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According to Packers.com, there are currently 112,088 stockholders of Green Bay Packers stock. The most recent stock sale came in 1997 and 1998 which raised over $24M for the team to use in the Lambeau Field redevelopment project. Initially priced at $200/share, it is, in fact, a lousy investment for the shareholder (except they can honestly claim to be an NFL team owner). According to Packers.com, "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. No shareholder is allowed to own more than 200,000 shares, a safeguard to ensure that no one individual is able to assume control of the club." And finally, "Shares of stock cannot be resold, except back to the team for a fraction of the original price. Limited transfer of shares (ie., to heirs and relatives) is permissible." An interesting fact is that according to the Packers original articles of incorporation (they are in fact, Green Bay Packers, Inc.) if the Packers were to dissolve or be sold, the remaining profits are to be given to a local VFW post for them to build a "proper soldier's memorial." With the Packers valued around $911M (in 2007), that would build one heck of a soldier's memorial.

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17y ago

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