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In what continues to be one of the greatest marketing schemes in NFL history, the Green Bay Packers are set to offer 300,000 “stock shares” to fans on Tuesday morning. But as the franchise has ...
A 1923 Green Bay Packers stock certificate, as displayed at the Green Bay Packers Hall of Fame. There have been six stock issues over the history of the Packers organization: 1923: Shares of stock were first sold to establish the club as a corporation. [3] A total of $5,000 was raised through the sale of 1,000 shares at $5 apiece.
The majority of fans buying stock during this sale were from outside Wisconsin. Green Bay Packers fans buy 198,000 stock shares, generate $65.8 million for Lambeau Field projects Skip to main content
The Green Bay Packers‘ sixth-ever stock sale is complete. 176,160 new shareholders are in the fold. That equated to about $65.8 million raised in the offering. What’s the significance here?
The NFL forbids corporations, religious groups, governments, and non-profit organizations from owning stakes in teams. [36] The NFL requires a controlling owner to hold at minimum a 30% stake in the team and forbids ownership groups of over 24 people; one team, the Green Bay Packers, is exempt from this under a grandfather clause and is owned by shareholders.
The Super Bowl champion Green Bay Packers got the NFL's approval this week to sell more stock to the public, but even the Pack can't compete with the buzz of another anticipated "football" stock ...
The Green Bay Packers Hall of Fame was the first hall of fame built to honor a single professional American football team. John P. Holloway, a Brown County administrator and arena director, and William L. Brault, a Green Bay restaurateur and Packers fan, co-founded the Packer Hall of Fame museum [275] in 1966.
People are free to spend their money how they like. But what Green Bay's offering is more like "PackerCoin," a paper version of cryptocurrency that can't be spent anywhere.