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Last call for non-stock stock

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With the Dow Jones Industrial Average cracking 13,000 for the first time since May 2008, you may be interested in buying some stock today.

But if you hope to buy some stock that isn’t really stock, today is the last day to do it.

The Packers’ non-stock stock sale closes on Wednesday.  According to the Green Bay Press-Gazette, the team sold as of Valentine’s Day (yet another occasion for buying someone a $250 gift that has no inherent value) 263,000 shares, raising $65.75 million.

As to the existing 112,148 shareholders, their “ownership” of the team has been considerably diluted.  But those 112,148 own more than 4 million shares, even though (as the Packers are required by law to explain when trying to sell the items)  “stock in the Packers does not constitute an investment in ‘stock’ in the common sense of the term” and “the Packers have no obligation to repay the amount a buyer pays to purchase Packers stock” and “anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits” and “the Packers bylaws and NFL rules severely restrict transfers of Packers stock.”

The first one is my personal favorite.  Stock in the Packers does not constitute “stock” in the common sense of the term.  And yet 263,000 shares of stock that isn’t “stock” in the common sense of the term have been sold.

Only the Packers, who have been publicly owned for decades, may sell stock that isn’t really stock.  Other NFL teams have privately complained that the ability of the Packers, and only the Packers, to sell non-stock stock is a license to print money.

And for good reason.  Anything else that NFL teams try to sell fans at $250 a pop costs a lot more to produce than a piece of paper.

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84 Responses to “Last call for non-stock stock”
  1. joetoronto says: Feb 29, 2012 7:26 AM

    Last call for expensive toilet paper.

  2. jenniferxxx says: Feb 29, 2012 7:31 AM

    NFL fans are used to being screwed. We should boycott all their stuff.

  3. salukis92 says: Feb 29, 2012 7:35 AM

    Written like a “true lawyer”.

  4. jimmymcnultysbottleofjameson says: Feb 29, 2012 7:38 AM

    I know someone that bought snake oil too.

  5. snarkzilla says: Feb 29, 2012 7:44 AM

    Is this your last GB stock/non-stock leering swipe for at least a week, then?

  6. nyyjetsknicks says: Feb 29, 2012 7:48 AM

    I will also be selling useless paper. How much would you pay for my worthless paper? $500? $400? $300? How about $199? That’s right you can have my useless paper for $199! If you call within the next 10 minutes, we’ll give you two pieces of paper for $199!* You would crazy to not get that deal!

  7. packattack1967 says: Feb 29, 2012 7:52 AM

    What? Damn I got hosed!!!!!!

  8. dg0122 says: Feb 29, 2012 7:57 AM

    that pic of Aykroyd looks like Rich Eisen with hair

  9. mikea311 says: Feb 29, 2012 8:09 AM

    So why cant other teams do this as long as they dont call it “stock”?

    if someone wants to by a piece of paper for $250, they should be allowed to be sod one.

  10. brianbosworthisstonecold says: Feb 29, 2012 8:13 AM

    Wayne Wichlacz is Clarence Beeks.

  11. philyeagles5 says: Feb 29, 2012 8:14 AM

    i wish my team could print money.

  12. biggerballz says: Feb 29, 2012 8:14 AM

    They should resign rodgers and offer him 1 billion shares of stock and no cash. Maybe he’s as nostalgic as all the gb fans and will take the deal. Or he has half a brain and doesn’t want worthless paper.

  13. knucklehead93 says: Feb 29, 2012 8:17 AM

    Too bad it’s not real. I’d SHORT THE STOCK after that “One and Done” playoff performance.

    Down, Down, Down.

  14. gb4mn0 says: Feb 29, 2012 8:27 AM

    Without question the author of this story is just as haughty as the rest of the jealous, impudent members of the Empty Trophy Case Gang in MN.

  15. theytukrjobs says: Feb 29, 2012 8:32 AM

    Only in Wisconsin will people line up to voluntarily pay extra taxes to help fund profit generating government facility. Ah good stuff.

  16. cleverbob says: Feb 29, 2012 8:38 AM

    What is the NFL policy on teams selling other types of financial products? I would love to purchase a large sum of Eagles bonds. I’m also heavily weighing the pro’s and con’s of opening up a Buccaneers IRA…

  17. shawon0meter says: Feb 29, 2012 8:39 AM

    Time for someone who bought this stock to compare a piece of paper to a jersey *rolls eyes*

  18. PackersHome.com says: Feb 29, 2012 8:40 AM

    What the heck are you so bitter about? Everyone, EVERYONE knows the lack of resale value to the document. What do you not understand about this? Show me one Packers fan who bought said “stock” that is running around claiming they own the Packers in a non-frivolous manner.

    It’s nothing more than sentimental value. They know it. You know it. Everyone knows it.

    Quit your damn whining about it.

