Approximately 537,460 fans currently own the Green Bay Packers, making them the only publicly owned major professional sports team in the United States. This unique structure allows fans to purchase shares of the non-profit Green Bay Packers, Inc., thereby becoming part-owners of the iconic NFL franchise.
The Packers' Unique Ownership Model
Unlike traditional sports franchises that are typically owned by a single individual or a small group of wealthy investors, the Green Bay Packers are owned by their fans. This democratic ownership model fosters an unparalleled connection between the team and its dedicated fanbase. The shares, while providing a sense of ownership and a decorative certificate, do not pay dividends, cannot be traded, and offer no season ticket privileges. Their primary value lies in the unique opportunity to support and be a part of the team's enduring legacy.
Key Ownership Statistics
The Packers' corporate structure allows for a broad base of ownership, reflecting a truly community-rooted team. Here's a quick look at the current figures:
| Aspect | Detail |
|---|---|
| Number of Owners | Approximately 537,460 |
| Total Shares Issued | Approximately 5,200,000 |
| Last Stock Sale | 2021 |
History of Stock Sales
The fan ownership model has evolved through several public stock sales over the decades, allowing new generations of fans to become owners. These sales are crucial for funding stadium improvements, operational costs, and ensuring the team remains competitive and deeply rooted in its community.
The six stock sales that have occurred throughout the franchise's history are:
- 1923
- 1935
- 1950
- 1997
- 2011
- 2021
Each sale has expanded the pool of fan-owners, reinforcing the team's deep ties to its supporters. This model ensures the team's stability and helps prevent it from relocating, a common concern for teams in smaller markets. For more in-depth information about the Green Bay Packers' unique corporate structure, you can explore resources like the Green Bay Packers, Inc. Wikipedia page.
