![]() ![]() “There is something about the fans of the team coming together to keep this team afloat that has always been in the culture of the Green Bay Packers and their fans,” Sipla said. The stocks were initially sold to help the team in a small market survive and have become a source a pride for minority owners. Packers bylaws and the NFL also “severely restrict” any stock transfer. Nor do they get any protection from securities laws. Shareholders should not expect to receive a profit. The team has no obligation to buy it back. Packers stock is nothing like a real stock. More than 250,000 shareholders became owners then. The last stock offering in 2011 was to pay for renovations to storied Lambeau Field. The Packers organization has offered fans the chance to buy stock five times since 1923, when the team became a publicly owned nonprofit corporation. “It will represent a coming together of players who want the same things that all of us do – freedom, equality, tolerance, understanding, and justice for those who have been unjustly treated, discriminated against or otherwise treated unfairly,” the team said in a statement. Still, other shareholders said they will heed the call from quarterback Aaron Rodgers to lock arms with each other in unity during the National Anthem before Thursday’s game against the Chicago Bears, a division rival. Some minority shareholders praised the team for locking arms in unity last weekend but took offense to several players on other teams kneeling in response to President Donald Trump’s criticism of players opting to protest during the National Anthem. More than 360,000 fans own more than 5 million shares in the Packers, the league’s only publicly owned franchise, according to the team’s website. He took the job in 2010 largely because it was in driving distance to Lambeau Field in Green Bay, Wisconsin, where his team plays.Īll NFL teams have diehard fans, but the Packers faithful are unique: Fans own a stake in the team, though they don’t have the same rights as the owners of other teams. “That’s all the students need to know about me,” quipped the neuroanatomist who teaches at the University of Iowa’s medical school. “That’s why we bought the land south, to make sure there’s more parking.Justin Sipla hangs the certificate of the minority share he owns of the Green Bay Packers on the wall of his office instead of his Ph.D. With all of the upgrades, Murphy isn’t too concerned about parking for the upcoming season. But they also said it would help if fans came to the games earlier. They said new ticket-scanning pedestals are capable of 850 scans per minute (Murphy said they worked really well for this past weekend’s soccer game). The team said it’s also committed to making mobile ticketing a better - and quicker - experience for fans coming to the game. And added more TVs and monitors so people can follow games even when out of seats,” Murphy said. ![]() Last year we could measure the impact and it was significant, transaction times a lot faster. Really, grab-and-go stands, getting people in and out more quickly. “Going to be a 4 or 5 year project, and we are on 4 or 5 phases. ![]() ![]() Murphy said the team benefited from a 17th game and a primetime playoff game last season.Īround Lambeau Field, Murphy said much-needed upgrades to the concourse are underway new video boards are coming, paid for with the latest Packers stock sale which ended earlier this year and construction of an underground parking structure. The Packers brought in $579 million from national and local revenue and, after $501.3 million in expenses, finished the fiscal year with a $77.7 million profit from its operations. Last Friday, the team released its financial statements showing record revenue from the 2021-22 season. CEO Murphy also noted the Packers are catching up with the Chicago Bears for the number of players in the Pro Football Hall of Fame. The Packers play the New York Giants on October 9.īesides the team’s on-field accomplishments, Packers officials also touted their work off the field, including community outreach efforts, raising money for victims of the vehicle rampage at the Waukesha Christmas parade, and donating to create a Willie Davis financial trading room at University of Wisconsin-Green Bay. The team is planning rallies are being planned overseas for fans who go to the Packers game in London because their fans travel well. They broke into cheers later when Gutekunst said he negotiated a big deal with cornerback Jaire Alexander and applauded when president/CEO Mark Murphy mentioned MVP quarterback Aaron Rodgers. The shareholders chanted “Go Pack Go” at the start of the meeting. ![]()
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