who owns the most stock in the green bay packers

Who is majority owner of Green Bay Packers?

The Green Bay Packers Board of Directors is the organization that serves as the owner of record for the Green Bay Packers of the National Football League (NFL). The Packers have been a publicly owned, non-profit corporation since August 18, 1923.

How many shareholders own the Green Bay Packers?

Including previous offerings, the organization now has more than 537,000 shareholders. Approximately $65.8 million was raised during the offering, with net proceeds going toward ongoing construction projects at Lambeau Field, including new video boards and concourse upgrades.

How much is a share of stock in the Green Bay Packers?

$300It's the sixth public sale of stock in the storied NFL franchise. Each share costs $300 in U.S. dollars, plus a handling fee. The team hopes to raise $90 million for construction projects at Lambeau Field, new video boards and concourse upgrades.

Is Green Bay Packers stock worth anything?

The stock has no underlying value and cannot be traded on open markets. The last time that the publicly owned, nonprofit Wisconsin corporation that owns the Packers sold shares was in 2011. Earlier Packer stock sales were in 1923, 1935, 1950 and 1997.

Can you buy a share of the Green Bay Packers?

Shares can be bought online with credit or debit cards or with electronic bank transfers. Any U.S. buyers who want to receive the documents by mail and purchase shares with a cashier's or personal check can call 833-OWN-PACK (833-696-7225).

What does owning Packers stock get you?

Shareholders receive nothing more than voting rights, an invitation to the corporation's annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise, such as a T-shirt that says you're a Green Bay Packers owner.

Do Packers shareholders get Super Bowl rings?

The shareholders' official rings for men and women feature several elements of the club's Super Bowl ring, including an exclusive brand on the crown. Personalization options are also available in a variety of metal and stone options.

Who gets the profits from the Green Bay Packers?

The Packers reported profit from operations for 2019-2020 of $70.3 million. Total revenue and profit from operations, rather than net income, are the more significant number in Packers' finances because all money, whether profit or not, goes into team operations or the community. Packers stock does not pay dividends.

How many stock sales did the Packers have?

Fans have supported the team financially through five stock sales: 1923, 1935, 1950, 1997 and 2011.

How to contact packers shareholder services?

Shareholder Services can be reached via phone at 855-8GO-PACK (855-846-7225) or email at [email protected]. Information is also online at packersowner.com. MISC.

When is the last day to order 2020 Packers collectibles?

For more information, please visit the Lambeau Field Atrium on the day of the Shareholder meeting, or click here to order online: Shareholder Collectible . Last date to order is July 26, 2021 .

When is Packers 2021 meeting?

The 2021 Annual Meeting of Shareholders will be held Monday, July 26, at 11 a.m. in Lambeau Field. Shareholders should receive their meeting materials by mid- to late-June. As pandemic conditions continue to change, any COVID-19 protocols for the meeting will be finalized and posted on packers.com and packersowner.com as the meeting date nears.

Is Green Bay Packers a nonprofit?

Green Bay Packers Inc., has been a publicly owned, nonprofit corporation since Aug. 18, 1923, when original articles of incorporation were filed with Wisconsin's secretary of state. One of the more remarkable business stories in American history, the Green Bay Packers organization has been kept viable by its shareholders — its unselfish fans.

When was the Green Bay Packers stock certificate issued?

A 1923 Green Bay Packers stock certificate, as displayed at the Green Bay Packers Hall of Fame. There have been five stock issues over the history of the Packers organization: 1923: Shares of stock were first sold to establish the club as a corporation.

Why did the Green Bay Packers get a third offer?

1950: A third offering was held to prevent the team from becoming insolvent or moving out of Green Bay in the face of competition from the All-America Football Conference and founder Curly Lambeau ’s departure after a 30-year reign as coach.

How many seats were there at Lambeau Field in 2011?

2011: To raise money for a large $143-million Lambeau Field expansion, which included approximately 6,700 new seats, new high-definition video boards, a new sound system, and two new gates, a fifth stock sale began on December 6, 2011.

When was the Green Bay Packers Foundation created?

The team created the Green Bay Packers Foundation in December 1986. It assists in a wide variety of activities and programs benefiting education, civic affairs, health services, human services and youth-related programs.

Is Packers stock a preferred stock?

Even though it is referred to as "common stock" in corporate offering documents, a share of Packers stock does not share the same rights traditionally associated with common or preferred stock. It does not include an equity interest, does not pay dividends, cannot be traded, and has no protection under securities law. It also confers no season-ticket purchasing privileges. Shareholders receive nothing more than voting rights, an invitation to the corporation's annual meeting, and an opportunity to purchase exclusive shareholder-only merchandise.

Is the Green Bay Packers a non profit?

The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has 360,760 stockholders, who collectively own 5,011,558 shares ...

Is Green Bay a public or private company?