  19. dfinpds says: Feb 29, 2012 8:58 AM

    A PUBLICLY owned team asking people to donate money for a “gimmick” share of stock to help that PUBLICLY owned team raise money for renovations….or a GREEDY owner blackmailing the surrounding area by threatening to move the team unless PUBLIC funds and tax dollars are used to finance a new stadium for his own profit? I’ll go with the gimmick stock……

  20. clayton43 says: Feb 29, 2012 9:07 AM

    Hey I am all for it … If a team can raise money to not have to pass on to the local taxpayer to hel p make improvements to stadium, I think is great !! I do think is crappy that only the Packers can do this but I am not going to blame them for milking it for all its worth.

  21. worldsgreatestbearsfan says: Feb 29, 2012 9:10 AM

    Aren’t there special restrictions on NFL owners? They shouldn’t be allowed to bet on NFL games, they shouldn’t be allowed to tamper with players under contract with another team. If a drunken Packers fan who is a stock “owner” sees Matt Forte at Disney World and yells out “Yah, hey der, Matt, why don’t you join the Packers, yah hey” is that considered tampering? Why is it different if Jerry Jones does it? There’s got to be other examples of things NFL owners can’t do.

  22. goupackers says: Feb 29, 2012 9:15 AM

    Well, if some rich owners are going to whine about the ability of the Packers to ask its fans for financial assistance to help them compete with the rich owners, fine. I’m going to publicly whine about how the Packers don’t have a Jones, Snyder, or Kraft to write big checks. Also, operating in a smaller market makes it more difficult to raise revenue, so fans know their role here is a little different than fans’ roles elsewhere. And quit making it sound like we’re a bunch of rubes who don’t understand what we’re doing; we know exactly what we’re doing. The intrinsic value of contributing to our national treasure is greater than the extrinsic value others get for their investments which pay financial dividends.

  23. killface4prez says: Feb 29, 2012 9:21 AM

    These comments always make it sound like you actually believe that the Green Bay fans are being duped. Do you honestly think they have any delusions that these stock shares are actually worth anything? It’s essentially the equivalent of being a college booster, donating to your favorite college team for the advancement a sports program. It’s just that this college team happens to be a pro team.

    Do I think it’s fair? No, not really. But please drop the not-very-clever “oh those fans are so stupid, they just bought $250 toilet paper” nonsense. The packers and their fans have found a way to raise millions upon millions of dollars via a revenue source not available to any other teams. And I’m supposed to believe they are stupid? In the immortal words of Homer J. Simpson, “Yeah, stupid… like a fox!”

  24. pkrlvr says: Feb 29, 2012 9:22 AM

    So lemme get this straight… The sock market is strong, jobs are growing, unemployment is shrinking, Bin Laden is dead and GM is king of the world again…..yet half the country things Obama is the worst prez we’ve ever had!?

  25. ibleedgreenngold says: Feb 29, 2012 9:25 AM

    Ok. We get it. You think the Packers stock is a rip-off. Now that we’ve established that (I wasn’t entirely sure of your position on this until I read this, your 500th story on the subject), is there any actual ‘news’ to report today?

  26. romoscollarbone says: Feb 29, 2012 9:25 AM

    These “stock” certificates, are the kind’ve thing you buy for a 10yr old for 9.99, Maybe $40 if it came framed, for his bday. I just can’t comprehend anyone who bought this.

    Correct me if I’m wrong, but the only “benefit” is a “shareholders” meeting at Lambeau in June right?

  27. mas151 says: Feb 29, 2012 9:33 AM

    I am a life long Green Bay Packer fan, I do not or would not ever purchase “stock” because after all it is just a $250 souvenir.

    But I would ask, how is the sale of stock any different than teams who sell seat license’s? The Packers are at least up front about the “worth” of the stock. Whereas in my opinion, seat licensure is nothing short of extortion.

  28. iplaybad says: Feb 29, 2012 9:37 AM

    Strangely enough people in Denver were fleeced out of a lot more than $250 to pay for the new mile high stadium. And, I get the privilege of spending $9.00 per beer. That is so much better than a voluntary donation!

  29. kagger007 says: Feb 29, 2012 9:40 AM

    Romoscolorbone

    That is the only “perk” persay, but at the end of the day you are a part owner of the team. If its not the shareholders, who is it? The shareholders endorse/vote the board of directors, who in turn select the President who runs the team. If the Shareholders decided, they could vote out the entire board and elect a new president. This is exactly how publically owned companies work. The difference here is you do not gain profits.

    You still have a vote, no matter how little it is, that decides who runs the team. That is ownership. Its not much, but its enough for the fans to feel part of the team.

    The stock has nothing to do with making money, but endorsing the board. The board usually selects its next members, but the only the Shareholders have the power to approve it.

  30. duece5 says: Feb 29, 2012 9:41 AM

    Like pigs to the slaughter, most packer fans really feel they “own” part of the team, even though the term “ownership” when it comes to REAL stock means entirely something else.

