answersLogoWhite

0


Best Answer

The public. Green Bay are the only nfl team to not have an owner. All money earned goes back into the club.

---------------

The Packers are deeply rooted in the Wisconsin city where they were founded in 1919. They were named after a local meat processing plant, the Indian Packing Company, which paid for the first uniforms. Starting in the 1920s, the Green Bay Football Corp. made a series of public stock offerings. In 1950, 1,900 local residents each put up $25 a share to buy the team.


From the Packers' web site:


"Green Bay Packers, Inc., has been a publicly owned, non-profit corporation since Aug. 18, 1923, when original articles of incorporation were filed with Wisconsin's secretary of state.

A total of 4,750,937 shares is owned by 112,120 stockholders -- none of whom receives any dividend on the initial investment.

The corporation is governed by a board of directors and a seven-member executive committee.

One of the more remarkable business stories in American history, the team is kept viable by its shareholders -- its unselfish fans. Even more incredible, the Packers have survived during the current era, permeated by free agency and the NFL salary cap. And, thanks in large part to Brown County's passage of the 2000 Lambeau Field referendum, the club will remain solvent and highly competitive well into the future due to its redeveloped stadium.

Fans have come to the team's financial rescue on several occasions, including four previous stock sales: 1923, 1935, 1950 and 1997.

To protect against someone taking control of the team, the articles of incorporation prohibit any person from owning more than 200,000 shares."


From a proud shareholder from the '97 sale.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

6y ago

The Green Bay Packers are owned by the city of Green Bay and have stock holders. The Green Bay Packers can not move to any other city.

This answer is:
User Avatar

User Avatar

Anonymous

Lvl 1
4y ago

Packers need ownership for green bay packers

This answer is:
User Avatar

User Avatar

Anonymous

Lvl 1
4y ago

The citizens of wisconsin

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Who owns the Green Bay Packer team?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the Green Bay Packers roster?

The Green Bay Packer current roster is on the Green Bay Packer website.http://www.packers.com/team/roster.html


Who does Green Bay Packers belong to?

The Packer team belongs to the people of Green Bay


Who was the last Green Bay Packer to be inducted into the Green Bay Packer's Hall of Fame?

Brett Favre was the last Green Bay Packer to be inducted into the Green Bay Packer's Hall of Fame.


Who on the green bay packer team has been on a super bowl team?

Aaron Rogers


Which NFL team is the Green Bay Packers Hat made for?

The popular Green Bay Packer hat is made for the highly acclaimed football team the Green Bay Packers. They have many fans and continue to play football today.


Is the green bay packer team a non profit organization?

Yes. The Green Bay Packers are the only non-profit major league professional sports team in the United States.


Is there a Green Bay Packer from Montana?

no


What is the Value of a 1997 football signed by entire green bay packer football team?

probaly about $100


Where is the Green Bay Packer Hall Of Fame Inc in Green Bay Wisconsin located?

The address of the Green Bay Packer Hall Of Fame Inc is: 1245 Lombardi Ave, Green Bay, WI 54324-0287


What Green Bay Packer holds the key to the city of Green Bay?

Bart Starr


What are Green Bay Packer trademarks?

G


What is Lil Wayne's favorite football team?

The New England Patriots