Can I Buy a Share of the Green Bay Packers?

By Jason Bolton November 27, 2023 09:09

The Green Bay Packers, one of the most storied franchises in the history of the National Football League (NFL), have a unique ownership structure that sets them apart from other professional sports teams. Unlike most teams, the Packers are owned by the community, with shares held by thousands of dedicated fans. This article explores the intriguing question of whether it is possible for individuals to buy a share of the Green Bay Packers.

The Green Bay Packers' Ownership Model: The Green Bay Packers are the only publicly-owned team in the NFL. This unique ownership structure dates back to 1923 when the franchise faced financial difficulties. To secure its future, the Packers held a public stock sale, allowing fans to purchase shares of the team. Since then, the Packers have held multiple stock sales to raise funds and maintain their community-centered ownership model.
The Limitations of Ownership: While the Green Bay Packers' ownership model is a testament to the fans' dedication, it does come with certain limitations. The shares sold by the Packers do not confer any financial benefits or dividends, unlike traditional corporate stock. They also lack the ability to appreciate in value, meaning shareholders cannot sell their shares for a profit. Instead, the shares hold sentimental value and provide fans with a sense of ownership and pride in the team.
The Stock Sales: The Green Bay Packers have conducted five stock sales in their history, with the most recent one taking place in 2011. During these sales, shares were made available for purchase at a fixed price, typically ranging from $200 to $300 per share. The Packers have strict rules governing the sale of shares, such as limiting the number of shares an individual can purchase and prohibiting any transfer of ownership except to immediate family members.
The Current Situation: As of now, the Green Bay Packers' stock sale is closed, and the team is not actively offering shares for sale. The most recent stock sale in 2011 generated substantial revenue, which has been used for various team projects, including stadium renovations and community initiatives. While the Packers' ownership model has been successful, it is uncertain when the next stock sale will occur, if at all.
Benefits of the Ownership Model: The community ownership model of the Green Bay Packers has several advantages. Firstly, it ensures that the team remains rooted in its community and is less likely to be relocated. Secondly, it fosters a strong bond between the team and its fans, creating a unique sense of pride and loyalty. Lastly, the revenue generated from stock sales allows the Packers to invest in their infrastructure, ensuring the long-term success and sustainability of the franchise.
Alternatives for Ownership: While buying a share of the Green Bay Packers is currently not possible, there are alternative ways to support the team. Fans can purchase official merchandise, attend games, and engage in other activities that contribute to the team's success. Additionally, individuals can become members of the Packers' fan club, which provides exclusive benefits and opportunities to connect with the team.

The possibility of buying a share of the Green Bay Packers is a question that has fascinated football fans for decades. While the team's unique ownership model allows fans to hold shares, the stock sales are infrequent, and the team is not currently offering shares for sale. Nevertheless, the Green Bay Packers' community-centered ownership model remains a symbol of fan devotion and a testament to the deep-rooted connection between the team and its supporters.