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League limits Packers’ ability to sell non-stock stock

stock

Only the Green Bay Packers have a public ownership structure, via stock that isn’t actually stock because it has no appreciating value and can’t be re-sold.  Which makes it the ultimate money-for-nothing vehicle for raising money from fans who want to be technically accurate when they refer to the team as “we.”

For Packers fans who don’t already have a worthless piece of paper that says they own something that can’t be owned like shares in corporations with shares traded on the open market, they won’t be able to buy the suitable-for-framing evidence of non-ownership until the league allows them to do it again.  Packers CEO Mark Murphy recently explained how it works in his latest Q&A session on the team’s official website.

“I do not anticipate another stock sale in the near future,” Murphy said. “Any future stock sales would have to be approved by the League. Since the other teams in the League cannot conduct stock sales, the concern is that we would be at a competitive advantage if we were able to conduct stock sales on a regular basis to operate the organization. For this reason, the proceeds from any stock sale have to go directly into the stadium. If you look back over our history, we hold stock sales every 15 to 20 years. By the late 2020s, I would say that Lambeau Field would be ready for another major renovation!”

Murphy’s answer, which didn’t address the portion of the question that said “I know it really doesn’t hold any true value,” raises a point that the NFL should explore when it comes to raising money for other team stadiums in the future. Why not allow other teams to sell a small piece of their equity via non-stock stock that would give fans a chance to buy a non-piece piece of the team?

Currently, teams that need new or upgraded stadiums try to get the politicians to kick in taxpayer money. Why not go directly to the taxpayers with one hand open and the other hand holding sheets of paper telling them they own something that they don’t actually own?

As places like South Florida commencing the process of stiff-arming billionaires who want a little welfare, it makes sense to go straight to fans who would be honored to give up even more of their money in order to keep the team in town.  It’s safe to say that plenty of teams would be in favor of doing that.

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127 Responses to “League limits Packers’ ability to sell non-stock stock”
  1. tokyosandblaster says: Jul 6, 2014 4:55 PM

    I love our team. The best franchise in the sport, and it’s not close.

    >

  2. orcheon says: Jul 6, 2014 4:58 PM

    You know what’s awesome about the Packers? There’s no owner who makes individual decisions without any oversight because the Packers “non-owners” elect a board of directors which oversees the management of the team.

  3. txbearmeat says: Jul 6, 2014 5:01 PM

    *Cue the “Stupid Packer fans bought worthless paper for $300″ comments*

    Look – I couldn’t afford to buy stock when they were sold a couple years ago, but you can be dang sure the next time they are sold I will be buying. We don’t do it because we get something material out of the transaction. We do it because we love the team, it’s tradition, and the tradition the team has provided our families for decades. Once a Packer fan, always a Packer fan. The ability to be an “owner” is an additional source of belonging and pride that is unique in sports.

    Stop hating.

  4. briscocountyjr says: Jul 6, 2014 5:01 PM

    Clever angle for the Packers to sheer their fans… #worthlessstock #likeWallSt

  5. alshonbrandontandem says: Jul 6, 2014 5:04 PM

    You know the Green Bay brass laughs at all these loser fans who buy their “stock”. A hundred bucks for a piece of paper to put in a frame.

  6. briscocountyjr says: Jul 6, 2014 5:08 PM

    - The ability to be an “owner” is an additional source of belonging and pride that is unique in sports. –

    But you’re not an owner, even if you have that sheet of paper. It’s cool if you want to pretend to be one though.

  7. thestrategyexpert says: Jul 6, 2014 5:09 PM

    There’s lots of ways the NFL can encourage fans to pump more money into purchasing something or investing into the sport, and until they strive to exploit the profit potential of this industry they will just be leaving money on the table for no good reason. This league should shift from lazy attitude to laser vision.

  8. Aaron Rodgers Has Tiny Hands says: Jul 6, 2014 5:09 PM

    Packer fans think they’re the best because they can do something that the fans of the other 31 teams aren’t allowed to do.

  9. huskersrock1 says: Jul 6, 2014 5:11 PM

    Every team should do something like it (I realize maybe not stock but get creative) for stadium refurbishments and the like. Why ask all taxpayers to foot the bill when you can bring in money from the fan base.

  10. thevikesarebest says: Jul 6, 2014 5:12 PM

    Typical of the pathetic cheesehead fans,can’t sell out a playoff game cause they know their laughable team is gonna lose.notice how the vikings never have that problem?we have LOYAL fans.SKOL

  11. buzzardpointlookout says: Jul 6, 2014 5:15 PM

    Why not allow other teams to sell a small piece of their equity via non-stock stock that would give fans a chance to buy a non-piece piece of the team?
    ___________________________________

    Worth a try.

  12. mackcarrington says: Jul 6, 2014 5:17 PM

    Lambeau is nearly 100 years old and they aren’t remotely close to even thinking about tearing it down. They’re talking about renovating it again in 2020. Yet the Bills will need a new stadium to remain a viable franchise in Buffalo? It doesn’t make sense. Can someone tell us why Lambeau Field is more feasible than Ralph Wilson Stadium despite being 4 times older?

  13. mark1021 says: Jul 6, 2014 5:20 PM

    “Aaron Rodgers Has Tiny Hands says: Jul 6, 2014 5:09 PM

    Packer fans think they’re the best because they can do something that the fans of the other 31 teams aren’t allowed to do.”

    The Packers can do one thing our jealous Viking neighbors can’t and don’t ever do – win Superbowls.

  14. nickster31 says: Jul 6, 2014 5:24 PM

    When was the last playoff game in Minnesota?

  15. nicopenelope says: Jul 6, 2014 5:25 PM

    At least we’re not stupid enough to support a team that never wins.

  16. txbearmeat says: Jul 6, 2014 5:28 PM

    Having a financial stake in the team IS a type of ownership – even if you don’t get anything out of it.

    For example, let’s compare costs of Packers Stock vs the costs of buying a PSL in the Vikings new sand crawler stadium.

    Which one costs more: PSL
    Which one brings more joy: Stock (Cause who’d want to pay thousands to get your name on a purple aluminum seat just to watch your team get shredded every year)

    There you go.

