{"id":1002172,"date":"2018-09-09T11:20:38","date_gmt":"2018-09-09T15:20:38","guid":{"rendered":"https:\/\/sports7.us\/?p=1002172"},"modified":"2023-05-12T17:24:09","modified_gmt":"2023-05-12T21:24:09","slug":"who-owns-the-green-bay-packers","status":"publish","type":"post","link":"https:\/\/sports7.us\/news\/who-owns-the-green-bay-packers\/","title":{"rendered":"Who Owns the Green Bay Packers?"},"content":{"rendered":"\n

The Green Bay Packers<\/a> are old school. They play their games at historic Lambeau Field<\/a> and thrive on their homefield advantage that consists of sub-freezing temperatures in the latter part of the schedule.<\/p>\n\n\n\n

Lambeau Field might be the most electric atmosphere to take in an NFL game. When the Packers are home for the weekend, it's a party. Maybe it's because there's not much else going on in the city, but maybe it's a whole collection of NFL owners coming together to watch their team play.<\/p>\n\n\n\n

Who owns the Green Bay Packers? The fans<\/h2>\n\n\n\n
\"A
A Green Bay Packers owner waves to the crowd during the 2021 Green Bay Packers Training Camp at Ray Nitschke Field on July 28, 2021 | Larry Radloff\/Icon Sportswire via Getty Images<\/figcaption><\/figure>\n\n\n\n

The Green Bay Packers are the only NFL team where fans can buy an ownership stake. The Packers are the only community-owned team in the NFL.<\/p>\n\n\n\n

Back in 2021, the team held its sixth-ever stock sale, which raised $65.8 million\u00a0through the sale of about 198,000 shares at $300 each, according to the Green Bay Press-Gazette.<\/a> During that February 2021 sale, the Packers picked up 176,160 new shareholders, bringing to current total to more than 537,000.<\/p>\n\n\n\n

The NFL requires the money raised by stock sales to be used only for stadium projects that will benefit fans. <\/p>\n\n\n\n

The last time the Packers held a stock sale was in 2011. Shares were sold at $250 per. According to NFL.com,<\/a> the 2011 sale raised $64.7 million. The Packers also held stock sales in 1923, 1935, 1950, and 1997. <\/p>\n\n\n\n

The stock has no monetary value<\/a> and can't be traded in the open markets. <\/p>\n\n\n\n

In a release to promote the Packers stock sale in 2021, the team stressed those purchasing stock should not do so with the intention to make a profit. <\/p>\n\n\n\n

“Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits,” the release read, per Packers.com.<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

A look at the unique ownership of the Green Bay Packers.<\/p>\n","protected":false},"author":145,"featured_media":1564705,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[4919],"acf":[],"yoast_head":"\nWho Owns the Green Bay Packers?<\/title>\n<meta name=\"description\" content=\"The Green Bay Packers are unique to the NFL because of their ownership status. 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