Who Owns The Green Bay Packers

The Green Bay Packers are one of the most iconic and beloved franchises in the National Football League (NFL), but who actually owns the team?

The Green Bay Packers have been owned by a group of community shareholders since its founding in 1919, making it the only non-profit, community-owned major league team in the United States.

There are currently over 360,000 shareholders in the franchise, with the vast majority of them located in Wisconsin. Each shareholder is allotted one vote in the team’s annual election of directors. These seven members of the board of directors are chosen to select the team’s officers and represent the shareholders in decisions made by the franchise.

The Green Bay Packers organization is structured as a public corporation, a form of business entity that is authorized by state laws. This means that individual shares are not publicly traded on a stock exchange. Shares are only available for purchase through a purchase offer from the team itself.

The organization is run by a Board of Directors which consists of seven members. These seven individuals oversee the team’s operations and are tasked with making sure the shareholders’ interests are met.

The team is currently owned by the Green Bay Packers Board of Directors and millions of shareholders. These shareholders, who own the team, view their responsibility to the team, the fans, and the community, as more important and powerful than any individual’s control.

In conclusion, The Green Bay Packers are owned by the Green Bay Packers Board of Directors and its millions of shareholders, which makes it the only non-profit, community-owned major league team in the United States. This shared ownership model is rare in professional sports, but has allowed The Green Bay Packers to remain an iconic and beloved franchise in the NFL today.