is going to keep identifying the problem, at some point he needs to articulate a solution. Changing the overall nature of the organization is one way to do it.

And if the current shareholders don’t like that idea, there are other ways to increase revenue. With a lengthy season-ticket waiting list, there’s an obvious supply-and-demand issue in Green Bay. That issue can be addressed by charging more for tickets.

Alternatively, or additionally, the Packers could sell Personal Seat Licenses. Other teams use these money-for-nothing devices to raise revenue. With tens of thousands waiting for the ability to buy season tickets, why not implement a similar approach?

Then there’s the stadium naming rights. That’s $20 million or so per year that the Packers are choosing to not earn.

“It’s their choice to not sell naming rights,” a source from another team observed. “Or don’t trade for Micah [Parsons].”

If the Packers are going to continue to operate as a corporation that can’t raise money in the ways other teams can (and do), the Packers need to find other ways to make money. Or they need to be more careful in how they spend the money they have.

Or they need to stop being a corporation and sell the franchise to a multi-billionaire who grew up with a Cheesehead covering their scalp.

The corporate structure of the Green Bay Packers requires their books to be open. Which results in the disclosure of the annual revenue that the 32 teams share.

Via Matt Schneidman of The Athletic, the Packers’ latest annual report shows that they received $453.2 million in their most recent fiscal year. The report was released in advance of Monday’s annual shareholder meeting.

This means that the teams shared $14.5 billion in national revenue.

As to the money that isn’t shared, the Packers made $299.8 million. That’s $753 million in total revenue for the Packers. And it’s a $34 million increase over the team’s last annual report.

Bottom line? Business is still booming in the NFL. And if the Packers weren’t a publicly-traded corporation, we wouldn’t have the kind of information that the Packers provide as to the revenue shared by all teams.

During the slow time, the mind wanders. A question from a viewer during the summer run of #PFTPM sent my relaxed brain wandering in one specific direction. And with the annual Packers shareholder meeting coming on Monday, there’s no time like now to trot it out.

The seeds were planted, deliberately or not, by Packers president and CEO Ed Policy. In a March 2026 interview with Ben Fischer of Sports Business Journal, Policy expressed an opinion that the current financial realities of NFL ownership make it harder for the only publicly-owned NFL franchise to compete.

“If you think about any other team, they’ve got deep-pocketed owners, most of them are worth significantly more than that, and they could sell less than 10 percent of their team, give up no controlling interest, and raise a heck of a lot more than that,” Policy said.

“Given the pace that the expenses have accelerated over the past few years, if we find ourselves falling behind, it’s going to be really hard to catch up. So, we have to keep ourselves in a position where we’re not falling behind.”

So what if the Packers eventually do fall behind? What happens if, at some point, the powers-that-be decide that the current business model doesn’t work?

On the surface, there would seem to be nothing to do. The Packers are publicly owned. Because the shares can’t be sold, it’s impossible for anyone to buy up controlling interest in the company.

Still, the potential solution is fairly simple. Green Bay Packers, Inc. could, in theory, dissolve, with the assets of the corporation sold to an expansion franchise. The proceeds would then go to charity.

It’s right there in the team’s Article VI of Articles of Incorporation: “That should there be a dissolution of the Green Bay Packers, Inc., the players shall be subject to the National Football League Rules, but that the undivided profits and assets of the Green Bay Packers, Inc. shall go to the Green Bay Packers Foundation for distribution to community programs, charitable causes, and such other similar cause to which the Foundation deems appropriate.”

Of course, leadership of the corporation would first have to choose to dissolve. It would be an option utilized as a last-ditch effort, if/when the “deep-pocketed owners” to whom Policy referred become sufficiently rich to spend the Packers into oblivion. And, frankly, if the absence of a traditional owner were to convert the Packers into the perennial loser that they were for most of the ‘70s and ‘80s, the fans could get behind a radical change in ownership structure.

What of the shareholders, you ask? Those folks who paid good money for a piece of memorabilia that’s framed on the wall? The many stock certificates would continue to have the value they currently possess — none at all.

The stock can’t be sold. It doesn’t appreciate in value. It has no real value. It gets the “owner” nothing more than the official piece of paper and an invitation to the annual shareholder meeting.

Based on conversations with those in the know, the league at large wouldn’t be upset if it happened. The transition from corporation to traditional owner would introduce another multi-billionaire into the club. And with an expansion fee of at least $10 billion (much more if it happens in the not-foreseeable future), the other owners would share that payment equally.

There’s another benefit. If the Packers convert from a publicly-owned corporation, the franchise’s books would be sealed shut. There would be no way to know how much money any team makes, and no way to isolate the shared revenue and multiply it by 32 to know more about how much money the league is making.

It won’t happen unless and until the Board of Directors decides to do it. But if it’s determined that the current structure is keeping the team from being competitive, it’s an option for giving an oligarch who owns a cheesehead the opportunity to modernize the ownership structure and to keep the franchise on equal footing with its competitors.

The challenge would be to ensure that the Packers would stay put. Perhaps a commitment would be secured that the team would never move. The Packers, after all, must be in Green Bay.

Even with that limitation, someone with billions to burn would take over the team, if the Packers ever decide to make a dramatic change in their structure for the long-term good of the franchise.

After bonding with teammates earlier this month, Aaron Rodgers has bonded with his family.

The Steelers quarterback was famously estranged from his parents, Ed and Darla, and his brothers, Luke and Jordan, for at least a decade. But on Monday night, Rodgers shared three photos — one with his mom, one with his dad and one with Luke — on Instagram.

He wrote: “Another bonding week #fam.”

Jordan was notably absent from the photos.

In March, Aaron Rodgers talked about his rift with his family on The Pat McAfee Show.

“If you look at the saga with my family, for years it was one-sided,” Rodgers said. “They were making shots in the media saying bullshit. I never said anything until it got to the point where I’m like, ‘All right, enough is enough.’”

His estrangement from his family became public during Jordan Rodgers’ appearance on The Bachelorette in 2016, and Aaron Rodgers discussed it during the 2024 Netflix docuseries, Aaron Rodgers: Enigma.

He pointed to his parents’ strict religious beliefs as a reason for the falling-out.

“I grew up in a very white, dogmatic church and that just didn’t really serve me,” Aaron said. “It was very rigid in structure. I’m not a rigid person. Shame, guilt, judgment. It was like, ‘We have the truth. Our way or the highway. Our way is heaven; your way is hell.’ Even talking to my parents, it was very black and white. Like, somebody has to be wrong, [and] somebody has to be right. I just slowly uncoupled from that in high school.”

The hatchet, though, has apparently been buried, and the past forgotten.

Packers defensive tackle Devonte Wyatt is no longer in the final year of his contract.

According to multiple reports, Wyatt has agreed to a three-year contract extension with the team. The Packers had exercised Wyatt’s fifth-year option for the 2026 season at a $12.938 million salary.

Wyatt is set to make $57 million under the terms of the extension and the deal includes a $20 million signing bonus.

Wyatt was a 2022 first-round pick and he has appeared in 57 regular season games for the Packers. He started all 10 games he played last season, but saw his season come to an early end with a broken fibula.

Prior to the injury, Wyatt had 27 tackles and four sacks. He has 101 tackles, 16 sacks, a forced fumble and three fumble recoveries over his entire time in Green Bay.