  17. sportsfan18 says: Jul 6, 2014 5:32 PM

    Mark Cuban was right about the NFL being greedy…

    So many of us regular fans gripe and complain about the money grab by the NFL in every way imaginable…

    YET, if all teams sold these worthless non-stock stock shares… folks would BUY BUY BUY them…

    while complaining about the greedy NFL…

    Why should the NFL care if we say they’re greedy? We’re OPENING our wallets to them while saying they’re greedy…

  18. dobberdubinsky says: Jul 6, 2014 5:33 PM

    If the Packers want to dupe their below average IQ fans, I’m good with that, there’s a salcap so the playing field is level. I’m sure thy could use that money to make some renovations at Lamblow……wait a minute.

  19. thewizkid89 says: Jul 6, 2014 5:43 PM

    Why is this not illegal? Maybe it’s because i don’t know exactly which
    benefits you get from buying these “stocks”

    But is it not borderline fraud, selling something named “stocks” that really bears no resemblance to actual stocks?

  20. yesrowntreeyesgrosvener says: Jul 6, 2014 5:47 PM

    There’s lots of ways the NFL can encourage fans to pump more money into purchasing something or investing into the sport, and until they strive to exploit the profit potential of this industry they will just be leaving money on the table for no good reason. This league should shift from lazy attitude to laser vision.
    ————————

    What? Lazy? The NFL is *constantly* exploring new revenue sources and tinkering with the product to maximize profit. Financially speaking, they have been wildly successful. You can accuse the NFL of lots of things, but laziness sure isn’t one of them.

  21. vikinggroininjury says: Jul 6, 2014 5:51 PM

    Selling and buying the stock is MUCH better than being strong armed by foolish Billionaires who won’t allow tailgating and are selling crappy seats for fans. I’d buy stock anytime over having the Snyders, Richardsons & Jones’ of the league making getting a dime of taxpayer handouts.

  22. revelation123 says: Jul 6, 2014 5:55 PM

    Fans of other teams wish they could actually be part owners of their teams too.

  23. GenXJay says: Jul 6, 2014 5:55 PM

    Giving up a moderate amount of money for a little sense of pride is what every fanbase does. From tickets, merchandise, special events…etc.
    Yet, cheesehead faithful do not see how idiotic the “shareholder” gimmick really is in the rest of the real worlds eyes.
    Get a clue, dumb asses.

  24. drunkenmidgets says: Jul 6, 2014 5:58 PM

    I still chuckle at Packers fans who can’t understand the blatant scam this is because of some misplaced sense of pride. Don’t mistake pride for flat out ignorance.

  25. terremotinho says: Jul 6, 2014 6:02 PM

    Angry Non Packer Fans: “I can’t believe those idiots choose to hand over a one-time donation that directly helps the team and keeps it competitive!”

    [Pays involuntary sales tax via government for next 30 years to finance new stadium and keep team from relocating.]

  26. chris1cat says: Jul 6, 2014 6:03 PM

    Cheeseheads are Suck!

  27. truenorth84 says: Jul 6, 2014 6:03 PM

    Vikings fans come out swinging with their “worthless stock” comments and packers fans go unwittingly back to their decade long-uncreative-boring-unimpressive “no superbowls” call out… Be original

  28. dcapettini says: Jul 6, 2014 6:04 PM

    Truckdrivers and electricians donating money to millionaires. Only in America. “Give us money and we will give you a piece of paper that says you gave us money and expect nothing in return. That’s it. Nothing else.” No wonder no other team is allowed to do this. The NFL would end up controlling the world, if there are enough idiots like these folks in Green Bay everywhere else.

  29. truenorth84 says: Jul 6, 2014 6:07 PM

    I’m selling stocks for people interested in owning the moon, bigfoot, and the tooth fairies business.. Let me know if you’re interested.

  30. sonofad says: Jul 6, 2014 6:20 PM

    Viking fans simply can’t afford stock. However they can afford used urinal troughs, and urinal trough accessories.

  31. universalchurchoftruth says: Jul 6, 2014 6:27 PM

    It’s nice to see the league finally stepping in to take keep the Packers organization from continuing to take advantage of it fan base.

    After all, even rubes deserve protection every now and then.

  32. bigjim50010 says: Jul 6, 2014 6:30 PM

    no one forces packer fans to buy stock…unlike your hike in taxes you pay to improve your stadium…or help your non local billionaire buy a new one.

  33. longtimefanhtr says: Jul 6, 2014 6:31 PM

    Smallest market can’t draw on their loyal supporters nationwide to support stadium improvements while other franchises screw the taxpayers. So who are the stupid people???

  34. cinvis says: Jul 6, 2014 6:38 PM

    Anyone who wants to can make a $250 donation to their team. Go buy an ‘Elite’ jersey for $250. Since they cost .13 to make the donation to the team is about the same.

  35. cheeseisfattening says: Jul 6, 2014 6:43 PM

    Just image the conversation that went on between Mark Murphy and Ted Thompson…

    Mark : Hey Ted, my wife is demanding that we buy a 2nd home outside of Green Bay so she does not have to live here anymore. I am thinking about selling off some more “stock” (he makes the quotes signs with his fingers as he says stock) to cover it.

    Ted : But Mark, we just them “stock” only 2 years ago. Don’t you think even our fans are not stupid enough to buy a 2nd piece of paper after already just buying one?

    Both, look at each other than bust out laughing.

  36. micknangold says: Jul 6, 2014 6:44 PM

    Some racket the Packers got with their stock sales. BTW I’ve got 100 shares for sale.

  37. binkystevens says: Jul 6, 2014 6:47 PM

    All this talk about selling stock being a scam leads me to one question: what do you call it when a BILLIONAIRE holds a city hostage and threatens to move a team if the hardworking taxpayers don’t involuntarily help finance their new, unnecessary stadium?

  38. thegreatgabbert says: Jul 6, 2014 6:52 PM

    Don’t rush to judgement, the paper it’s printed on is worth something. By the ton.

