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Relocation fees help boost Packers in another strong financial year

NFL relocation fees helped boost the bottom line for the Green Bay Packers and the rest of the NFL.

The league's only publicly owned team released its 2017 statement on Wednesday, reporting net income of $72.8 million.

About $27.1 million is part of the team's share of the fees that the Raiders, Rams and Chargers had to pay to relocate. Such fees are split equally among NFL teams that aren't moving.

The Packers' annual financial statements always provide a peek into the lucrative business side of the NFL, especially since the team plays in the league's smallest market. The relocation spree over the past year gave the report added relevance.

The Raiders' fee to move from Oakland to Las Vegas was about $350 million. The Rams had to pay a $650 million fee to go from St. Louis to Los Angeles, while the Chargers had to pay the same amount to move from San Diego to join the Rams up the California coast.


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