When you buy one they say it has no cash value and you can not even sell it to someone else. You do get a discount at the store and they do have a yearly shareholder meeting you can attend. If they win super bowl you can buy your own owners ring but they are pretty expensive.
I own one of these shares and I don’t really care about the fact that it isn’t worth a penny it’s just cool to have an ownership share in my favorite team. GoPackGo
thats probably why greenbay are so fond of their team. they love them so when the team loses they all get hurt along side them. thats a loyal fan base. supporting your team through thick and thin
There's a ton of loyal Packers fans that have never been to a game in person and some of them probably never will. Maybe they don't live within driving distance, but even if they do it is so difficult and expensive to get tickets. There are hundreds of thousands of Packer fans that can't get a ticket so they watch on TV, and they'll gladly spend 300 bucks every so often in order to keep the team the way it is.
It’s mostly fans from Madison, Milwaukee, Chicago, etc. who travel to Green Bay for games. Majority of the Green Bay population would have to attend the games if they wanted to fill the stadium lol
There's also an annual shareholder meeting to discuss the teams financials, and you get voting rights, like for Mark Murphys' upcoming replacement. The day of the meeting only shareholders are allowed in the proshop, and there are shareholder only merch.
@@eliyarrows2456LA & NY teams are usually already owned by owners/groups with the deepest pockets. The Lakers are the only big exception I can think of offhand.
Crazy how a bunch of billionaires decided that they are the only ones allowed to have ownership of literally everything on the planet and we just accept it
This is how the ENTIRE Bundesliga operates! Of all the major leagues in Europe the BL has the most spirited competition even with Bayern winning all the time.
@@vsocarras27 yeah Leverkusen and Wolfsburg were already owned by Bayer and VW respectively since club inception. Hoffenheim recently went back as the co-owner they made the exception for sold his shares.
Its not useless to these people. They care about their team and see it as a way to be engaged in their community in a meaningful way. Not all capitalism is greedy
It’s a common system in the rest of the world. Same thing happens with pro sports in Argentina and Germany. Teams are more like clubs with members rather than fans.
I’m a proud packer shareholder and I can tell you now that it is NOT worthless. That thing means so much more than $300 to me. It makes me feel like I’m apart of the packers, not just a fan. That stock certificate in my room is becoming a family heirloom when I die!
I mean the wait list to get season tickets is like 25 years long I imagine those people are financially incentivized to keep their team here so that their seats hold value
@@Bliitzburgh There are special stock sales that happen at random throughout the years. It can be anywhere from 5- 40 years until the next stock sale. The most recent one happened a couple years ago, so the next one might not happen for awhile.
Not to mention they have a 60 year waitlist for their season tickets.. they’ve been sold out of their tickets since 1960.. people actually leave their spot on the waitlist in their wills when they die.. that’s why the team will always stay in Green Bay.. interest and support are too high for the team to leave or to change its status as a publicly owned team.. remember this one time the team sent a newsletter saying they needed contributions to sign big players, and they more then exceeded the target .. everyone pulling in the same direction, a lot can be achieved
Fun fact! Every team in the Australian Football League is run like like this! Fans pay for a season membership and in return get to elect positions within the club. Memberships are fairly expensive but make up a decent portion of the club's revenue. Some newer clubs started out privately owned, but soon transitioned to the member owned system.
400000 people AND IM ONE OF THEM 300 BUCKS WELL SPENT GO PACK GO (also bc I own the packers and the packers own the bears I basically own 2 nfl franchises)
1) there are a couple of types of shares as they had to split unissued share for later sales. I have the 1997 issue, I can pass it on in inheritance or sell it back to the team for 2 cents. 2) you have a proportional vote based on class of shares to vote for the board of directors and run for a board position 3) you can attend the shareholders annual meeting to learn about and discuss the operations of the team 4) you get a really sharp certificate of ownership
They are not worthless. You do get a vote. It's not a very useful vote, but you get a vote. It's a vote for the board of directors who, in turn, elect the executive council who appoint the team president who serves as team owner and they pick a gm with advice of council. Also you get a discount at the packers store. So it's not worth much, but not worthless.
Saskatchewan Roughriders of the CFL are the same, and did the shares thing a few times too. They have fans across the country and whenever they are in a different city to play there is always green and white (team colours). Rider Nation forever!
Yeaaa it may be worthless but you get season tickets!!!!!!!!! Family been had season tickets now as long as i been alive thanks to this so i get to go to a game of my choice alot and its normally when we beat the cowboys
American football teams must be owned by a rich person in a suit and the fans are banned. Meanwhile German football teams must be owned by the fans with the 50+1 rule.