  39. isphet71 says: Jul 6, 2014 6:52 PM

    I wonder if they got the idea from the “Name a Star” scam by the “National Star Registry” that doesn’t really exist…

  40. antalicus says: Jul 6, 2014 6:53 PM

    So you are telling me they convinced Packer’s fans to buy a piece of paper that they could print themselves for free that has the same value and meaning?

  41. andreweac says: Jul 6, 2014 6:53 PM

    Selling trivial parts of the team to fans is an excellent solution to asking the public for corporate welfare for billionaires.

  42. themeccalambeaufield says: Jul 6, 2014 6:56 PM

    Poor queenie fans still bitter because the Packers have such a strong fan base that those fortunate enough donate money to lessen the burden on others while lack of support by bandwagon fans in Minnesota is forced fed taxes and end up be gouged by ridiculously high PSL’s by a crooked owner.

    The difference is what makes the Packers the #1 fan experience in the NFL for 5 years running not to mention being in the top 5 in all of sports while Minnehaha is near the bottom, what a shock.

  43. beerbratscheese says: Jul 6, 2014 6:57 PM

    Us Packers fans know EXACTLY what we purchased when we ordered our pieces of stock: the most unique piece of memorabilia in the sporting world.

    Anybody can buy a jersey of their favorite player, or autographed photos or helmets etc. Every team sells mugs, key chains, mousepads, glassware, etc. with their logo on it.

    But only the Green Bay Packers can sell their fans a piece of paper that lets the world know we are part owners. Fans of other teams can say whatever they want, but if they don’t say they wouldn’t love the same thing, they are lying.

  44. packerbackernj says: Jul 6, 2014 7:00 PM

    If your team owner isn’t a billionair, i could see this as an acceptable way to get renovations done, like the packers. Instead of trying the bleed dry the city of Green Bay, they asked the fans, and thefans responded. No different then buying a signed football.

  45. longtimefanhtr says: Jul 6, 2014 7:03 PM

    Viking fans are lining up to get a piece of the imploded Metrodump. LOL

  46. sgunderson17 says: Jul 6, 2014 7:06 PM

    We know it’s worthless. It’s our decision what we spend our money on. If you’ve every bought a jersey or any team memorabilia of any kind, you did the exact same thing Packer fans do: spend money on something that will never be worth any value to anyone other than yourself. Why? Because we’re fans. We’re fanatics of specific teams, and we make choices that don’t make sense economically.
    Besides, the money we spend for that slip of paper ensures that it goes directly to the team and doesn’t get disbursed to other teams through the collective bargaining agreement. Go ahead and think we’re stupid for all but guaranteeing that a high quality team stays put in a high quality stadium.

  47. beerbratscheese says: Jul 6, 2014 7:18 PM

    antalicus says: Jul 6, 2014 6:53 PM

    So you are telling me they convinced Packer’s fans to buy a piece of paper that they could print themselves for free that has the same value and meaning?
    =================

    Tell me something; if you wanted one of your favorite players’ autographs, would you actually try to meet the person and ask him for it, or would you just scribble it down yourself?

    It’s about getting the official thing, the real deal. Plus it also gives us an opportunity to attend annual shareholders meetings, where we can actually vote on certain team issues. It’s pretty cool actually.

  48. themeccalambeaufield says: Jul 6, 2014 7:19 PM

    alshonbrandontandem says:
    Jul 6, 2014 5:04 PM

    You know the Green Bay brass laughs at all these loser fans who buy their “stock”. A hundred bucks for a piece of paper to put in a frame

    About the same as Bear brass regarding you plopping down a c-note for a Peppers jersey to have him say he wanted to go to a winner in Green Bay.

  49. splashsaturn says: Jul 6, 2014 7:22 PM

    The one thing that folks fail to recognize is that the Packers are the only team in professional sports that does not have a wealthy owner or a group of wealthy owners. They also exist in the smallest market as well. It’s much more difficult for the City of Green Bay to chip in a few million bucks to help out with infrastructure than it is for Dallas for example. Because of that, they have a legitimate need to go outside the box for non NFL shared revenue. Fans are not ignorant of what the “stock” is. For every dollar paid for a piece of paper to frame and hang on the wall is a dollar that the team doesn’t have to ask taxpayers for. Fans understand that ownership doesn’t mean get they a set of keys and the ability to sleep in the concourse if they want. But rather the same sense of ownership anyone has to the school they went to. The city they live in. That important landmark that identifies someone’s hometown. Purchasing a “share” of Packers stock is not that much different than the reasons people or corporations purchase bricks at a local zoo. You give some money to help that zoo to make improvements that help generate revenue and make it possible to continue to be an active part of your community. Something for you and future generations to enjoy and benefit from. And you even get your name on a brick in the pavement. Maybe you buy a bench and get to put your name on it, or make it a memorial. You don’t do it because you expect to make money off it. You’re not expecting dividends or a kickback in profit for the brick you bought. But when you go to the zoo, you point to that brick and know you had a small part in it. If you bought some “stock”, you can look at that south end zone and know you had a part in that. Yes, a very small part. A hundred bucks or so, but a part non-the-less. All those “small parts” sure added up to quite a lot. Every time the Packers make a donation to a charity or local schools. It feels good to see that. When the team purchases new score boards for a high school or raise money for the Children’s Hospital. It’s a good feeling. The Packers give back a lot to the area communities in time and money, not to mention their affect on the local economies. It’s no different than what other teams do. But it means a little more for fans of the Packers because there’s no traditional owner backing that. They are run by an executive committee comprised mainly of local business leaders. Doesn’t mean it’s “better” than anyone else. It doesn’t make Packer fans better than fans for other teams. And it doesn’t make them dumber. If the same ownership setup existed in Chicago. You better d@mn well believe, Bears fans would do whatever they had to do keep that team theirs as well. There’s no Jerry Jones owning the Packers. No Ziggy Wilf. No Stephen Ross. No Shad Khan. Not even a Mike Brown. It just simply is what it is.

