It seems so obvious that it stands for "Green Bay" that I started wondering myself if there might not be more to it. It turns out that the story is that the person who designed the logo intended for it to represent "Greatness."
Somewhat countering this notion is the fact that at one time the team occasionally used an alternative logo consisting of the letters G and B superimposed; both were somewhat "stretched"... the G horizontally, just like it is in the current official logo, and the B vertically.
I've heard two things, that it stands for Green Bay or for greatness.
1940
The G stands for Green Bay. And the Green Bay Packers are owned by the city.
The Green Bay Packers are still the Green Bay Packers.
The Green Bay Packers are from Wisconsin. It's north of Illinois and east of Minnesota.
The packers are located in GREEN BAY, Wisconsin.
The Green Bay Packers come from Green Bay, Wisconsin.
No their from green bay,that's why there called the GREEN BAY packers
Green Bay Packers was created in 1919.
The Green Bay Packers are still the Green Bay Packers.
Green bay packers
Green Bay Packers