How 538,967 'owners' -- and one president -- run the Green Bay Packers

Category: Sports

The Green Bay Packers operate as a community-owned team without a controlling owner, with a unique structure that allows shareholders to elect a board of directors. The team has undergone several stock sales to maintain operations and improve facilities, with the latest sale in 2022. The organization emphasizes a hands-off approach from the board in football decisions, focusing on winning rather than profit.

Keywords: Green Bay Packers, community ownership, NFL structure

Source: ESPN

Update At: 7/22/2024

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