  50. arnoldziffel says: Jul 6, 2014 7:27 PM

    It’s GREAT being a Packer stock holder. We converge on Lambeau Field every summer for the annual “stock holder’s meeting” … which is nice – but it’s a great excuse to take a stadium tour, visit the Packer Hall of Fame, tail gate in the parking lot, take some photos … and visit the Pro Shop. We’ve got it GOOD!

    Those who are GREEN with Packer Envy tend to throw around terms like “worthless piece of paper” and so forth … but deep down, I’d bet many of them would do the same thing in a heartbeat if their teams offered “stock.”

    But instead, they’ll buy a jersey, a hat, a poster, or whatever … we’ll do the same – PLUS – we’ll buy a stock certificate. It’s a Packer Thing! … Just like the Lambeau Leap … it’s a Packer Thing!

    Aren’t the Vikings partially funding their stadium with some sort of gambling thing? Yep, they are. Every now and then we read about someone grumbling about it.

    The league has bigger fish to fry than worrying about our stock sales. How about that Redskin thing?

    Packer Fans! Unite in celebration! We’ve got it GOOD!!! Our stadium is Paid For! We’ve got a giant parking lot from which to tail gate! Our stadium is basically situated in a neighborhood. We’re not located in the middle of some monsterous city with all the crap that goes with it.

    Celebrate my Green & Gold brothers and sisters!! Celebrate!!!

  51. teal379 says: Jul 6, 2014 7:38 PM

    Person A buys a share of Packer stock – it’s not worth much but hangs on the wall as a symbol of their fandom to a specific team.

    Person B buys a jersey of his team’s start WR. Said WR gets busted for drugs once, a DUI and then bolts in free agency. WR is now on his 3rd team in 8 years.

    Which person wasted their money? Which piece of memorabilia brings any sort of enjoyment to the purchaser 5 or 6 years after purchase?
    Which purchase still show what TEAM you’re a fan of? Especially since that team will NEVER move or get cut?

    Neither one is an “investment” nor “financial decision” – they’re fan purchases and I’ll take the one with staying power LONG over some Randy Moss Oakland Raider jersey or a Josh Gordon jersey or a Golden Tate Seahawks jersey or a Mike Wallace Steelers jersey or a Jarred Allen KC jersey- they cost about the same but I’m guessing who’s happiest with each.

  52. wheels579 says: Jul 6, 2014 7:39 PM

    For someone who makes a living from covering the NFL, it’s quite remarkable that Florio doesn’t understand the value of Packers shareholder stock. I just filled out my board member voting ballot, I have the option to attend the annual shareholders meeting, and I get to be a part of a long tradition of fans who helped the league’s smallest market survive nearly a century in professional football. I know that piece of paper legally entitles me to nothing, but the Packers do not treat me that way, so it has sentimental value to me and every other fan who bought one and it feels good to be recognized by the team for the financial contribution. To say its “worthless” is just ignorant of the tradition and fan experience. If you truly love the game as much as you claim to, then you wouldn’t mock or trivialize this part of the relationship fans have with one of the most successful franchises in league history.

  53. Timothy Benton says: Jul 6, 2014 7:41 PM

    Then you have the Viking fans, the losers of the NFL yelling about a team that has more class in their shoe laces then the whole Viking organization.
    Love how they scream, but then I would be angry too if I was a Viking fan and all I had to show for trophies was an empty cob web filled space.

    Great idea, Minnesota a great place to place an expansion team, they obviously do not have a pro team now.

  54. SilentMajority says: Jul 6, 2014 7:45 PM

    Come on Florio! You didn’t even tell us how much money the suckers in Green Bay get bilked for one of those worthless pieces of paper.

  55. boomboombrown says: Jul 6, 2014 7:48 PM

    Breaking News!: The Minnesota Vikings and the State of Minnesota have just paid off the new Vikings stadium! They sold FAKE stock to Packer fans! Suckers!

  56. themagicfanguy says: Jul 6, 2014 7:53 PM

    I love all the ignorant comments. This “fake” stock DOES make us owners, we appoint the directors who oversee the running of the team…but please keep spouting off nonsensical garbage.

  57. mrlaloosh says: Jul 6, 2014 7:57 PM

    “A fool and his money are soon parted”. Make that FOOLS!

  58. gtodriver says: Jul 6, 2014 8:01 PM

    One Packer fan claims that Lambeau Field is nearly 100 years old and others claim that taxpayers didn’t pay to build or renovate that field. They also seem to have forgotten that Packer season ticketholders had to pay PSL’s for their seats (which aren’t even true season tickets as they are only partial season tickets).

    As usual, fans of the Packers don’t have a clue.

    That’s why they think their stock is real.

  59. mediasloppy says: Jul 6, 2014 8:05 PM

    Other teams don’t do it, because their fan base is not going to fork over $100 – $300 for a piece of paper thinking they are now shareholders and their whole life doesn’t revolve around an NFL team.

    As for the “Shareholders” attending meeting to vote on specific issues, what would that be? The type of rock to upgrade the stadium with? Can you fire and hire?

    It sounds intriguing, but not very practical to 31 other teams.

  60. dirtyhelmet says: Jul 6, 2014 8:07 PM

    Defend you “stock” all you like, you diehard “fans”. Lets see how well that works a few years down the road when the band-aids don’t hold anymore and another “renovation” doesn’t cut it. Can’t wait to see enough of those “stocks” sold then. I know every trailer house in Green Bay will end up with a second mortgage, but where’s the other 98% of the funding going to come from? Real cities fund real stadiums because we actually can. If you can’t, you call it “historic” and hope it doesn’t fall down.

  61. filthymcfunny1 says: Jul 6, 2014 8:10 PM

    Well I have a bridge ill sell them!

  62. thejuddstir says: Jul 6, 2014 8:19 PM

    Interesting that the NFL is more powerful than actual law enforcement agencies. If not for the NFL sanctioning this goofy”stock sale”, there would be no less than a half dozen federal agencies that would be pursuing the Packers for stock fraud and other security violations. Also, I’ve said for years that this opportunity to sell worthless paper gives the Packers an unfair advantage over the other 31 teams who have the same expenses as the Packers. I don’t care if the Packer organization is a “publicly owned entity”, if there are not enough people who live in green bay , wisc. to allow the organization to raise money just like the other 31 teams, then perhaps it’s time a private owner buys the team and if necessary, moves it……….to L.A. no less, LOL

  63. dirtyhelmet says: Jul 6, 2014 8:22 PM

    LA Packers?