    Many a packer fans will say other non-packer fans are just “jealous”.

    Actually, it’s larger than jealousy. It is absolutely an advantage for one team to do it, and not allow 31 teams to do it. Not fair for the rest of the league, and you don’t see it in other sports.

    When competitive balance is in the cross-hairs, it’s important for non-packer fans to cry foul at the NFL for something so unbelievably imbalanced.

    Today’s NFL is not the same as it was years ago, and like rules changes within the game of football that happen each year, this should be on the table. Not necessarily to take it away from gb, but to let other teams perform the same “stock” sale for competitve balance.

  31. hodag54501 says: Feb 29, 2012 9:48 AM

    Yet again the Vikings fan who is the author misses the point, but …

    What the author also fails to point out is rather than having the “unassigned assets”(profit) go into the pocket of a billionaire(he needs a new yacht), the money goes back into the team. Fans of for-profit teams are screwed blind by the owners, yet the author and a few who can’t see the light(including the owners) still whine like little girls in the school yard.
    The author is upset his purple-clad team can’t seem to find their collective rear pieces with both hands.

  32. packfaninchitown says: Feb 29, 2012 9:51 AM

    So our team is $65m richer due to fan loyalty and support and you’re team isn’t.

    Keep whining little kiddies, your “worthless piece of paper” drivel is music to our ears…

  33. bealeman says: Feb 29, 2012 9:51 AM

    Why the hate? Some dudes (and dudettes!) have their team logos all over their cars, man-caves, kids and houses. What is wrong with proudly displaying a certified original, framed ‘piece’ of the Packers, along with photos of each of the Pack’s NFL record 13 Championships.

  34. duece5 says: Feb 29, 2012 9:51 AM

    pkrlvr says:Feb 29, 2012 9:22 AM

    So lemme get this straight… The sock market is strong, jobs are growing, unemployment is shrinking, Bin Laden is dead and GM is king of the world again…..yet half the country things Obama is the worst prez we’ve ever had!?

    duece5 says:

    Dude, I do analysis of hiring/market hiring trends.

    The unemployment rate has BARELY budged, and job “growth” is barely enough to make it trickle….it’s STILL relatively flat after years of negative total job growth under Obama…..THAT IS WHY UNEMPLOYED citizens are crying for a change of the” spending till we get vertigo” style of the democrats. Obama has spent like no pres. before him, and yet, has’nt virtually done ANYTHING to spur job growth. We are neutral at best.

    Our economy will only get on track when America gets back to work, and true unemploymet is closer to 5%. Right now, it’s nearly double that!!!! The foreclosurse are LESS because SO MANY people already defaulted, there are less of them to default, etc, etc, etc,…..yes, the current democratic team has accomplished one thing–SPEND LIKE NO OTHER!!!!

  35. Bar None says: Feb 29, 2012 9:53 AM

    I grew up in Wisconsin and thought it would be cool to own a stock just for the thought of having some connection to the team I rooted for. Knowing that my money helped improved Lambeau or one of the training facilities is kind of fun for a Packers fan. I never bought one, but this year for Christmas I got one as a gift from my girlfriend. She bought it for me because whenever I referred to the Packers as “my team” a friend would say, “oh, you own the Packers, I didn’t know that.” She thought it would be great for me to be able to say that I did own one share of the team and therefore they were my team. It is purely sentimental. And frankly my return of $0 on my Packers stock is better than the stocks I have on Wall Street.

  36. Bar None says: Feb 29, 2012 9:57 AM

    @deuce5 I would actually counter your argument saying that it is NOT an advantage for GB but simply leveling the playing field. Green Bay is the 262nd largest city in the United States. Fargo is bigger. With a city that small, it is hard to fund the surrounding expenses without a dense population.

  37. glennsyank13 says: Feb 29, 2012 10:01 AM

    Compared to the price of jerseys, 250 isnt that bad. Would you rather wear a team name on your back or rather be an actual part of the team?

  38. bluestree says: Feb 29, 2012 10:10 AM

    This article made me want to buy more Packer stock.

  39. duece5 says: Feb 29, 2012 10:14 AM

    kagger007 says:Feb 29, 2012 9:40 AM

    Romoscolorbone

    That is the only “perk” persay, but at the end of the day you are a part owner of the team. If its not the shareholders, who is it? The shareholders endorse/vote the board of directors, who in turn select the President who runs the team. If the Shareholders decided, they could vote out the entire board and elect a new president. This is exactly how publically owned companies work. The difference here is you do not gain profits.

    You still have a vote, no matter how little it is, that decides who runs the team. That is ownership. Its not much, but its enough for the fans to feel part of the team.

