Packers stock price license#
Packers stock price plus#

If the fans are willing to contribute their cash to the cause with nothing but a piece of paper and an invitation to the annual shareholders meeting in return, that’s their right. Indeed, it’s amazing that other teams haven’t found a way to shave off a few percentage points of equity for a similar money-for-nothing deal. But that doesn’t keep people from buying it. The Packers bylaws and NFL rules severely restrict transfers of Packers stock.” The Packers believe offerees and purchasers of Packers stock will not receive the protection of securities laws with respect to any offering or sale of Packers stock. Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits. Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. Tags Aaron Rodgers Green Bay Packers Top Stories. How Tom Brady Retirement News Is Impacting The Sports Betting World. The Packers will have no obligation to repay the amount a buyer pays to purchase Packers stock. Recent news which mentions Green Bay Packers. Consider the language of the official release from the team announcing that the sixth stock sale in franchise history, which commences on Tuesday, November 16: “Stock in the Packers does not constitute an investment in ‘stock’ in the common sense of the term.

Packers stock price license#

And the certificate becomes the ultimate piece of memorabilia, an official license to say “we” when referring to victories and defeats.īut don’t take my word for it. They are a publicly owned corporation.Īs publicly-owned corporations go, the Packers are also unique. This is our way of making sure the Green Bay Packers stay the Green Bay Packers,' added Carol Haesle.As NFL teams go, the Packers have a unique structure. 'I think the biggest reason we do it is we know how hard it is for small-town America to compete with those big cities. 'I am not sure if it would help the Packers that much, but they get an even bigger fan out of me and my family,' said Fritz Wagner.Īnd all too many more just want to continue showing their support for their team, a team that has no problem going toe to toe with anyone in the NFL. And they realize it's a way to support the organization and particularly improve or continue to invest in Lambeau Field and improve the fan experience,' said Murphy.īut many fans, well they really just want the claim to fame that acknowledges that they are officially an owner. 25, the team will raise 90 million, exclusive of handling fees. GREEN BAY The Green Bay Packers sold more than 33,000 shares Tuesday during the first three hours of their sixth stock sale, and 83,000 shares, or 25 million worth, by the end of the first. If all shares are sold by the time the sale ends on Feb. And on the to-do list according to Murphy is a continued renovation of Lambeau Field's concourse and new video boards throughout Lambeau. GREEN BAY The Green Bay Packers stock sale raised 54 million through Wednesday, which resulted in 165,000 of 300,000 shares sold. Money that must be used for stadium upgrades. The Packers hope to raise about $90 million through the stock sale.

A total of 5,000 was raised through the sale of 1,000 shares at 5 apiece. The team is owned by the stockholders, whose stock price cannot go up or down. 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 an corporation. Technically, it is the stock that is non-profit not the Packers organization. The second I saw it on the Packers website I was like we're doing it again,' said David Haesle. Stock sales A 1923 Green Bay Packers stock certificate, as displayed at the Green Bay Packers Hall of Fame. I mean how many chances do you get to own part of a football team or any team,' said Packers fan Helen Pfaff of Illinois.Īnd even some of the five million current fans who already have a share in the team are prepared to break out their money again and reinvest in the Packers. And as of 11 am on Tuesday the Packers estimate that fans had already spent $10 million for a piece of paper acknowledging their investment.

Packers stock price plus#

'We don't have wealthy owners, but we have tremendously loyal fans and shareholders who have a vested interest in the organization,' said Murphy.įor $300 plus a $35 handlers fee, fans can become the newest stakeholders of the team.

On Tuesday the Packers CEO and President Mark Murphy announced that for the first time in a decade, fans can once again become partial owners of the Packers. But, it turns out fans are still eager to get their hands on a share. Each share costs just over $300 with the handler's fee but the Packers reminded fans that the stock doesn't pay dividends or come with any stake in the team. For the first time in a decade, the Packers put team stock on sale. (NBC 26) - Tuesday was a busy day at Lambeau Field.