The Green Bay Packers, valued at $6.3 billion, are the only publicly-owned NFL team and the sole team in all North American major sports leagues with this ownership structure, CNBC reports.
The tradition of fan ownership was initiated more than 100 years ago, with six stock offerings so far (1923, 1935, 1950, 1997, 2011, 2021), with an ownership cap of 200,000 shares per person. The first offering was $5 a share. The latest was around $300, and more than 538,000 individuals collectively hold over 5.2 million shares, according to the official team media guide.
However, the shares don’t provide dividends, can only be transferred to a family member, and have no
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