  64. squishman says: Jul 6, 2014 8:36 PM

    If you buy that piece of paper, yes you are indeed an owner…. of a piece of paper.
    Skol Vikings!

  65. pftpoetliksballz says: Jul 6, 2014 8:42 PM

    An awful lot of jealousy out there of the greatest team in the NFL. Win or lose it is the fans team. No shathead owner makes it the best. Hard to blame you people for being so jealous.

  66. universalchurchoftruth says: Jul 6, 2014 8:58 PM

    Tell me something; if you wanted one of your favorite players’ autographs, would you actually try to meet the person and ask him for it, or would you just scribble it down yourself?

    It’s about getting the official thing, the real deal. Plus it also gives us an opportunity to attend annual shareholders meetings, where we can actually vote on certain team issues. It’s pretty cool actually.

    ——————————————————–
    This “stock” and an autograph are very different. An autograph can be authenticated and an autograph can have value. This “stock” can not be authenticated and this “stock” can not have value.

    Its cute how “stock” owners think they actually attend real meetings and that their votes actually count. But if you bought this “stock” I guess you’ll believe anything to help yourself not feel like a fool.

  67. wcman says: Jul 6, 2014 9:00 PM

    It’s a PBS community funding drive NFL style. The Packers hold their hands out to the fans for donations and reward them with a worthless piece of paper. It works for them so what’s the harm. The team gets the funding and the fans get to pretend they get something besides the warm feeling of a charitable donation.

  68. shlort says: Jul 6, 2014 9:06 PM

    I wouldn’t buy these pieces of memorabilia, but some people feel inclined to do so. Whose business is it if someone buys these items? No ones. Why is it that there is such scrutiny about this issue, but no one is complaining about people buying a player jersey for that kind of money? Is it because the NFL also profits?

    Here is the deal. If you are against this type of sale, what is your problem exactly? Do you think people are being duped into buying something? Does anyone who purchases these things actually think they own the team?

    Bottom line is that people who support the Packers are willing to pay for something in order to have a competitive team. It also takes some burden off the taxpaying public who may not enjoy the sport. People really need to quit whining about this and the Redskins name. It is beyond the point of ridiculousness.

  69. rikker12 says: Jul 6, 2014 9:07 PM

    All you haters are idiots… You have no idea how to support your team… The Stock we bought was for support… Do you support our troops? I do…Do you support your local church? And I support our football team… So call Little Green Bay names and say what you want about their fans, but you haters are the real idiots.. Do a little investigating before you make foolish comments..

  70. rikker12 says: Jul 6, 2014 9:13 PM

    shlort,
    I agree!

  71. packsoldier says: Jul 6, 2014 9:17 PM

    The Packers are the greatest franchise in professional sports, have the best relationship with their fans in professional sports, and it galls Cornholio to no end.

  72. mbtampa says: Jul 6, 2014 9:24 PM

    To Vikings fans: I’m sorry for you. You have no room to throw barbs at Packer fans. We’re fully aware of the “value” or lack thereof, of this offering. Your franchise on the other hand, despite somehow convincing some of the best players ever to waste their best years dressing up in purple, has but one League Championship to it’s credit. The Metrodome was the worst indoor stadium ever, and most every time the Packers played there, your fans were to embarassed to show their faces. Win something, then you can beat your gums. Till then, quiet please.

  73. silvercutlery says: Jul 6, 2014 9:31 PM

    Detroit fan here.

    1. Packer fans know these thing arnet real stock. That’s not the point. They are supporting their team. I think it’s honourable.

    2. I think if teams like the Dolphins tried to do this, it wouldn’t work. I don’t think they’d get the fan support.

    3. A Green Bay fan can now look at the stadium and think, ‘I contributed to this.’ That ‘piece of paper’ represents all the emotions and time invested into their team, which outweighs whatever product they could pick up from Walmart for the same price.

    4. As a Detroit fan, I support it. Good for them. The Packers are different in their structure. There’s no competitive advantage. The only advantage they have is that Aaron Rodgers is their QB.

  74. txbearmeat says: Jul 6, 2014 10:08 PM

    I think the point made up above that “stock” is no different than billionaire owners bilking their cities via taxes for new stadiums.

    At least with the “stock” you get voluntary participation. Everyone is happy. The stadium gets upgraded. The franchise is more financially stable. Fans feel a connection to the team.

    Stock > PSLs and Taxes.

  75. dragonfly99 says: Jul 6, 2014 10:09 PM

    By your biased wording of the article make you sound jealous Mike. Of course they know they know they’re not appreciating stock, but what is wrong with die hard fans wanting to voluntarily support their team rather than to force special taxes on all citizens, including non-football fans, to build billion dollar stadiums for a billionaire owners.

  76. claymatthewscromagnonforehead says: Jul 6, 2014 10:23 PM

    With the funds they’ll lose being unable to fleece their dope fans the team will surely be forced to move to LA.

  77. kraigrick says: Jul 6, 2014 10:26 PM

    Being a Packer stockholder also gives the owner of the stock the exclusive privilege to buy replica SB rings with their name on one side, the word “shareholder” on the other side, and an engravement of 20 letters of their choice on the inside. That right alone makes the stock worth the money.

    BTW, I bought shares both times they were issued and it was $200 +$15 handling the first time and $250 + $25 the second time.

    Let’s not forget Florio is a Viking fan when we read these derogatory articles about the Packers.

  78. punkthepack says: Jul 6, 2014 10:33 PM

    I love the Packer rubes talking about locally-owned, non-billionaire owned football; however, I live in Brown County, WI and we pay a .5 percent more in taxes than the remainder of Wisconsinites. Wouldn’t that count as a public tax paying for a football team?
    This extra sales tax has been in place for years and was used for Lambeau renovations.
    What’s the difference then?

