Tuesday, December 6, 2011

We Own The Packers!

The Packers are the only non-profit, community-owned major league professional sports team in the United States. This means if you own Packers stock then you own part of the team.

The Packers have only had four stock sales over team history: 1923, 1935, 1950 and most recently in 1997. A total of 4,748,910 shares are owned by 111,507 stockholders (no one person can own more than 200,000 shares to prevent an individual from attempting to take control of the team).

During the Sunday Packers vs Giants game, it was announced that the Packers would once again be selling stock December 6 at 8:00 am to raise money for renovations on the stadium. There would be 250,000 shares for sale for $250 a pop.

You better believe my die-hard Packers fan boyfriend and I were up at 6:30 this morning to be one of the first people to buy into the company! We bought 2 shares (one each) and we couldn't be more excited for the official certificates to get here! You better believe they are going to be framed and up on the wall : )


Merry Christmas to us!

1 comment:

Courtney N said...

"no one person can own more than 200* shares to prevent an individual from attempting to take control of the team"

oops! That was a big typo!