Green Bay Packers Ownership Structure
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No one is allowed to hold more than 200000 shares which represents approximately four percent of the 5011558 shares currently out.
Green bay packers ownership structure. It makes them an example according to espns patrick hruby. Rather than being owned by a wealthy individual the packers are a publicly. Green bay packers inc has been a publicly owned nonprofit corporation since aug.
Instead of the team being owned by one person partnership or corporate entity. The green bay packers is unique in the nfl for one fascinating reason. The green bay packers are the only publicly owned team in us professional sports.
The team doesnt technically have a single owner or a handful of partners like every other nfl team. Green bays bylaws state that the packers are a community project intended to promote community welfare. The green bay packers are a publicly owned non profit with a unique stock ownership structure.
Answerby gus fuldner green bay packers shareholder the ownership structure of the packers is unique. By jess bolluyt on september 9 2018. 18 1923 when original articles of incorporation were filed with wisconsins secretary of state.
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. From its early years a century ago the team has belonged not to a tycoon but to the people of green bay. What a refreshing approach.
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 nfls green bay packers have an ownership structure unlike any other franchise in major us. 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. Is the official name of the publicly held nonprofit corporation that owns the green bay packers football franchise of the national football league.
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