    The stock has nothing to do with making money, but endorsing the board. The board usually selects its next members, but the only the Shareholders have the power to approve it.

    duece5 says:

    Your “vote” means NOTHING…..read the FORBES piece….it spells it out that your “vote” is useless

    You can vote, but you have NO power to ouster anyone, due to the complexity of the ownership. It’s basically the same as the term stock—it’s not stock. And, you can “vote”, but your vote means nothing! It just makes you feel good. Read the Forbes piece that confirms this:

    http://www.forbes.com/…/green-bays-right-to-sell-stock-should-be-abolish...

  40. bordner says: Feb 29, 2012 10:32 AM

    I feel like such a sucker…

    Not because I’m a stockholder, but because I keep reading these damn articles every time they’re in here hoping that someone will actually come up with an original way to put us down. Hasn’t happened yet.

    “Do you really think you’re owners?” (I’ll let you in a little secret – we really don’t, we just keep saying that we do to piss you off), “worthless toilet paper” (wow – that’s a new one!), “Only in Wisconsin…” (right – that’s why people in all 50 states, Guam, Puerto Rico, the U.S. Virgin Islands and Canada have bought the stock).

    C’mon people!! Step up your game!!! Today’s the last day, for God’s sake!!! You probably won’t have this opportunity for another 10-12 years!!

  41. packhawk04 says: Feb 29, 2012 10:39 AM

    All owners should be able to do this. Only caveat is they must open their books to the public each year like the packers must do. Im sure the owners would be happy to do that. Just look at their cooperation during the lockout…

  42. stellarperformance says: Feb 29, 2012 10:50 AM

    Oh no….the stock means nothing? It’s just a piece of paper? I wish someone had told me sooner. This is the first I have heard anything about it. You would think it could be made clearer.

    EVERYONE…LISTEN UP… throw away your NFL-themed license plates….right away. The additional cost will get you nothing. You could have purchased regular plates at the regular price and nobody would beat you over the head about it. Stop the abuse. Throw out the memorabilia license plates for which you (by choice) spent additional funds. It was a pointless decision. Wearing your fandom on your sleeve like that will only incur the wrath of the (smarter) haters. How dare you be a fan of that nature.

  43. orcheon says: Feb 29, 2012 10:52 AM

    This must be the 5th or 6th time there has been news related to this stock sale, and you essentially just copy/pasted the previous article below it.

  44. packfaninpackland says: Feb 29, 2012 10:57 AM

    “Only the Packers, who have been publicly owned for decades, may sell stock that isn’t really stock. Other NFL teams have privately complained that the ability of the Packers, and only the Packers, to sell non-stock stock is a license to print money.”
    ————————–
    Yeah, I heard Jerry Jones was one of the biggest whiners about this.

    This from the same guy that sells luxury boxes, on the field level, behind each players bench, that have like 400 players, coaches, trainers, cameramen, league minions, and other goofs standing in front of them so that the occupants of said luxury boxes have literally ZERO chance of seeing a play live on the field, instead having to watch the game on TV’s despite being like 45 feet from the action !!

    But THAT’s okay, right Jerry ???

  45. uwsptke says: Feb 29, 2012 11:04 AM

    Boo freakin’ hoo. You know what the Packers don’t have? A deep-pockets owner who can dip into his personal bank account to provide the signing bonuses needed to acquire and keep top-flight talent. But nobody ever brings that up. No, it’s let’s laugh at those simple hill-folk for buying a worthless piece of paper, when in reality those people know that this is what the team needs to do from time to time to remain highly competitive given their ownership structure.

    This doesn’t provide some competitive advantage for Green Bay; if anything, it evens the playing field.

  46. buckybadger says: Feb 29, 2012 11:14 AM

    jenniferxxx says:
    Feb 29, 2012 7:31 AM
    NFL fans are used to being screwed. We should boycott all their stuff.

    ———————————–

    Yet here you are on a site dedicated to the NFL.

  47. buckybadger says: Feb 29, 2012 11:16 AM

    nyyjetsknicks says:
    Feb 29, 2012 7:48 AM
    I will also be selling useless paper. How much would you pay for my worthless paper? $500? $400? $300? How about $199? That’s right you can have my useless paper for $199! If you call within the next 10 minutes, we’ll give you two pieces of paper for $199!* You would crazy to not get that deal!

    ———————-

    What did that new stadium cost you taxpayers? You can poke fun all you want but tell me a better way for the fans to support their team and pass the burden on to the tax payers.

  48. stellarperformance says: Feb 29, 2012 11:16 AM

    Haters…we know what the stock is (it says “stock” on my piece of paper,) and we know what it isn’t (I don’t care if it isn’t valuable to you.) You’re the ones having a difficult time figuring it out, not us.

    For comparison…show us ANY certificate you purchased which demonstrates the financial support you willingly gave your team.

    What? You can’t?

    Now do understand?

