The 29 NFL teams that are staying put will each receive a gross sum of $55.2 million over a period of up to 11 years from the relocation fees associated with the moves of the Rams, Chargers and Raiders, sources told ESPN on Wednesday.
The Rams and the Chargers will each pay $645 million beginning in December 2019 and ending in December 2028. Neither the Rams nor the Chargers will receive revenue from the Los Angeles relocation fees.
The Raiders will pay $378 million over 10 years beginning in the year they move to Las Vegas, sources with knowledge of the numbers said. That money will be divided among every team but the Raiders.
The teams' relocation fees are commensurate with the projected value increase of their moves.
The Green Bay Packers reported Wednesday that the team will receive relocation fees that amount to $27.1 million.
The piece of information was disclosed as part of the team's annual public reporting as stipulated by its shareholder ownership structure.
Team president Mark Murphy said the team figured out the amount by taking the money that the three teams will pay and dividing it among every team but the relocated team. The Packers then accounted for the present value of the money over time, and taxes.
Murphy said the first payments will come on Dec. 31, 2019.
The Packers also said they received $244 million in national revenue, mostly from the NFL's TV deals. That means that the league distributed $7.8 billion to its 32 teams for the 2016 season. Murphy suggested that the national money by $21 million from the 2015 season, and that the figure was buoyed by a scheduled uptick in television deals, revenue from "Thursday Night Football" and the strength of the NFL Network.
