Packers shareholders meeting hypes fans up
GREEN BAY, Wis. (WLUK) -- Around 7,000 fans from across the state and country geared up in green and gold Monday, and headed to Lambeau Field. They weren't there to take in a game, but rather to take in the latest Green Bay Packers news.
Brent Schultz from Illinois was amazed to learn about the project across the street from Lambeau Field.
"I really like what they're doing with the Titletown (District). I think that's going to be something very special and something for the fans to visit and enjoy, and I think that's just going to further do well for the entire Packer organization," Schultz said.
Bob Ward from Wild Rose agrees.
"I think the information they gave on the future of the team and expansion of Titletown District is lot of information," he said. "The financial stability of the team; (the meeting was) very interesting. very worthwhile to attend."
Packers CEO Mark Murphy says the Titletown District is the team's biggest investment and it's an important one.
"With our ownership structure, for us another -- or the other -- top priority, is making sure we stay in Green Bay and I think investing in our community in a way we are with Titletown really helps ensure that this team will stay here," Murphy said.
The Packers reported a revenue of $441 million for the 2017 fiscal year. That's up $33 million from the year before.
Murphy says although the Packers are in a strong financial position, things can change over time.
"So I think diversifying our revenue, our businesses, is a really smart thing to do," he said.
Murphy didn't give away all the Packers' secrets during the meeting though. He says the organization plans to celebrate the 100th anniversary of its 1919 founding.
"Over the next few months, we'll announce some of the specific things we'll do. It's something we're excited about and we know our fans are," Murphy said.
With all the Packers' exciting reports, fans like Ward are ready to kick off the season, hoping to come back bigger and stronger than before.
"Somebody came through and said, 'We're from Minneapolis we'll see you for the Super Bowl,' I said, 'yes you will, we'll be there,'" Ward said.
Murphy believes the new developments and fan supporters will help bring the NFL Draft to Green Bay.