  49. glac1 says: Feb 29, 2012 11:31 AM

    It’s a unique opportunity that only exists in Green Bay. It’s no different then buying any other sports memorabilia except no other team in sports can offer this. It must be if 31 other owners and their fan base are jealous!

  50. thejuddstir says: Feb 29, 2012 11:33 AM

    “Other NFL teams have privately complained that the ability of the Packers, and only the Packers, to sell non-stock stock is a license to print money.”……………I’ve made this comment for years, that is is grossly unfair to the other 31 teams. It gives the Packers exclusivtivity to earn revenue that they don’t have to share with the other 31 teams, whereas, all revenue the other 31 teams earn is subject to “shared revenue”by th league. In addition, the Packers own statement that this “stock is not stock in the common sense of the word” shoots the hell out of Packer fans beliefs that they own “stock” in the Packers, LOL . Another exclusive Packer rule that is unfair to he rest of the league (and I’m not talking about the right given to A.Rodgers to wear a skirt on the field) is the right to have a player jump into the stands after a TD. Every other team is penalized 15yds on the ensuing kickoff. If the Packers want to be something other than fly-over country, and be treated with the same respect the other 31 teams have earned, then they should be more than willing to want to play by the same rules as every other NFL team. If you want to be treated like the “big boys” then try acting like the big boys instead of having your own weenie set of rules.

  51. bangithard says: Feb 29, 2012 11:35 AM

    VERY INTERESTING.

    now the gray market price of my non-stock stock will be going up. With no more shares available, i can sit back and capitalize on all the people wanting ‘gifts’ for next holiday season!!

    All i have to do is sit back and create a website.

    Back in 1998, i was able to sell nearly 300 shares within 18 months and profit over $10,000

    I can hardly wait for Christmas 2012!! sell baby sell

  52. worldsgreatestbearsfan says: Feb 29, 2012 11:39 AM

    Just to note, the last renovation of Lambeau cost $295 million. $20 million was financed by “stock”, the rest by 0.5% tax hike on Brown County and PSL’s on season ticket holders.

    Also, when I buy licensed NFL gear, all revenue from that is split between the 32 teams evenly, due to the revenue sharing agreement. Effectively the Packers sell something that is just memorabilia and receive 100% of the revenue.

  53. golonger says: Feb 29, 2012 11:45 AM

    stellarperformance- of course you are still using this ignorant analogy….totally incorrect. An true analogy would be selling the license plates saying that they make your car run better….that is a better analogy.

    Anyway…last chance morons…get your useless piece of fake stock….going once…going twice!!! LOL

  54. golonger says: Feb 29, 2012 11:51 AM

    duece5, you are right but..shhhhhhhhh.Don’t tell these little boys and girls, it will burst their dream…oh, by the way, Santa Claus doesn’t exist and neither does the tooth fairy!

  55. theghostoflombardi says: Feb 29, 2012 11:55 AM

    Obviously I’m a Packer fan so I’m more than a little biased, but all of the “last chance morans!!!” comments make me chuckle a little.

    I received a share of stock from my wife for Christmas this year, and it was an awesome gift.

    No one in Wisconsin actually believes that this stock is worth anything. It’s basically a donation to the Packers’ organization. In return, you are allowed to say that you are a part owner of the Packers, which, despite the fact that you cannot resell your stock, is officially true. Owners of stock can attend stock holders meetings and do have certain privileges that others do not.

    I guess you have to be a Green Bay fan to understand why spending $250 on the chance to say “I’m an owner of the Packers” is worth it, but that doesn’t mean we’re being jipped or that we’re idiots.

    A lot of people spend money on useless things, and I think a lot of other teams would make money off of this if they could do the same.

  56. golonger says: Feb 29, 2012 11:56 AM

    buckybadger- a better way to support the team?…how about PSLs. You can buy them, sell them, they DO or CAN go up in value, and by owning these, the season ticket holder is really more of an owner than someone owning a piece of worthless paper. If someone wants to say they are more of an owner of a team by buying a piece of toilet paper than one would be owning a PSL, they are nuts..sorry!

  57. uwsptke says: Feb 29, 2012 12:03 PM

    thejuddstir says:
    Feb 29, 2012 11:33 AM

    Another exclusive Packer rule that is unfair to he rest of the league (and I’m not talking about the right given to A.Rodgers to wear a skirt on the field) is the right to have a player jump into the stands after a TD. Every other team is penalized 15yds on the ensuing kickoff.

    =====================

    This is completely inaccurate. The “Lambeau Leap” style celebration is grandfathered in and IS ALLOWED by any team in the league. No player has EVER been penalized for doing this, so please name one example where a player was penalized for jumping into the stands if you feel like wasting an enormous amount of time searching for something that never happened.