  79. truenorth84 says: Jul 6, 2014 10:39 PM

    Oh yes, all us vikings fans were held hostage and are paying taxes to help build a stadium…. Yes, exactly the same way 30 out of 32 other NFL cities are doing/have done the exact same thing for their teams… I actually live in Wisconsin so I guess I’m part “owner” too. As part owner I vote to trade Aaron Rodgers and am looking for my info for the next owners meeting that apparently got lost in the mail.

  80. clssylssy says: Jul 6, 2014 10:46 PM

    As a Cards fan, this is a great way to build fan support while contributing to the upkeep and maintenance of your stadium. Fans have a little bit of tangible history they can pass down to their children thereby continuing the team legacy and building pride. The Arizona Diamondbacks did something similar when they built their stadium only they were selling bricks with contributors names imprinted; I know this has been a successful way to acknowledge benefactors for prestigious hospitals and organizations as well. I wish the Cardinals would do this to acknowledge the fans who support the team as well as to cut down on the constant griping of Glendale residents who feel they are being overburdened by taxes to support the stadium. More NFL teams should have the same opportunity to share in supporting their teams!

  81. banky74 says: Jul 6, 2014 10:54 PM

    A family member works for the Packers organization. He’s already hearing whispers about moving the team to L.A. in the future if they’re not able to sell more shares.

  82. txbearmeat says: Jul 6, 2014 11:08 PM

    punkthepack says:

    I love the Packer rubes talking about locally-owned, non-billionaire owned football; however, I live in Brown County, WI and we pay a .5 percent more in taxes than the remainder of Wisconsinites. Wouldn’t that count as a public tax paying for a football team?
    This extra sales tax has been in place for years and was used for Lambeau renovations.
    What’s the difference then?
    ———————————–
    The difference, good sir, is the % you have to pay. If I remember correctly, Miller Park was 2.5% to Milwaukee county and 1.5% to Waukesha, Sheboygan and Racine counties.

    Be thankful for the stock owners.

  83. purpleguy says: Jul 6, 2014 11:13 PM

    Hey, it’s a free country, and if Pack fans want to spend their hard-earned money on a certificate that isn’t really legally valid, who are we to criticize? The only thing I chuckle about are the cheesers that brag about being owners, and the fact that they’re such great fans, as if becoming a great fan of a professional sports team is a stunning life achievement or something.

  84. jayfish6402 says: Jul 6, 2014 11:17 PM

    PACKERS!!!!!!!!!!!

  85. dakotapackerfan says: Jul 6, 2014 11:29 PM

    Banky74, I’d be curious how your “family member” has heard about moving the team to LA, when the team bylaws pretty well prevent that.

    To quote an ESPN article:

    “In fact, Green Bay’s bylaws contain two provisions that pretty much prevent relocation: (a) no one can own more than 200,000 shares of the team, which means one person can’t make the franchise pull up stakes; (b) if the team is ever sold, all proceeds must go to a foundation for distribution to local charities. (Fun fact: team bylaws used to stipulate that proceeds would be given to a local American Legion post for “the purpose of erecting a proper soldier’s memorial.”)”

    Seems like a “family member” Packer employee should know something like that.

  86. revelation123 says: Jul 6, 2014 11:38 PM

    Actually the stocks make Packers fans part owners. Look it up.

  87. kevjones75 says: Jul 6, 2014 11:46 PM

    Mine hangs proudly above my fireplace. No one forced me to but it, If you don’t want one, don’t but it. I know the other teams are envious of the loyalty of the Packer fans. You can thank Wellington Mara, George Halas and Art Rooney for allowing the Pack to go public in the 1950s. Don’t blame Green Bay.

  88. numberoneinthehoodg says: Jul 7, 2014 12:03 AM

    I never thought I’d see the day when nothing is worth more than it was before. Thank you Green Bay! Mortamer may have another heart attack. (that’s Trading Places for the youngens around here).

  89. mediasloppy says: Jul 7, 2014 12:23 AM

    NO team is allowed the same structure and that money has to be accounted for. How does Green Bay have no owner and spend millions on coaches and players? I’m reading above and it says paper stock can only be used to upgrade the Stadium. Every team has revenue sharing and Green Bay has a lot of revenue. Who controls the money in Green Bay. I just don’t understand how a team can be publicly owned. Owners spends millions every year and the salary cap keeps going up. Even with Green Bays revenue in the State and the money teams get from TV rights I don’t understand how a non owner team does it.

    The Packers say this year’s numbers underscore owners’ concerns about the league’s existing agreement. According to team president and CEO Mark Murphy, player costs have risen twice as fast as revenue gains over the past four years.

    The Packers posted an operating profit of approximately $9.8 million in the fiscal year that ended March 31, down from $20.1 million the previous year. Taking into account investment losses that were less severe, the team reported net income of approximately $5.2 million, up from $4 million.

    it just doesn’t add up. I’ll have to google it.

  90. pftpoetliksballz says: Jul 7, 2014 12:30 AM

    An awful lot of jealousy out there for the greatest team in the NFL.

  91. brainwashed2win13 says: Jul 7, 2014 1:33 AM

    Spend a little cash, support the team. It feels good to help improve Lambeau. What an experience?! Take a road trip to cast a vote and enjoy the historic sites including museum filled with hall of fame players. See Superbowl trophies, world titles. Not many pro football experiences better than Lambeau. And to think, the fans eagerly support the team to the extent that, non football fans aren’t forced to contribute via taxes. And the endless statium funding bills… Drawn out leases in dumpy stadiums..
    Sounds like a real bummer. Good thing loyal fans can support the team.

  92. wafflestomp says: Jul 7, 2014 2:01 AM

    banky74 says:
    Jul 6, 2014 10:54 PM

    A family member works for the Packers organization. He’s already hearing whispers about moving the team to L.A. in the future if they’re not able to sell more shares.
    ————————————————————————————–

    Why? Give me a reason.
    Don’t come on here with some moronic statement like that without something to back it up.
    It only makes you look stupid.

    Why?
    Could it be because of their string of sold out games. 53 straight non-strike years and counting? No, that can’t be it.

