Bum bum bum, da bum bum bum..Go Pack, Go!

Publicly owned and traded. I think there are 122k shareholders.

"Shares of stock include voting rights, but the redemption price is minimal, no dividends are ever paid, the stock cannot appreciate in value, and there are no season-ticket privileges associated with stock ownership (damn)."
 
my understanding was that packer stock could not be traded. you could either will it to a direct relative or sell it back to the Packers for something like 5 cents. One of the guys at my dads bar has one share. He want's dad to do Free Beer for Packers Stockholders for the super bowl.
 
That is utterly cool. I don't like pro football because many of the players and owners have minimal stake in the municipalities in which they play, hence teams can up and move at the drop of the proverbial hat while they shaft those municipalities.
 
From Wikipedia:

In 1923, the Packers were incorporated in Wisconsin as a nonprofit corporation, with stipulations that if the Packers were sold, all assets would be transferred to the Sullivan-Wallen Post of the American Legion in order to build a "proper soldiers memorial."
The team created the Green Bay Packers Foundation in December 1986. The foundation assists in a wide variety of activities and programs that benefit education, civic affairs, health services, human services and youth-related programs. At the team's 1999 annual stockholders meeting, it was voted to make the foundation the recipient of any remaining assets if the team were to be sold or dissolved.


The Packers are the only non-profit, community-owned franchise in American professional sports major leagues.[18] Typically, a team is owned by one person, partnership, or corporate entity, i.e., a "team owner." The lack of a dominant owner has been stated as one of the reasons the Green Bay Packers have never been moved from the city of Green Bay, a city of only 102,313 people as of the 2000 census....

Another stock sale occurred late in 1997 and early in 1998. It added 105,989 new shareholders and raised over $24 million, money used for the Lambeau Field redevelopment project. Priced at $200 per share, fans bought 120,010 shares during the 17-week sale, which ended March 16, 1998. As of June 8, 2005, 112,015 people (representing 4,750,934 shares) can lay claim to a franchise ownership interest. Shares of stock include voting rights, but the redemption price is minimal, no dividends are ever paid, the stock cannot appreciate in value (though private sales often exceed the face value of the stock), and stock ownership brings no season ticket privileges. No shareholder may own over 200,000 shares, a safeguard to ensure that no individual can assume control of the club. To run the corporation, a board of directors is elected by the stockholders.
The team's elected president represents the Packers in NFL owners meetings, unless someone else is designated.

http://en.wikipedia.org/wiki/Green_Bay_Packers
 
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what do you call 60 men sitting around watching the Super Bowl? --------> The Bears.
 
My brother owns a share. The certificate is framed and hangs on a wall.

Despite that, I still root for them.

Go Cheeseheads!!!!
 
Regardless of what Wikipedia says, I'm pretty sure the 1997-98 stock issue shares do NOT have voting rights, unless something has changed since then.

steingar said:
That is utterly cool. I don't like pro football because many of the players and owners have minimal stake in the municipalities in which they play, hence teams can up and move at the drop of the proverbial hat while they shaft those municipalities.
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I believe that's what prompted the current Packers model - An owner who wanted to move. Enough folks in the community kicked in money to keep them there via the non-profit corporation that currently exists.

It really is cool. It's also why the Packers truly are "America's Team" - There are Packers owners (stockholders) in all 50 states.

The other thing that's neat is the way the community supports the team. Despite the city of Green Bay having a population that's not even 50% greater than the stadium's capacity (about 102K population vs. 73K stadium capacity), the stadium has been sold out for every game for half a century. In fact, the entire stadium is season ticket holders (with the exception of a few hundred "lottery" seats added for Brown County residents during the latest renovation) and the waiting list for season ticket holders would fill the stadium AGAIN. The turnover rate of the season tickets is in the double digits per year, so the waiting list extends longer than I'll be alive! Another often-overlooked fact is that there are many more current season ticket holders than seats in the stadium - Until 1995, the Packers played three "home" games a year in Milwaukee, so there is another entire set of Milwaukee season-ticket holders, who get the tickets to two of the Lambeau games per year.

And, of course - How many other teams play in a non-commercially named stadium? Lambeau Field was named after Packers founder E. L. "Curly" Lambeau. Not RCA, not 3Com, not Invesco...