@@josephpeluchette191 but taxes are still being used on the team. It’s Greenbays claim to fame and probably all of their GDP. You’re foolish to think tax payer money isn’t going to them
The story of how this happened was kinda by accident. When the Packers formed in 1919, the players mainly consisted of guys who worked for the Indian ACME Packing Company, since it was written that you had to work and play football. However, the players weren't paid while they were playing, so they would allow fans in for free and ask for donations to pay the players. Soon after that happened, we get what we have today: the only publicly owned major sports franchise in US and Canada
i remember when i was young, maybe like 2009 my parents bought a share of the Packers for our family on Christmas. i didn’t understand it but i thought it was cool cause my dad said “we own the Packers”
This is everything that’s wrong with American sports. The fact that all American sports teams aren’t majority owned by the fans or the City is crazy. And the fact that they aren’t even allowed to do it is even worse.
Not really worthless when they use the money too add seats and upgrade the stadium. I’ll gladly chip in to have the largest Jumbotrons in the NFL and a game day experience that’s second to none.
You're wrong. You could never move the Packers. Immediate fan revolt like no one's ever seen. Also, the league would NEVER allow it. I don't think ppl in the new city would show up to tell them to go home. There would have to be horrific tragedy where the town got devastated worse than N.O. before they could ever move, even temporarily.
Even the idea that this one team is so special that it’s the only one that couldn’t move, there was literally 1 club in England that moved and now it’s one of the most hated
It is also why Green Bay is the smallest city in the NFL. If not for their way if doing things the team would've been long gone. Just look at the history of Ohio's or Rhode Island's teams.
Thats wild they knew how small cold and shitty their town was and it would be inevitable that they move to a better place so they sold out Be funny if the whole town was like fk this and moved to Detroit 😂 Well i just so happen to have 600 shares of the greenbay stock that id like to trade in for money. WTF U MEAN THEY WORTHLESS?
Our entire family owns packer “stock”. What’s pretty fun is, it goes to doing certain add ons, so when we go to Lambeau, we will look at a random square of concrete or string of LED lights and say “yup, I payed for that”.
you'd think it makes sense for a sports team to be owned by the people who love the team, but evidently the NFL knows better than Green Bay and the rest of the world outside the US.
It's kind of silly that the shares aren't worth anything given the money the Packers, their merch, and licensing brings in. If they can't sell them, at least pay dividends or something.
This how many sports leagues are operated outside of America And if not leagues there are often teams run this way, it’s crazy that the NFL banned fan ownership though
The cowboys got destroyed by a go fund me team in the first round LOL
I’d rather have that structure then Jerry Jones any day of the week
@@ammazer1229 FR 😂
A go fund me team with a trash QB
@@codyschexnider3863Jordan love is good
I hate my team sometimes man.
When you buy one they say it has no cash value and you can not even sell it to someone else. You do get a discount at the store and they do have a yearly shareholder meeting you can attend. If they win super bowl you can buy your own owners ring but they are pretty expensive.
I swore we got our ring for free albeit a low quality one.
I own one of these shares and I don’t really care about the fact that it isn’t worth a penny it’s just cool to have an ownership share in my favorite team. GoPackGo
You get a special shop in the nfl shop also. Stuff only available to shareholders
@@joshtracy4441
That's actually pretty cool.
Green Bay are the only major sports team doing ownership right if you ask me.
When you look outside of the US, other teams and leagues are doing similar things such as the 50+1 rule in the Bundesliga.
@@DarthTiger1 Obligatory fuck RB Leipzig
Yh In the US u mean but it’s coming to all sports everywhere cos sports r no longer about the fans
@@DarthTiger1it’s a great rule but worded so weirdly why can’t it just be 51% rule 😭
@@KingPongC327 it is named really weird lol
Not a single packers fan cares how much their share is worth
Do you know all packers fans to ever exist?
@@pharmacykeyzsI know all of them personally and none of them care how much each share is worth.
@@pharmacykeyzsweird ass reply
@@pharmacykeyzscan confirm as a packer fan, bought my first stock and hoping to buy many more. Team is worth every penny in my opinion
@@pharmacykeyzs We are told before the issue that there is no stock dividend. So it is no secret that that the stock holding is worthless.
thats probably why greenbay are so fond of their team. they love them so when the team loses they all get hurt along side them. thats a loyal fan base. supporting your team through thick and thin
Nope. That's just how little else there is to do in Wisconsin and the fans use it as justification for their alcoholism.