  58. The Prophet says: Feb 29, 2012 12:24 PM

    this seems so Orwellian, picturing all of these emotionless zombie people with lumps of cheese on their heads lining up silently outside of Lambeau, handing in all of their money in exchange for a worthless piece of paper … what a joke …

  59. chris6523 says: Feb 29, 2012 12:49 PM

    In regard to the comment that GM is rolling again, they really aren’t. The only reason GM is profitable is because they declared bankruptcy and therefore no longer have any debt (thus making the bailout pointless. Take that back, that allowed the union and gubmint to take ownership of the company). Because they aren’t paying the 30 billion dollars in interest they were paying, their bottom line says profit. They are still losing market share. Also, since they went through bankruptcy, they were allowed by the bankruptcy judge to cut the pay and benefits of their union workers. So, in reality stockholders (many of them being you and me through our 401 (k) plans) were left with worthless stock.

    If you’re looking for a success story in regard to an American car company, I would recommend taking a look at what Ford was able to do without help from the gubmint.

  60. buckybadger says: Feb 29, 2012 1:12 PM

    golonger, so you want to put even a bigger burden on ticket holders? So you basically saying that only the rich should be able to go to games. That is what will happen if you keep raising PSL.

    Of course the season ticket holder is doing more to support his team. This is the exact reason Goddell is listening to season ticket holders about the 18 game season and not every fan of the sport. The season ticket holders I know in Green Bay, Denver, and Detroit all want the 18 game schedule because they are the ones paying for the games.

    PSLs can only do so much. Tell me one team that is funding their stadium and teams with season ticket holders and PSLs. The ones that don’t put the burden on the tax payers have good owners like Kraft who flips the bill himself. Outside of the owner flipping the bill this stock option is the best way for fans and fans alone to help support their team.

  61. buckybadger says: Feb 29, 2012 1:17 PM

    Maybe it was just how I was raised but to me this is the correct way for a team to solicit support from their fans.

    Where I grew up people buy worthless pieces of paper to have hung at a local restaurant or tavern to support several causes. Whether it be for someone who has cancer and their family is being sapped dry on medical costs, to have the local H.S. football field redone, have the track repaved or just about anything the local people want done but don’t want to burden other tax payers. Hell they even put a skate park in my home town funded completely by people buying worthless pieces of paper.

    Packer fans have a sense of community that goes over all of your heads. They know the stock is worthless but it doesn’t change the fact they helped more than any of you support their team.

  62. duece5 says: Feb 29, 2012 1:26 PM

    buckybadger says:Feb 29, 2012 11:16 AM

    nyyjetsknicks says:
    Feb 29, 2012 7:48 AM
    I will also be selling useless paper. How much would you pay for my worthless paper? $500? $400? $300? How about $199? That’s right you can have my useless paper for $199! If you call within the next 10 minutes, we’ll give you two pieces of paper for $199!* You would crazy to not get that deal!

    ———————-

    What did that new stadium cost you taxpayers? You can poke fun all you want but tell me a better way for the fans to support their team and pass the burden on to the tax payers.

    duece5 says:

    Bucky….that is our exact point!! We would love the chance to sell worthless TP as the packers, but the NFL forbids it!!

    Green Bay wasn’t supporting their team in the 1920s, and the NFL stepped in to keep them from going bankrupt……hmmmmm.

    No owner is going to fork over close to 1 billion to put up a stadium that is not just used for the NFL…..most of these are multi-purpose stadiums-see Arizona, Indy, Detroit, Texans, and MN in the future. Not all are taxed either, some other means will be through gambling, racinos, etc.

    LEVEL TH PLAYING FIELD–TIMES HAVE CHANGED!!!!!

  63. minnysoda says: Feb 29, 2012 1:28 PM

    Too bad haters maybe if your team has been around longer than the NFL you can whine and cry. At least the Packers have been the Packers their entire existence and based in Green Bay not like some of the other OLD franchises. Can you say Decatur Staley’s Bears fans?
    Can you say Steagle’s Steelers/ Eagles Fans
    Can you say Porstmouth Spartans Lions fans?
    How many fans out there have wasted money going to games of teams that have never won a Super Bowl. LOL go ahead and hate, losers

  64. footballrulz says: Feb 29, 2012 1:30 PM

    Answer me this people, if your team needed money for expansion and decided to sell bricks for $250.00 each which would be inscribed with your name and used to create a walkway into the stadium, would you purchase one?

  65. johnnyb216 says: Feb 29, 2012 1:44 PM

    Another quality blog laced with personal jealousy and bitterness from you know who.

  66. childressrulz says: Feb 29, 2012 1:52 PM

    duece5 says: Feb 29, 2012 9:41 AM

    Like pigs to the slaughter, most packer fans really feel they “own” part of the team, even though the term “ownership” when it comes to REAL stock means entirely something else.

    Many a packer fans will say other non-packer fans are just “jealous”.

    Actually, it’s larger than jealousy. It is absolutely an advantage for one team to do it, and not allow 31 teams to do it. Not fair for the rest of the league, and you don’t see it in other sports.

