Pack’s profit drops 98% due to losing, big deals

GREEN BAY, Wis. — The Green Bay Packers reported a profit of just $724,000 in their latest fiscal year, which included their second consecutive season without a playoff appearance, a large contract extension for quarterback Aaron Rodgers and a change in head coach from Mike McCarthy to Matt LaFleur.

Green Bay’s profit in the year ending March 31 was down 97.9% from $34.1 million in the year ending March 2018 and down more than 99% from the record $75 million in the previous fiscal year.

“From a financial standpoint, it was…