    Season ticket list a mile long. No, though it does suck having to wait 25 years for season tickets. I should know, because that’s how long it took me to get mine.

    Maybe it’s the facilities? Wrong again, total renovation and 3rd largest seating capacity in the NFL. Not to mention you will never find a better venue to watch a football game on a beautiful fall day.

    Let me clue you in, they can’t.
    Simply put, the way the Packers are structured/incorporated, they can’t be moved or sold. One small caveat to these worthless pieces of paper.

  93. blackhawks2010 says: Jul 7, 2014 2:09 AM

    Junk bonds.

  94. alshonsmeathooks says: Jul 7, 2014 3:33 AM

    personally I think their team should be allowed to fleece as many feeble minded wisconsinoids as they can

  95. gtodriver says: Jul 7, 2014 6:44 AM

    wheels579 says:

    For someone who makes a living from covering the NFL, it’s quite remarkable that Florio doesn’t understand the value of Packers shareholder stock.

    I just filled out my board member voting ballot, I have the option to attend the annual shareholders meeting….
    ___________________

    Florio does understand. You don’t.

    If all the fake stockowners (stock purchased in 1997 or 2011) voted for the same new board member, but the real stock owners voted for the incumbent, the incumbent would win. Why? Because all the fake stock stockholders votes are only worth a fraction of what the real stockholders (real stock purchased in 1923, 1935 & 1950) votes are worth.

    FWIW – there are 4,738,027 total “shares” of Packer stock. The last fake stock sale (2011) represents 269,000 shares.

    Yup, those “shareholders” really have a lot to say about how things are “run” in GB…

    And the once a year stockholder meeting is really just pandering to the fan club members with a fake stockholder certificate.

  96. whysomanylosers says: Jul 7, 2014 7:12 AM

    I wonder if they print the stock double ply?

  97. outlawjerseywhales says: Jul 7, 2014 7:34 AM

    This stock is still more valid than your law degree.

  98. sonofad says: Jul 7, 2014 7:39 AM

    The Green Bay Packers.

    Better football for better people.

  99. stellarperformance says: Jul 7, 2014 8:11 AM

    punkthepack says:
    Jul 6, 2014 10:33 PM
    I love the Packer rubes talking about locally-owned, non-billionaire owned football; however, I live in Brown County, WI and we pay a .5 percent more in taxes than the remainder of Wisconsinites. Wouldn’t that count as a public tax paying for a football team?
    This extra sales tax has been in place for years and was used for Lambeau renovations.
    What’s the difference then?
    //////////////////////////////////////////////////////////

    The difference is…….it was voted in.

  100. bleedgreen says: Jul 7, 2014 8:18 AM

    alshonbrandontandem says:
    Jul 6, 2014 5:04 PM
    You know the Green Bay brass laughs at all these loser fans who buy their “stock”. A hundred bucks for a piece of paper to put in a frame.

    137 110
    ————————————-

    Better than all the schmucks that pay 10’s or 100’s of thousands of dollars for a piece of paper to put in a frame every day with their so called college education.

  101. atthemurph says: Jul 7, 2014 8:18 AM

    Obviously your family member must be from Minnesota because he can’t read. The by-laws of the franchise prevent the moving of the team to a new city.

    Also, the Packers stock isn’t publically traded. Its closely held stock with restrictions. Not uncommon at all. Once purchased the sale of that stock is restricted by the covenants that everyone knows about. If you don’t like those restrictions then you don’t buy.

    Also, the NFL hasn’t placed any new restrictions on the Packers sale of stock. The same restrictions that have been inforce for years still applies, no matter what Vikings fan Florio thinks.

    The Packers can only raise money through a stock sale to fund stadium improvements. Murphy was simply stating the long held league rule.

    And by the way, for $250 Packers shareholders get to vote for the board, attend the annual shareholders meeting which has included tours of the locker room, field, back areas of the stadium and receive other special considerations for as long as they are shareholders.

    Seems like a hell of a deal to me. Just walking on the Hallowed Ground one time is worth $250.

  102. themeccalambeaufield says: Jul 7, 2014 8:29 AM

    Banky you are clueless but that’s to be expected from a jealous queenie. If you owned a stock you would know the team cannot be moved.

  103. golforepar says: Jul 7, 2014 8:31 AM

    The Packers should put pictures of all 4 Lombardi trophies on the stock.
    Generosity is the reason non-value stock sell, that is for all the clueless non packers fans!

  104. mesoed says: Jul 7, 2014 8:53 AM

    I’m a Packers Shareholder. Yes, for the most part, it means little for me. That said, it IS a legal stock offering. It’s known as Common Stock (and the shareholder is made well aware of this).

    “Common stock is a security that represents ownership in a corporation. Holders of common stock exercise control by electing a board of directors and voting on corporate policy. Common stockholders are on the bottom of the priority ladder for ownership structure. In the event of liquidation, common shareholders have rights to a company’s assets only after bondholders, preferred shareholders and other debtholders have been paid in full.”

    I receive a board of directors ballot each year, and can attend the shareholder meeting for additional voting. Of course, that’s not why I’m a shareholder. It’s a point of pride to know that I have a part in my team and it’s long storied history.

    How is asking people to willingly contribute to a publicly held organization less excusable than having the the voting public fund a private company’s stadium renovations?

  105. ariani1985 says: Jul 7, 2014 9:41 AM

    About as useful as toilet paper!

    #Inturdyoutrust?

  106. thejuddstir says: Jul 7, 2014 9:42 AM

    Gotta laugh at the packer fans who comment “the packers can never be sold or moved…..”…….. the only thing i can think of is that statement provides them some sense of (false) security. If those fans haven’t learned by now that nothing is “forever”, then they truly do live in a fantasy world. I am not submitting that the packers are going to be sold or moved but I am not naive enough to believe that if the powers that be want to change the rules……..they will do so without a blink of an eye.

  107. seapoeschl says: Jul 7, 2014 9:55 AM

    Lets look at it this way.

    1. Have fans willing pay to buy some stock so the team can improve the stadium.

    2. Charge an extra tax to an entire city so the team can move into a new giant greenhouse.

    I would pick option 1 any day.

