Green Bay Ownership Structure
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Green bay packers green bay packers inc.
Green bay ownership structure. 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. No one is allowed to hold more than 200000 shares which represents approximately four percent of the 5011558 shares currently out. The packers are owned by the fans not a wealthy owner operating with a profit at all costs paac philosophy.
Rather than being owned by a wealthy individual the packers are a publicly. The packers pride themselves on being the only publicly owned not for profit major league professional team in the united states. The green bay packers are a publicly owned non profit with a unique stock ownership structure.
Is the official name of the publicly held nonprofit corporation that owns the green bay packers football franchise of the national football league. Why the team is unique in the nfl. The green bay packers is unique in the nfl for one fascinating reason.
But the inertia inherent to the green bay structure creates a safe harbor for just good enough performances insulating the coach the gm and the ceo from the kind of accountability that can be harnessed in the blink of an eye by an owner who decides that the time has come for a change and who has no obligation to run it by anyone before doing it. The nfls green bay packers have an ownership structure unlike any other franchise in major us. The main purpose of community ownership is to ensure the team says in green bay.
Green bays bylaws state that the packers are a community project intended to promote community welfare what a refreshing approach. The packers are the only publicly owned franchise in the nfl. Rather than being the property of an individual partnership or corporate entity they are held as of 2016 by 360760 stockholders.
Instead of having one. The packers corporation was grandfathered when the nfls current ownership policy was established in the 1980s. Led by a seven member executive committee headed by team.
Green bay packers inc. With a population of about 100000 it is by far the smallest. 360584 stockholders totaling 5011557 shares.
All owner information is about team president mark murphy.
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