@@zackmarquardt5053on god
@@rideredRC51 there’s so much to do in Wisconsin lol.
@@rideredRC51True.. 😂
That’s exactly right!
Remember, they get the Milwaukee and Madison media markets too as well as most of the rest of Wisconsin
Yup. People here in Southern Wisconsin will GLADLY make the drive to see the Packers play once or twice per year.
They used to split home games between green bay and Milwaukee back in the day
There's a ton of loyal Packers fans that have never been to a game in person and some of them probably never will. Maybe they don't live within driving distance, but even if they do it is so difficult and expensive to get tickets. There are hundreds of thousands of Packer fans that can't get a ticket so they watch on TV, and they'll gladly spend 300 bucks every so often in order to keep the team the way it is.
And parts of michigan,minnesota,illinois and iowa
It’s mostly fans from Madison, Milwaukee, Chicago, etc. who travel to Green Bay for games. Majority of the Green Bay population would have to attend the games if they wanted to fill the stadium lol
There's also an annual shareholder meeting to discuss the teams financials, and you get voting rights, like for Mark Murphys' upcoming replacement. The day of the meeting only shareholders are allowed in the proshop, and there are shareholder only merch.
It’s how sports should be
New York and Los Angeles would obliterate everyone
@@blazingbattlehawk9626the salary cap doesn’t just disappear when the teams become publicly owned goober
@@blazingbattlehawk9626
yeah if the salary cap didn’t exist bozo. most super bowl winners aren’t those teams
@@FrogGuy-tt1wqyeah but they would have by far the best facilities and arenas which would attract even more players.
@@eliyarrows2456LA & NY teams are usually already owned by owners/groups with the deepest pockets. The Lakers are the only big exception I can think of offhand.
Crazy that a bunch of billionaires decided that they are the only ones allowed to have ownership of nfl teams and we just accept it
It was the 80s. I don't think anything else needs to be said.
@@lizardoclock2331as if it wouldn't become the same way even faster if it happened today 😂
@@lizardoclock2331everyones face was buried in coke or crack why pay attention to the government or corpos being shady
Crazy how a bunch of billionaires decided that they are the only ones allowed to have ownership of literally everything on the planet and we just accept it
@@lizardoclock2331the single most damaging decade for economics
This is how the ENTIRE Bundesliga operates! Of all the major leagues in Europe the BL has the most spirited competition even with Bayern winning all the time.
Yup the 50+1 rule of 1998 I’ve heard of it the only exceptions to this rule for clubs are VfL Wolfsburg, TSG 1899 Hoffenheim, and Bayer 04 Leverkusen
@@vsocarras27 yeah Leverkusen and Wolfsburg were already owned by Bayer and VW respectively since club inception. Hoffenheim recently went back as the co-owner they made the exception for sold his shares.
there’s like a good 5-6 teams that are exempt from this iirc
If only the Bundesliga had a cap space, then it would probably be the most fairest league.
@@crimsonsnow2469but then no one would want to go there
Its not useless to these people. They care about their team and see it as a way to be engaged in their community in a meaningful way. Not all capitalism is greedy
It’s a common system in the rest of the world. Same thing happens with pro sports in Argentina and Germany. Teams are more like clubs with members rather than fans.
This is actually a similar system to the Bundesliga in Germany and my hometown team the Cairns Taipans in Australia’s National Basketball League.
Packers need money and the fans just give 90 mil without hesitation.
Absolutely, we love our team and show it.
I’m a proud packer shareholder and I can tell you now that it is NOT worthless. That thing means so much more than $300 to me. It makes me feel like I’m apart of the packers, not just a fan. That stock certificate in my room is becoming a family heirloom when I die!
You're passing a devalued penny down every generation lol.
I mean the wait list to get season tickets is like 25 years long I imagine those people are financially incentivized to keep their team here so that their seats hold value
How exactly does one go about buying one of those shares?
@@Bliitzburgh There are special stock sales that happen at random throughout the years. It can be anywhere from 5- 40 years until the next stock sale. The most recent one happened a couple years ago, so the next one might not happen for awhile.
@@ShadowSoccerAddict that’s really cool
Huh that makes more sense why they are the definition of ride or die for that team they deadass fund them 😭
This is why, despite what anyone in the media says, GB will always be America’s team 🇺🇸
Not mine. This comes off as pathetic. 😂
Not to mention they have a 60 year waitlist for their season tickets.. they’ve been sold out of their tickets since 1960.. people actually leave their spot on the waitlist in their wills when they die.. that’s why the team will always stay in Green Bay.. interest and support are too high for the team to leave or to change its status as a publicly owned team.. remember this one time the team sent a newsletter saying they needed contributions to sign big players, and they more then exceeded the target .. everyone pulling in the same direction, a lot can be achieved
I think it’s cool. Like buying a player’s jersey or team logo covered stuff.