  108. ariani1985 says: Jul 7, 2014 10:00 AM

    for a team that can’t even sell out a home playoff game why is there so much optimism in Turd Bay? Maybe move this team to Toronto? LA?

  109. themeccalambeaufield says: Jul 7, 2014 10:04 AM

    thejuddstir says:
    Jul 7, 2014 9:42 AM

    Gotta laugh at the packer fans who comment “the packers can never be sold or moved…..”…….. the only thing i can think of is that statement provides them some sense of (false) security. If those fans haven’t learned by now that nothing is “forever”, then they truly do live in a fantasy world. I am not submitting that the packers are going to be sold or moved but I am not naive enough to believe that if the powers that be want to change the rules……..they will do so without a blink of an eye.

    Just the fact you posted what you did does suggest you are naïve.

  110. golforepar says: Jul 7, 2014 10:27 AM

    I love seeing the jealous comments! Crying will not get you a ring.
    #ringlessqueens

  111. vltrophy14 says: Jul 7, 2014 10:30 AM

    Unfortunately I am not a share holder. Yes I know it has no value as far as money goes. All u haters out there who say the Packers are scamming us cause we all know the other 31 teams would never scam their fans(cough cough). Also before u go putting us Packer fans down think about the following. Over 300K shares have been sold. There are Packers “owners” who are fans of all the other 31 teams so put that in your pipe & smoke it. GO PACK GO!!!

  112. vltrophy14 says: Jul 7, 2014 10:33 AM

    Those of you who think the Packers may one day be sold or moved please make sure you are in a state where it’s legal to smoke pot.

  113. numba1wiscosportsfan says: Jul 7, 2014 10:55 AM

    I own one of these stock. It was my choice. My fellow Pack fans need to stop being so defensive, who cares?

  114. axespray says: Jul 7, 2014 11:11 AM

    I’d rather have Jerry Jones taxing non fans in my state to fund a stadium that he could build with his own money.

  115. axespray says: Jul 7, 2014 11:13 AM

    So Florio wants the billionaire owned teams to be able to sell “stock” – wouldn’t that ruin the whole parity that the “stock sales” do that allows a small market team w/o an owner to compete in the NFL?

  116. trapshoot says: Jul 7, 2014 11:39 AM

    Have had a single share for years. Keep league politics out of it. If fans want to buy shares, with their restrictions, let ‘email.

  117. uglydingo says: Jul 7, 2014 12:14 PM

    NFL teams are a license to print money. Where are all of the Green Bay profits going?
    Maybe the Packers should be listed on the stock market?

  118. packerbacker051653 says: Jul 7, 2014 2:07 PM

    I find the author’s snide comments about the Packer stock situation insulting. Who is asking you for a dime? The situation is unique in professional sports and only the people on the outside looking in seem to have a problem with it. As some wise somebody said above, “Quit Hating”.

  119. nbcwantsitsmoneyback says: Jul 7, 2014 3:11 PM

    Selling stock that isn’t work anything…I thought that was called a Ponzi scheme???

  120. coachkilla6 says: Jul 7, 2014 4:09 PM

    Packer fans invest in the team/stadium.

    Viking fans buy used urine troughs and put that money in their owner’s pocket.

    Which fan base would you want to be part of?

  121. stellarperformance says: Jul 7, 2014 6:28 PM

    Only jealousy could generate the attention this issue creates. It’s a unique souvenir that voluntarily gives support to the most unique franchise in the NFL.

    Over 360,000 people purchased this souvenir, from all over the world. That wouldn’t happen if you offered Randy Moss jerseys for $19.95.

    As it is, many Viking fans did indeed purchase an official (fake!) Moss game jersey for a similar amount of money. Where are they? Show them off with pride! Show the world what an intelligent purchase it was. Yeah……..right.

  122. tokyosandblaster says: Jul 8, 2014 10:39 PM

    Any souvenir that Vikings fans buy is a waste of money.

    What are they trying to remember? A losing football team?

    Cool.

  123. theawkwardyears says: Jul 10, 2014 8:34 AM

    At least they get the pride of a Super Bowl title.. I mean buyers remorse over fake stock is one thing but imagine if you purchased Vikings season tickets!

  124. diveleft says: Jul 10, 2014 1:43 PM

    Packers sell fake stock to upgrade their stadium, yet they still have bench seating. An NFL stadium with bench seating? What a joke!

  125. Clinton S. Thomas, Th.D. says: Jul 11, 2014 6:30 PM

    Stock benefits could certainly go both ways. Take the Saskatchewan Roughriders in the CFL. A share in their team (roughly $250) allows the holder a short list of benefits which includes: first pick on season tickets, discounts on parking, discounts on team products, first choice on playoff tickets, and wonderful little items for owners only such as jackets, stickers, etc. The sales work the same as Green Bay, fans buy and the money is used for stadium upgrades. The difference is you get something from the Riders. If all teams, NFL and CFL, could sale shares, they certainly could upgrade stadiums without tax payer funds and those purchasing would be those supporting the team. I own a share of the Saskatchewan; however, I do not live in Canada, so I have no tax dollars that would ever support a stadium-the same would work here for a Dallas fan to support his team through shares even if he lived in California. Tax payers, fans, and owners would all have a win-win-win with shares being sold – It’s also amazing how many sports teams once sold shares in the past such as the Boston Celtics, Cleveland Indians, etc, but unfortunately many of these teams traded at market value, which was really low. If the market was pushed high though, like Green Bay does and Saskatchewan does, then tax payers living in a certain city, would no longer bear the burden of supporting the stadium for teams like the Dallas Cowboys….after all, they were once “America’s Team”….let America pay for them.

  126. Clinton S. Thomas, Th.D. says: Jul 11, 2014 6:33 PM

    Consequently, I should also add that people have ownership in teams through big business. I like to say because I own Nintendo stock, I also have a share in the Seattle Mariners. The Mariners are owned by Nintendo after all….

  127. captwaxer says: Jul 11, 2014 7:33 PM

    LMAO dude! GOOD one!

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