So... The Pack is the little guy's team, the average American's team... And they're goin' to the Super Bowl! Woooooooooooo! Go Pack! :D
 
Yeah, the Steeler's owner is Ambassador to Ireland. Not exactly a local boy these days.
 
tonycondon said:
he didn't say fans, he said owners
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"Ownership" does not automatically bestow the title "America's team" ( a made-up marketing leftover from the days the Cowboys claimed the moniker).

Michael -- Dan Rooney is Ambassador to Ireland. Art Rooney II is the President of an ownership group made up of several people (including John Stallworth).

I'm not from here but have learned that the Rooneys are very highly regarded in the area for a number of reasons, including their commitment to the area and the franchise. Players, support staff, coaches, and the rest all are consistent in their praise of the organization's values and approach.

That comes from the top.

The Pittsburgh Penguins are following the same path and have endeared themselves to the local community in many ways besides winning a Stanley Cup.

Mario Lemieux has led the way after a rocky few years of wrangling over the new arena.

It's a small, big town, and you can't treat people like crap and expect much from it. The Pirates seems to be learning that lesson, and we will have to see.

The Bengals obviously have not.
 
flyingcheesehead said:
Regardless of what Wikipedia says, I'm pretty sure the 1997-98 stock issue shares do NOT have voting rights, unless something has changed since then.

So... The Pack is the little guy's team, the average American's team... And they're goin' to the Super Bowl! Woooooooooooo! Go Pack! :D
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2010 Shareholders Meeting

The annual Packers shareholders' meeting will be held Thursday, July 29, 2010 inside Lambeau Field, starting at 11 a.m. The meeting will take place rain or shine.

Shareholders should note only one ticket for the meeting will be issued per shareholder account, even if two or more people jointly own the share. In addition, up to four additional guest tickets are allowed to be requested per shareholder account.

This will mark the seventh time the meeting will be held in the historic stadium (1998-99, 2006-09).

Shareholders are strongly encouraged to vote their proxies online. More detailed information about the meeting will be included in proxies sent to shareholders in mid June.

NFL Commissioner Roger Goodell to Attend Shareholders' Meeting




http://www.packers.com/community/shareholders.html
 
dmccormack said:
Michael -- Dan Rooney is Ambassador to Ireland. Art Rooney II is the President of an ownership group made up of several people (including John Stallworth).
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So the Steelers are owned by a small group of extremely rich individuals. The Packers are owned by everybody. Socialism baby!
 
steingar said:
So the Steelers are owned by a small group of extremely rich individuals. The Packers are owned by everybody. Socialism baby!
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Not quite. Nobody has been coerced by any government entity to buy a share in the team.
 
dmccormack said:
"Ownership" does not automatically bestow the title "America's team" ( a made-up marketing leftover from the days the Cowboys claimed the moniker).
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An 's implies ownership. Dan's Chief.

So yeah, technically, it doesn't fit - Since the USA does not own the team. However, with owners - Not fans (er, AND fans) - in every state, it sure as heck comes a lot closer than any other team.

There are more Packers *owners* than there are people in the city of Green Bay. It's rather unique among sports franchises - And very cool, IMHO.

I'm not from here but have learned that the Rooneys are very highly regarded in the area for a number of reasons, including their commitment to the area and the franchise. Players, support staff, coaches, and the rest all are consistent in their praise of the organization's values and approach.
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Nothing says they're bad people - But they're still a very few and very rich people. The Packers are owned by ordinary, everyday fans.
 
Gary F said:
Dere still celebratin up here.
http://www.youtube.com/watch?v=HTQfvx6vNVQ
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LOL... I love it! I couldn't get it out of my head for a while after I listened to it this morning. :D


Drive down to Lambeau, paaaaaark the Pinto, fire up the Weber, in any kind of weather! Poooooop a beeeeer and eeeeat te deeeer and have a brat and sauerkraut and that's the Packer Polka! :happydance:
 
Looks like Fox should be very happy with the rivalry:

New York – Green Bay and Chicago wrote the next chapter in their storied rivalry yesterday on FOX when the Packers and Bears met in Sunday’s NFC Championship Game. The much- anticipated clash scored an average audience of 51.9 million viewers and ranks as the most- watched NFC Championship Game in the early broadcast window (3:00 PM ET) ever on any network, according to figures released today by Nielsen Media Research.
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Juliett said:
But, even more annoying, is, of course, Skol Vikings

No....That's Icky.
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We have a couple of local "Here we Go..." songs that are played non stop on some of the ---- ummm -- "Zoo" stations.

Yeah, I could do without.

Those songs were meant to be enjoyed by people under heavy alcohol sedation.
 
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