Green Bay is the only team with this public form of ownership structure in the NFL, grandfathered when the NFL's current ownership policy stipulating a maximum of 32 owners per team, with one holding a minimum 30% stake, was established in the 1980s. As a publicly held nonprofit, the Packers are also the only American major-league sports franchise ...

How many times have the Packers sold stock?

The Packers have turned to stock sales five times to raise money. The first was in 1923; facing bankruptcy the Packers turned to local merchants to help raise money. The team brought in about $5,585 by selling 1,000 shares at $5 apiece (about $70 in today’s money).

What are the benefits of owning a Packers stock?

There are three major benefits to owning a share of stock in the Packers: voting rights , an invitation to an annual shareholders meeting , and the ability to purchase merchandise specifically for shareholders. The shareholders meeting takes place each year inside Lambeau Field.

When did the NFL and AFL merge?

Since the AFL/NFL merger in 1970, the team has held a stock sale shortly after its two Super Bowl victories. The most recent stock sale happened in 2011 and 2012, when 269,000 shares were sold at $250 apiece to raise funds towards a $143 million addition in the south end zone of Lambeau Field.

Is the Green Bay Packers a community owned franchise?

For 31 other NFL franchises, the owners must be a group of 24 or fewer people and cannot be a religious group, government or non-profit organization. And then there’s the Green Bay Packers, the only community-owned franchise in American ...

Who is the CEO of the Green Bay Packers?

The executive committee runs the Packers, and is ultimately responsible for the direction of the football team and organization. Mark Murphy is the President and CEO of the Packers, and represents the team at the NFL’s owners meetings. News Gary Zilavy January 26, 2017 Green Bay 101, Green Bay Packers. Disqus Recommendations.

Is Green Bay a community owned city?

And then there’s the Green Bay Packers, the only community-owned franchise in American professional sports. Green Bay, Wisconsin has a population of 104,057 as of the 2010 census, easily making it the smallest home city of an NFL team.

Do Green Bay Packers pay dividends?

Shareholders in the Green Bay Packers are unlike traditional shareholders of a company. Shares do not pay dividends, cannot increase in value and does not include any equity. Additionally, being a shareholder of the Packers does not provide any preferential treatment or access to season tickets.

Who's the president of the Packers?

Although the Green Bay Packers don't have a majority owner, they're led by president Mark Murphy. There’s also a seven-member Executive Committee including Murphy as president.

What's in it for Green Bay Packers shareholders?

The Packers franchise has only made its shares available for purchase by the public at specific points in history. The team is proud that it has been sustained over the years by its loyal fans.

How can fans buy shares of the Packers?

The current stock offering will conclude on February 22, 2022, or whenever the allotted 300,000 shares have been sold. The shares are $300 apiece (compared to $250 apiece in the 2011 stock offering), and you can find out more at packersstock.com.

How are the Packers different from other NFL franchise ownership?

The Packers are the only one of the 32 NFL teams to be publicly owned by its worldwide fan base. Other teams are run by individuals with the financial means to buy a costly franchise. For example, oil investor Jerry Jones owns the Dallas Cowboys, Gayle Benson owns the New Orleans Saints, and Virginia Halas McCaskey owns the Chicago Bears.

When did the Packers get grandfathered into the NFL?

More stock offerings happened in 1935, 1950, 1997, and 2011. The Packers were grandfathered into the NFL with this unique ownership system, despite it clashing with ownership limitations placed on all new teams. In the 1980s, the NFL made the limits even more stifling.

What was the shortcoming of the 1923 Packers?

In 1923, the Packers had one shortcoming — they were broke. On the verge of collapse, the team took advantage of their 1911 founding date and a quirk in the NFL bylaws. With no hope of finding a friendly investor to buy the team, they went with the most dedicated revenue source possible — their fans.

How many shares can a person hold in the first place?

One common criticism of these shares is the lack of traditional voting rights. No one person is allowed to hold more than 200,000 shares in the first place, but there isn’t much reason to own more than one.

Is the Green Bay Packers worthless?

Why Green Bay Packers Shares Are Totally Worthless. To say the Green Bay Packers are an outlier in American sports is something of an understatement. The Wisconsin squad represents the only publicly-owned, non-profit team in a major sports league in the United States.

Is the Packers stock worthless?

Packers stock is functionally worthless. The Packers label their slivers of ownership “common stock.”. It pays out no dividends. No equity interest. No ability to trade it. It’s largely a gesture from fans towards the team, a vote of confidence. That isn’t to say that there are no perks at all.

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Overview

Board of directors

The Green Bay Packers Board of Directors is the organization that serves as the owner of record for the Green Bay Packers of the National Football League (NFL).
The Packers have been a publicly owned, non-profit corporation since August 18, 1923. The corporation currently has approximately 361,300 stockholders, who collectively own 5,011,558 shares of stock following the fifth stock sale in 2011. There have been six stock sales, in 1923, 1…

Shareholder rights

Stock sales

Green Bay Packers Foundation