What happened: The Green Bay Packers reported a $1.1 million operating loss for the fiscal year ending March 31 after posting an $83.7 million operating gain the year before. Micah Parsons joined Green Bay from the Dallas Cowboys and signed a four-year, $186 million extension with a $44 million signing bonus, while Kenny Clark went to Dallas in the trade.

Why it matters: Player costs increased $131.7 million as new contract structures and accelerated costs from player departures reached the ledger together. Green Bay also generated $753 million in operating revenue, so one unusual accounting year does not make investing in Parsons a roster-building mistake.