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Nonprofit entity
- The Packers are the only NFL club that is a publicly owned corporation, the only major professional sports franchise in the United States that is a nonprofit entity, and one of only a few such teams that are not privately held. [a] Rather than being the property of an individual, partnership, or corporate entity, they are held as of 2022 by 537,460 stockholders.
en.wikipedia.org/wiki/Green_Bay_Packers,_Inc.
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Who are the Green Bay Packers?
Green Bay Packers, Inc. is the publicly held nonprofit corporation that owns the National Football League (NFL)'s Green Bay Packers football franchise, based in Green Bay, Wisconsin. The corporation was established in 1923 as the Green Bay Football Corporation, and received its current legal name in 1935. The Packers are the only NFL club that ...
Jun 24, 2024 · The Packers have been a publicly-owned, non-profit corporation since Aug. 18, 1923. The corporation currently has around 537,460 stockholders who collectively own an estimated 5.2 million shares of stock following the sixth stock sale in franchise history that took place in 2021.
The Foundation, an entity independent of the Green Bay Packers, Inc., supports charities possessing one or more of the following goals: perpetuates a community environment that promotes...
The Green Bay Packers have been a publicly owned, nonprofit corporation since 1923. They were first organized as the Green Bay Football Corp., and then reorganized in 1935 as Green...
Dec 11, 2023 · In a sports landscape dominated by individual billionaires or massive corporations running the show, Green Bay stands nearly alone as a publicly-owned nonprofit. Rather than a Jerry Jones or Robert Kraft-type overseeing operations, the Packers are community property.
Oct 4, 2017 · Brenda Krainik and Candy Conard in Green Bay, Wisconsin share the back-story of how the Green Bay Packers came to be America’s only non-profit NFL team. More than 360,000 fans are ardent shareholders, and the concession stands at Lambeau Field are operated by local non-profit organizations.
It is this broad-based community support and non-profit structure [190] which has kept the team in Green Bay for nearly a century even though it is the smallest market in North American professional sports.
