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The Packers are the only non-profit, community-owned major league professional sports team in the United States.
The team's elected president represents the Packers in NFL owners meetings, unless someone else is designated. During his time as coach, Vince Lombardi generally represented the team at league meetings in his role as general manager, except at owners-only meetings, where the team was represented by president Dominic Olejniczak.
Green Bay is the only team with this form of ownership structure in the NFL; such ownership is in direct violation of current league rules, which stipulate a limit of 32 owners of one team and one of those owners having a minimum 30% stake. However, the Packers corporation was grandfathered in when the NFL's current ownership policy was established in the 1980s.
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoThe "Articles of Incorporation for the Green Bay Football Corporation" were signed in 1923.
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Do the Pittsburgh penguins have publicly owned stock?
The short answer is no, the Penguins are not a publicly traded company. They are currently owned by former player Mario Lemieux and businessman Ron Burkle. There are currently no major professional sports teams in North America that are publicly traded; however, some, such as the New York Knicks and New York Rangers, are owned by companies that are publicly traded (in this case, Madison Square Garden, Inc.) Also, the Green Bay Packers are a nonprofit company -- the only major sports team to be publicly owned. They have over 112,000 shareholders, mostly people in the Green Bay area whose shares are passed down the family line. Even so, it is not possible to simply buy a share of the team. In fact, there have only been four stock sales since 1923, the year when the Packers were incorporated as a public organization.
Does the SEC requires that publicly owned corporations submit financial statements to it each year?
yes
What year did wal-mart stocks become publicly traded?
1970:Wal-Mart becomes a publicly traded company.
What year did Brett favrE play his first game for the packers?
His rookie year was with the Falcons in 1991, but his first year with the Packers was 1992.
Who owns Heinz Field?
Lambeau Field is owned by the city of Green Bay, and controlled by the Green Bay/Brown County Professional Stadium District. The Packers occupy the stadium under terms of a 30-year lease signed in 2003. The stadium was renovated from 2000-2003, with funding from the sale of Packers' stock to the public and a Brown County sales tax increase.Source: Packers web site
Are The Steelers better than the packers?
No this year 2011-2012 the packers have proven to be better
What year lombardi packers became head coach?
His first season with the Packers was in 1959.
Were the Green Bay Packers ever known as the pickle packers?
no 7 year old
Why do you think packers will win this year?
They cant
Who will the packers be facing at the Super Bowl?
It depends on two things.... 1. What year will the Packers next be in the Super Bowl... 2. Who will have won the league playoffs to play against the Packers in that same year.... I think you are just a big Packers fan hoping that they will make it through the playoffs to be in the Super Bowl this year, good luck....
What year did Ed West play for the Green Bay Packers?
1984-1994 for Green Bay Packers.
Do buffalo come year round in South Dakota?
Bison (aka buffalo) live year round in South Dakota. Custer State Park, in the Black Hills of South Dakota, has one of the largest publicly owned bison herds in the world.