I would buy it if they did it for the Raiders
Raiders are a hot potato nobody wants 😂
Fun fact! Every team in the Australian Football League is run like like this! Fans pay for a season membership and in return get to elect positions within the club. Memberships are fairly expensive but make up a decent portion of the club's revenue. Some newer clubs started out privately owned, but soon transitioned to the member owned system.
400000 people AND IM ONE OF THEM 300 BUCKS WELL SPENT GO PACK GO (also bc I own the packers and the packers own the bears I basically own 2 nfl franchises)
Nice
I love it! I never thought that I owned 2 franchises before! Sweet! Go Pack Go!
I do too lets goooooo packers!!!
You're braindead.
You own three franchises because of the Cowboys
1) there are a couple of types of shares as they had to split unissued share for later sales. I have the 1997 issue, I can pass it on in inheritance or sell it back to the team for 2 cents.
2) you have a proportional vote based on class of shares to vote for the board of directors and run for a board position
3) you can attend the shareholders annual meeting to learn about and discuss the operations of the team
4) you get a really sharp certificate of ownership
They are not worthless. You do get a vote. It's not a very useful vote, but you get a vote. It's a vote for the board of directors who, in turn, elect the executive council who appoint the team president who serves as team owner and they pick a gm with advice of council.
Also you get a discount at the packers store.
So it's not worth much, but not worthless.
Saskatchewan Roughriders of the CFL are the same, and did the shares thing a few times too. They have fans across the country and whenever they are in a different city to play there is always green and white (team colours). Rider Nation forever!
Yeaaa it may be worthless but you get season tickets!!!!!!!!! Family been had season tickets now as long as i been alive thanks to this so i get to go to a game of my choice alot and its normally when we beat the cowboys
American football teams must be owned by a rich person in a suit and the fans are banned. Meanwhile German football teams must be owned by the fans with the 50+1 rule.
There's also a suite for viewing if you own part of the team and want to watch a game.
not for the person who has one stock its for the person who has 10000 stock. They still favor the rich and not the fans.
Its worth it for the team. Team spirit is its true value.
I dont even care for sports but i find that so cool.
Thats it make a rule to keep the rich rich next we make tax payers pay for our stadiums and threaten them when they say no
Tax payers still would have to pay if greenbay wanted a new stadium
@jordanhelton2409 they own it thats was the point
@@josephpeluchette191 but taxes are still being used on the team. It’s Greenbays claim to fame and probably all of their GDP. You’re foolish to think tax payer money isn’t going to them
The guy right before the halfway point is called Tundra Man! Super cool guy. A little quiet though. His seats are right next to my season seats!
Actually very wholesome way of preventing big corpa from doing deals with city government.
Sort of what Europe has been doing since forever
It pretty much how college sports work in the US
As a Vikings fan, well played, our Green and Yellow nemesis!
The only reason they made it illegal was so they didn't have to pay the fans. That's it they should at least get tickets
The story of how this happened was kinda by accident. When the Packers formed in 1919, the players mainly consisted of guys who worked for the Indian ACME Packing Company, since it was written that you had to work and play football. However, the players weren't paid while they were playing, so they would allow fans in for free and ask for donations to pay the players. Soon after that happened, we get what we have today: the only publicly owned major sports franchise in US and Canada
There are many publicly owned major sport franchises in America and Canada.
Even as a Lion fan, I think this is the coolest way to run a team. I get why the fandom runs so deep now.
Packers shareholder checking in. I get emails as an owner lol.
As an owner of Packer Stock, I can wholeheartedly say that we know they're "worthless," but they're a novelty, and that novelty is priceless to us.
😂😂
this is a way way better system than we have with teams getting cities to jack up taxes.
i remember when i was young, maybe like 2009 my parents bought a share of the Packers for our family on Christmas. i didn’t understand it but i thought it was cool cause my dad said “we own the Packers”
Wisconsin sports are close to a cult. I'm proud of it.
That is what you call fan loyalty
Packer fans do get to vote on team operations with the stocks
This is everything that’s wrong with American sports. The fact that all American sports teams aren’t majority owned by the fans or the City is crazy. And the fact that they aren’t even allowed to do it is even worse.
