Green Bay – The Green Bay Packers' bottom line for fiscal years 2014 and 2015 represented sharp reductions from their high-water marks for 2012 and 2013.
However, those decreases were due mainly to depreciation on the $312 million the corporation has poured into improvements at Lambeau Field.
Paul Baniel, the team's vice president of finance, said that the Packers' net income released Monday in an abbreviated financial statement reflected approximately $28 million in depreciation. That was $20 million more than a year ago.
Thus, the Packers' net income for the fiscal year ending March 31 was $29.