    When competitive balance is in the cross-hairs, it’s important for non-packer fans to cry foul at the NFL for something so unbelievably imbalanced.

    Today’s NFL is not the same as it was years ago, and like rules changes within the game of football that happen each year, this should be on the table. Not necessarily to take it away from gb, but to let other teams perform the same “stock” sale for competitve balance.
    ____________________________
    I as a Packer fan agree with everything you say. However most of these yahoos seem to be blaming the Packers for this situation. You have no one to blame but your own teams greedy owners who do not wish to share any part of “their” team even in the proverbial hypothetical sense. I would be embarrassed to be a fan of any other team.

  67. buckybadger says: Feb 29, 2012 1:58 PM

    duece5, I actually would have no problem with other teams doing this as well but you are wrong about what most people are complaining about here. Most are saying that they are a bunch of idiots for buying them when I am saying it is the best way for the Packers to fund their renovations without taxing the citizens who may or may not be Packer fans.

  68. johnnyb216 says: Feb 29, 2012 2:11 PM

    It just wouldn’t be a negative packer stock post without an appearance from golonger now would it? We appreciate all the concern, guy.

  69. johnnyb216 says: Feb 29, 2012 2:14 PM

    Also golonger, as somebody pointed out earlier: PSL=EXTORTION

  70. contra74 says: Feb 29, 2012 2:17 PM

    footballrulz says:
    Feb 29, 2012 1:30 PM
    Answer me this people, if your team needed money for expansion and decided to sell bricks for $250.00 each which would be inscribed with your name and used to create a walkway into the stadium, would you purchase one?
    ———
    No.

  71. duece5 says: Feb 29, 2012 2:36 PM

    The Prophet says:Feb 29, 2012 12:24 PM

    this seems so Orwellian, picturing all of these emotionless zombie people with lumps of cheese on their heads lining up silently outside of Lambeau, handing in all of their money in exchange for a worthless piece of paper … what a joke …

    duece5 says:

    Well said Prophet!

    As the zombies murmur: “Me have stock, me have stock!”

    HILARIOUS!!!!

    Like pigs to the slaughter……

  72. ruvelligwebuike says: Feb 29, 2012 2:55 PM

    duece5 says: Feb 29, 2012 9:41 AM

    Like pigs to the slaughter, most packer fans really feel they “own” part of the team, even though the term “ownership” when it comes to REAL stock means entirely something else.

    Many a packer fans will say other non-packer fans are just “jealous”.

    Actually, it’s larger than jealousy. It is absolutely an advantage for one team to do it, and not allow 31 teams to do it. Not fair for the rest of the league, and you don’t see it in other sports.

    When competitive balance is in the cross-hairs, it’s important for non-packer fans to cry foul at the NFL for something so unbelievably imbalanced.
    ———————-

    Wow…did you just call Packers fans “pigs to the slaughter,” and then type three paragraphs about how unfair it is and how you’re more than jealous? Are you sure you’re not an angry, bitter, data analyst in real life?

  73. killface4prez says: Feb 29, 2012 3:11 PM

    Prophet: “this seems so Orwellian, picturing all of these emotionless zombie people with lumps of cheese on their heads lining up silently outside of Lambeau, handing in all of their money in exchange for a worthless piece of paper … what a joke …”

    —————————————————-

    I’m not sure you understand what “Orwellian” means…

  74. killface4prez says: Feb 29, 2012 3:17 PM

    duece5: “Actually, it’s larger than jealousy. It is absolutely an advantage for one team to do it, and not allow 31 teams to do it. Not fair for the rest of the league, and you don’t see it in other sports. ”

    –later that day—

    duece5: “As the zombies murmur: “Me have stock, me have stock!” HILARIOUS!!!! Like pigs to the slaughter……”

    ————————————————–

    Okay, clown, which is it? You wish your team could do it, or packer fans are a bunch of rubes because they do it? You need to pick a line of attack and stick with it, otherwise you look like some dork who can’t spell “deuce”

  75. footballrulz says: Feb 29, 2012 3:30 PM

    contra74 says:
    Feb 29, 2012 2:17 PM
    footballrulz says:
    Feb 29, 2012 1:30 PM
    Answer me this people, if your team needed money for expansion and decided to sell bricks for $250.00 each which would be inscribed with your name and used to create a walkway into the stadium, would you purchase one?
    ———
    No.
    ________________________________

    That’s the exact answer I would expect from you Contra. Glad you’re a Vikes fan..

  76. contra74 says: Feb 29, 2012 4:21 PM

    footballrulz says:
    Feb 29, 2012 3:30 PM
    contra74 says:
    Feb 29, 2012 2:17 PM
    footballrulz says:
    Feb 29, 2012 1:30 PM
    Answer me this people, if your team needed money for expansion and decided to sell bricks for $250.00 each which would be inscribed with your name and used to create a walkway into the stadium, would you purchase one?
    ———
    No.
    ________________________________

    That’s the exact answer I would expect from you Contra. Glad you’re a Vikes fan..
    ——
    Im glad Im a Vikes fan too.

