Green Bay Packers

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.

The Packers have made it to the playoffs in each of the last three seasons, but their stays in the postseason have not been long ones.

After winning in Dallas to kick off the 2023 playoffs, the team has lost their last three postseason outings. The most recent defeat saw them blow an 11-point lead against the Bears in the fourth quarter and led to questions about whether the team would move forward with head coach Matt LaFleur.

LaFleur remains on the sideline and the team avoided major changes to the roster this offseason, but linebacker Isaiah McDuffie doesn’t believe the team is missing anything they need to get over the hump in 2026

“I think we’ve got everything we need,” McDuffie said on NFL Network. “At the end of the day, it’s just finishing. Getting late in the season, just finishing those games when we are up on guys, just putting the nail in the coffin.”

While the Packers opted against a major shakeup, they did bring in a new defensive coordinator when Jeff Hafley left to become Miami’s head coach. McDuffie said that Jonathan Gannon “definitely brings that juice” and that “it’s going to be fun to watch us” execute the things that Gannon has installed on that side of the ball.

That prediction will be likelier to come true if Micah Parsons can return to full speed, but McDuffie and the rest of the Packers will have to keep things afloat until that happens.

The Cowboys traded Micah Parsons to the Packers before the start of the 2025 season. As part of their effort to replace the All-Pro edge rusher, the Cowboys acquired Rashan Gary for a fourth-round pick during the offseason.

Gary, a former first-round pick of Green Bay who signed a four-year $96 million extension in 2023, has 46.5 sacks in seven seasons.

His entire focus heading into his first season in Dallas is to become what Parsons already is.

“I’m trying to be great,” Gary told Joseph Hoyt of The Dallas Morning News. “That’s my thing. I’m not just here to say I played in the NFL. I want to be a dominant factor. When I hang up my cleats, I want people to say, ‘Man, Rashan Gary was blah, blah, blah,’ whatever the case may be. It’s my legacy. It’s what I’m going to leave my kids. It’s bigger than me now.”

Gary has gone from mentee to mentor, helping the Cowboys’ young pass rushers, Donovan Ezeiruaku and Malachi Lawrence, in what will be an edge rusher-by-committee. Cowboys coach Brian Schottenheimer recently called Gary a “grown-ass man” when asked about Gary’s professionalism.

While the Cowboys have missed the postseason the past two years, Gary has played nine postseason games in his seven seasons. The 2022 season is the only season Gary has watched all of the playoffs from home.

“You see what football brings to you, then you understand that you can’t play this game lightly,” Gary said of his message to teammates. “You can never cheat the game, and I’m a big believer in that and the football gods. So just understanding the things that football has brought to me and how it’s changed my life. I owe it all, and that’s all I ask of you.”

The NFL is currently unveiling the result of its annual Top 100 players survey, and Packers linebacker Micah Parsons is not happy with where his fellow players ranked his quarterback.

Parsons wrote on social media that Packers quarterback Jordan Love, who was ranked No. 72 in the player poll, should have been a lot higher.

“71 players in the NFL aren’t better than Jordan love!” Parsons wrote.

Love has been ranked in the Top 100 after each of his three seasons as the Packers’ starting quarterback, but his ranking has steadily declined. In 2024 he was No. 34, in 2025 he was No. 68, and now in 2026 he’s No. 72.

Parsons’ own ranking has not yet been revealed. Last year he ranked No. 36.

The Packers have reached a new deal with one of their key defensive and special teams players.

Green Bay announced on Monday that the club has signed linebacker Isaiah McDuffie to a contract extension.

Via Jeremy Fowler of ESPN, it’s a one-year extension through 2027. McDuffie is now set to earn $8.8 million over the next two seasons, plus $1 million available in play-time incentives.

McDuffie was previously entering the last season of a two-year contract he signed with the club in the 2025 offseason. A sixth-round pick in the 2021 draft, McDuffie has appeared in 80 games with 38 starts.

In 2025, he appeared in all 17 regular-season games with 12 starts. He finished the season with 92 total tackles, a sack, and an interception. He was on the field for 45 percent of the team’s defensive snaps and 72 percent of special teams snaps last year.

Decades before football became Nikefied, with teams having nearly as many different uniforms as they have games, it was rare — and thus special — when a team showed up for a game with a different look. Notre Dame provided the epitome of that move, rarely dusting off green jerseys at the perfect moments.

It started on October 29, 1977. Facing No. 5 USC in South Bend, the Irish rolled a Trojan horse onto the field. And then roared out of the tunnel wearing green jerseys for the first time ever. Quarterback Joe Montana and company picked apart the Men of Troy, 49-19.

Now, most college teams wear something other than their base uniform so often that it’s never special. Still, Notre Dame will have a special outfit for the team’s Week 1 game against Wisconsin at Lambeau Field. It’ll be the first time Notre Dame ever has played there.

Via J.J. Post of ESPN, the uniform for the game pays homage to the Green Bay Packers. The shade of blue matches the 1920s Acme Packers, along with the stripes on the sleeves.

The video introducing the uniforms traces the connections between the Packers and the Irish. Curly Lambeau played for Knute Rockne. Paul Hornung starred for both Notre Dame and Green Bay.

“We are the outliers,” coach Marcus Freeman says in the video. “The small-town legends. The independent spirits who believe tradition isn’t something you just remember. It’s something you wear.”

The jersey also has eleven shamrocks on the collar, reflecting Notre Dame’s 11 consensus national championships: 1924, 1929, 1930, 1943, 1946, 1947, 1949, 1966, 1973, 1977, 1988.

The Irish are currently stuck in the longest title drought. The last one came against West Virginia and Major Harris, 38 years ago. (That one still hurts for those of us who don’t need the Country Roads to take us home, because we’re already there.)

On September 6 — in one of only two college football games to be played on the Sunday of Labor Day Weekend — the Irish will invade Wisconsin and make Green Bay their castle for a day, as they try to take out the team that otherwise calls Wisconsin home.

It’s not as if Notre Dame needs the extra boost they got from morphing into the Green Machine against USC. The Irish are 20.5-point favorites against the Badgers, and Notre Dame is among the short-list favorites to add a twelfth shamrock to that collar.