What is a Green bay packers owner?
Why do people say they are a green bay packer owner. What is a green bay packer owner? And how do you become a owner.
- whabtbobLv 69 years agoFavorite Answer
The Packers are unique. The team is considered a publicly-owned company; therefore, they are owned by their stockholders instead of individuals. So if you purchase a share of Green Bay Packer stock, you are technically one of the "owners" of the team!
Granted, your portion of ownership is tiny, but it is valid & never expires. And does this put you in a position to do things like make hiring & firing decisions for the team? No. The team still has its "Board of Directors" as any other publicly-owned company does, so owners are not in any position to promote players to the starting lineup, or get together & vote to possibly fire coach McCarthy. So it is somewhat of a novelty.
In addition, shares of Packer stock do not technically have any monetary value. My personal share cost $250, but it will not rise or fall in value, based on market conditions. So you wouldn't make this investment with any hope of financial gain.
So why would anyone make this investment? Perhaps you have to be a Packers fan to understand. There's just something indescribable about being part-owner of your own Pro Football team, a team you so closely identify with, and means so much to you. Ownership is an expression of loyalty to your team that fans of any other team -- in any other sport -- could never make. So it truly is something special that only fans of the Green Bay Packers can experience. It's not recommended as an investment vehicle, but if you are a true fan in a position to part with $250, ownership pays dividends that go beyond money!
- 9 years ago
Green Bay Packers, Inc.Source(s): wikipedia.org, packersowner.com and packers.com
- Anonymous9 years ago
You could be talking about the share they started selling this year. If you buy even the smallest of shares of the Green Bay Packers, then technically you are part owner. Although the Packers are the only team in the NFL that dosent have just one owner, the city of Green Bay owns the Packers.
- RMLv 69 years ago
If you have shares of stock in the team, you are an "owner". It is considered a public company owned by stockholders. They are currently offering shares of stock for $250 each. Your ownership is VERY limited in what you get. It is more to say you own a piece of the Packers and less about having any say in how the organization is run.
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- terry vLv 79 years ago
Packers are currently selling shares of the team for $250 plus $25 handeling.It means very little.You can never sell your shares and it doesn't pay you anything.It is just something to brag about.It also lets you go to the shareholders meeting.Go on their website for more info.
- CynthiaLv 45 years ago
Sure looks that way. But this is part of a bigger issue, the systematic infiltration of socialist ideas into American professional sports. Think about it. You got the draft that favors the weaker teams and a salary cap. The reds are in deep.
- Anonymous9 years ago
stock holders/ Public.
You become part of the owner by buying their stock for few 100 dollars
- Anonymous7 years ago
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