Green Bay Packers Ownership Structure
From its early years a century ago the team has belonged not to a tycoon but to the people of green bay.
Green bay packers ownership structure. Instead of the team being owned by one person partnership or corporate entity. Is the official name of the publicly held nonprofit corporation that owns the green bay packers football franchise of the national football league. One of the more. The green bay packers is unique in the nfl for one fascinating reason.
The nfls green bay packers have an ownership structure unlike any other franchise in major us. Rather than being owned by a wealthy individual the packers are a publicly. What a refreshing approach. Answerby gus fuldner green bay packers shareholder the ownership structure of the packers is unique.
By jess bolluyt on september 9 2018. Thus a team owner the board of directors board of green bay packers inc a wisconsin corporation the corporation is the organization that serves as the owner for the green bay packers football club. The main purpose of community ownership is to ensure the team says in green bay. No one is allowed to hold more than 200000 shares which represents approximately four percent of the 5011558 shares currently out.
Green bay packers inc. The team doesnt technically have a single owner or a handful of partners like every other nfl team. Rather than being the property of an individual partnership or corporate entity they are held as of 2016 by 360760 stockholders. It makes them an example according to espns patrick hruby.
Instead the team is owned by hundreds of thousands of fans who all bought a piece of the green bay packers in a public stock sale. The green bay packers are the only publicly owned team in us professional sports. The packers are the only publicly owned franchise in the nfl. The green bay packers are a publicly owned non profit with a unique stock ownership structure.