  77. contra74 says: Feb 29, 2012 5:19 PM

    contra74 says:
    Feb 29, 2012 4:21 PM
    footballrulz says:
    Feb 29, 2012 3:30 PM
    ________________________________

    That’s the exact answer I would expect from you Contra. Glad you’re a Vikes fan..
    ——
    Im glad Im a Vikes fan too.

    ——-
    See, I just dont see what I get in return. All jokes aside, what would I get? Lets assume I was a Packer fan and they asked me for my money. I would hope that I get reduced season ticket prices (if I was a season ticket holder) or the ability to leap frog a few hundred on the waiting list if I wasnt a season ticket holder. I would need a little give in order for their take. Thats all Im saying. So, to your question, would I give $250 to my team if they needed help building something? No, not if all I get out of it is a worthless piece of paper like that ‘stock’. My answer would be a resounding YES if I got perks similar to reduced ticket pricing, lowered parking fees, etc etc. Im not just going to give money away. Again, all jokes aside, thats the reason why.

  78. stellarperformance says: Feb 29, 2012 5:32 PM

    golonger says:
    Feb 29, 2012 11:45 AM
    stellarperformance- of course you are still using this ignorant analogy….totally incorrect. An true analogy would be selling the license plates saying that they make your car run better….that is a better analogy.

    ================================

    Wrong again. My analogy is dead on. You’re irritated because it stopped you in your tracks…and you probabaly have NFL-themed plates on your car.

    Vanity plates help offset expenses for the State…just like the stock sale helps the Packers. And both allow the purchaser to voluntarily give their support of the team/state with a visible display that demonstrates a connection to the effort. Dead-on.

    Help the car run better…are you nuts?

  79. johnnyb216 says: Feb 29, 2012 5:47 PM

    duece5,
    the stock sale actually evens the playing field for the packers. Being in a city of only 100,000 is an incredible disadvantage when the average NFL city contains 1-2 million people. If they needed a new stadium they would have to impose a 5% tax increase vs the typical .5%. Where’s the fairness in that? I don’t really think this stock sale does anything but enable the packers to remain competitive in an extremely small market. Without this, the packers would eventually die. The NFL knows this and that’s why they allow the stock sale. Also, the NFL knows that if they lost the packers they would lose out on 16 guaranteed sellouts per year, the largest apparel sales out of any other NFL team, as well as the largest fan base out of any other NFL team. If you want to preach about competitive balance, I think that’s actually the point of the stock sale. It keeps the packers, who have no rich owner or huge metropolis to support them competitive with the rest of the league which is better for everybody when you consider they are one of the NFL’s most reliable sources of revenue. Maybe I should piss and moan every time am NFL owner uses any of his money to build/improve a stadium since the packers don’t have that resource to utilize. The door swings both ways here.

  80. johnnyb216 says: Feb 29, 2012 5:53 PM

    Stellarperformance,
    He actually is nuts. I told him he needs to see a psychiatrist once and he acted real defensive like that’s not the first time somebody’s told him that. Not even a semi witty response like I’m used to seeing from him…

  81. widogg says: Feb 29, 2012 6:31 PM

    dumbass lawyer scum from west virginny., you don”t even have a pro football team to support.

  82. contraluvscck says: Feb 29, 2012 7:17 PM

    contra74 says: Feb 29, 2012 5:19 PM
    See, I just dont see what I get in return. All jokes aside, what would I get? Lets assume I was a Packer fan and they asked me for my money. I would hope that I get reduced season ticket prices (if I was a season ticket holder) or the ability to leap frog a few hundred on the waiting list if I wasnt a season ticket holder. I would need a little give in order for their take. Thats all Im saying. So, to your question, would I give $250 to my team if they needed help building something? No, not if all I get out of it is a worthless piece of paper like that ‘stock’. My answer would be a resounding YES if I got perks similar to reduced ticket pricing, lowered parking fees, etc etc. Im not just going to give money away. Again, all jokes aside, thats the reason why.
    ________________________
    Go to a site that is discussing the queens prospects. Good luck finding one article that is bothering to mention the new bottom dwellers of the NFC North for the foreseeable future.

  83. scrapingthefloorioforstorios says: Feb 29, 2012 8:28 PM

    this is a well reasoned and intellectual article. not at all surprising, as it comes from a writer with the utmost integrity and character. kudos! some people may think it’s meant to bait packers fans, of which there are many. no, i tell you. it’s actually legit, and so is its author.

  84. cjd134 says: Feb 29, 2012 10:49 PM

    one minute… just want to smell the sweet aroma of jealousy………….yep, worth every penny.

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