And it always will. They get funding through taxes as well. But I don't see the fan base dying off enough to sell to a majority owner.
fans pay it because how cool is it to say you own a part of your favorite nfl team
That's how most big European football teams are operated. Especially in Germany. The team belongs to the fans
Only the Bundesliga teams and a few teams in Spain. Other teams are owned by a single person or a group
Not really worthless when they use the money too add seats and upgrade the stadium. I’ll gladly chip in to have the largest Jumbotrons in the NFL and a game day experience that’s second to none.
John Green (author/podcaster) does the same thing with a small soccer team called AFC Whimbledon
Yeah I can see why they call them cheese heads now
You're wrong. You could never move the Packers. Immediate fan revolt like no one's ever seen. Also, the league would NEVER allow it. I don't think ppl in the new city would show up to tell them to go home. There would have to be horrific tragedy where the town got devastated worse than N.O. before they could ever move, even temporarily.
I’ve never met a packers fan that’s actually from Wisconsin
My dad is one of the share holders
I planned on buying stock in the packers, guess not anymore if it’s gonna be worthless😂
And how you have generations of dedicated fans. Do it like europe.
We should do all sports like this
Green Bay is doing it right
I love how this is such a foreign concept ONLY to Americans
Even the idea that this one team is so special that it’s the only one that couldn’t move, there was literally 1 club in England that moved and now it’s one of the most hated
This type of thing, along with having an amazing front office and 3 straight HOF QBs are why I'm happy I'm a packer fan
Yeah, I have one share
It is also why Green Bay is the smallest city in the NFL. If not for their way if doing things the team would've been long gone. Just look at the history of Ohio's or Rhode Island's teams.
I still have my Patriots stock certificate from before the rule, we let them buy us out.
The Original "Established Titles"
That's cool. As bad as Washington is I'd throw in for a piece like this. Was curious when snyder was selling if that could of been an option.
They're getting hosed and take pride in it!
Every team in sports should be this way.
Thats right baby, best fans in sports. Go pack go
I like the packers even more now, they are probably in the top 5 of my favorite teams
GO PACK GO 🏈
Wow 400,00! The Indianapolis Indians baseball team only had 6,672 share holders. But, after the buy backs it’s down to about 200 people today.
value is in the eye of the beholder.
only american sports team that can be compared to any european in terms of passion then
A neat way to get around the bad look of vying for a tax break.
So for 300$ you own 3 teams...not bad
My dad has a small share of ownership
Thats wild they knew how small cold and shitty their town was and it would be inevitable that they move to a better place so they sold out
Be funny if the whole town was like fk this and moved to Detroit 😂
Well i just so happen to have 600 shares of the greenbay stock that id like to trade in for money. WTF U MEAN THEY WORTHLESS?
Our entire family owns packer “stock”. What’s pretty fun is, it goes to doing certain add ons, so when we go to Lambeau, we will look at a random square of concrete or string of LED lights and say “yup, I payed for that”.
Go Pack Go!!!!
This needs to happen more. NFL should change that rule ownership rule. That way, teams cannot move to different cities or, areas.
That's actually pretty dope
I brought 2 shares in 2021. Never brought shares before. I know they are worthless but not to me. Go Pack Go!
i own part of the packers!!! go pack go 💚💛🏈
And this is why The Green Bay Packers are such a legendary team!!! Oh and F@#K DA BEARS!!!😂😂😂
Millionaire/ billionaire owners have cities/ states spend hundreds of millions building stadiums to keep the area team. Taxpayers fleecing bigtime.
More owners than seats in the stadium 😅 Much respect to the pack from a Lions fan 90 minutes from Lambeau
you'd think it makes sense for a sports team to be owned by the people who love the team, but evidently the NFL knows better than Green Bay and the rest of the world outside the US.
I have a coworker that’s “part owner” of the Packers. He loves that damn piece of paper. LoL
Got my momma one in 2021, and when they do it again I'll get myself one. Love the pack.
Packer fans are amazing. I'm a cheese lover in Texas.
It's kind of silly that the shares aren't worth anything given the money the Packers, their merch, and licensing brings in.
If they can't sell them, at least pay dividends or something.
Go pack go!!!!!
They are just a German team
Im a shareholder lol 😆 😅
Wow! Did.NOT.know this
Probably would be good to credit FoolishBB on the Maddux video since it has the overlay from his vid on that game
This how many sports leagues are operated outside of America
And if not leagues there are often teams run this way, it’s crazy that the NFL banned fan ownership though
Love it!
You’re missing a big point. They buy the shares so the team doesn’t have to dip into tax money to stay in state.
We do get voting rights towards team operations such as who gets to set on the board of directors. So not 100% worthless.
Every Packer fan already knows this!!!!!!