Blog Entry

Green Bay Packers stock sale starts Tuesday

Posted on: December 3, 2011 11:58 am
Edited on: December 3, 2011 1:35 pm
 
Posted by Will Brinson

Owning an NFL team is a pretty difficult thing to pull off. In fact, only the Green Bay Packers represent a chance for members of the public to invest some of their hard-earned money into an NFL team, and even they only have a limited number of shares.

But here's some good news -- starting on Tuesday, the Packers will kick off their fifth-ever stock offering and make 250,000 shares available to the public at the low cost of $250 a share.

“We appreciate the interest that fans have expressed in our fifth stock offering,” Packers President and CEO Mark Murphy said in a statement released by the team. “We are not yet in a position to fully discuss the offering, however, this information will answer some of the initial questions that we’ve received.”

The details Murphy and the Packers did offer include: only US citizens can purchase shares (with the exception of people who live in New Hampshire, who may not); up to 200 shares may be purchased by each individual or spousal pairing; shares can be purchased online with credit and debit cards, or via mail; the 200-share limit includes any shares purchased during the last offering in 1997-98.

Additionally, you can't transfer the stock, you shouldn't buy the stock hoping that the Packers win another Lombardi Trophy and you make a profit, and each piece of stock isn't worth $250 if you want to sell it back to the Packers.

Also, be aware that there are currently 4,750,397 shares owned by 112,158 shareholders, so you probably won't have much say in whether James Starks gets more carries than Ryan Grant the rest of the year.


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Comments

Since: Dec 5, 2011
Posted on: December 5, 2011 9:22 pm
 

Green Bay Packers stock sale starts Tuesday

I think everyone forgets why this is being held.  It is to upgrade the stadium, which is really the last shrine in football untouched (sorry Solidier Field) in pro football.  Coming from Canada hockey players would circle the dates when they where playing at the Forum, the Gardens in Boston, the Madhouse in Chicago, or Historic Maple Leaf Gardens.   
Now  . . . .  . there is nothing left . . . . .
Greed, money, corporate intersets and that fool / Lapdog Bettman destroyed it all.  The historic feeling of the "the Keg" (Montreal) or the Hanger (Toronto) the sanitized Boston Bank, or the neutered Chicago arena does not exist!!!  We sold our souls up here, and for what?  More luxury boxes, poor seating, bad camera angles and 15$ beers and hockey in Florida, Nashville and the Desert.  WTF is that???? 
I am purchasing the stock on Tuesday (my brother lives in Spokane) to say that I want the small market team to survive and keep the tradition alive.  If you want to lick the shoes of the bankers, bark at the heels of the aloof owners (JONES & SYNDER), and deal with the crazies (Old Honest Al Davis), then don't buy the stock.  But then again you have no soul as you are champing the whores of football by selling it all to that growing tradition found only in that great football areana of LA called Farmer's Field.  Go Pack!!!!!!



Since: Dec 5, 2011
Posted on: December 5, 2011 6:21 pm
 

Green Bay Packers stock sale starts Tuesday

or how about just a couple single game tix to that Chiefs/Bears game.  You just paid $250 for your own personal pain and suffering.  I'll take the pretty piece of paper and a seat at the annual meeting. 




Since: Feb 25, 2008
Posted on: December 5, 2011 4:07 pm
 

Green Bay Packers stock sale starts Tuesday

Don't understand why these people think spending $250 for something they would like to hang on their wall is a waste of money.....do any of them have any pictures/artwork/etc. in their homes?  Do they think that people who do just "pissed thier money away"?




Since: Dec 4, 2011
Posted on: December 4, 2011 6:03 pm
 

Transfer of Green Bay Packers stock

For those of you who are wondering about the transfer of your stock to your kids or upon your death.....
Good to know that stock can be transferred to your "immediate family" as a gift or upon death.
Here is the info directly from the Packers Bylaws.
"A holder of shares of Common Stock that is a natural person may only transfer such shares of Common Stock to a member of the holder's "immediate family" by gift or in the event of death of the holder. The term "immediate family" means the spouse, child, mother, father, brothers and sisters, or any lineal descendant of a stockholder. A holder of shares of Common Stock that is a corporation, limited liability company, limited partnership or other formal legal entity (an "Entity") may only transfer such shares of Common Stock to a natural person who the corporation determines in its discretion has a significant interest in the equity of the Entity that the natural person did not acquire for the purpose of transferring such shares of Common Stock (an "Approved Person")."

Packers Bylaws can be found at:  




Since: Apr 27, 2008
Posted on: December 4, 2011 7:50 am
 

Green Bay Packers stock sale starts Tuesday

What most of these people can't get past is the word stock.  They hear stock and they think Wall Street and buying and selling.  Apparently they are too dense to realize what so many of us have been saying an what you VEgas has said very well.  People are not buying a share of stock in the traditional sense.  They are not buying a share of a company hoping to make a profit, they are buying a share of the Green Bay Packers for the pride of being able to say they are owners.  They are buying that certificate to hang on the wall.  To some people it is pissing money away and in an extremely subjective way it may be but only in a sense that it is something they would not choose to do.  Of course like so many people out there they are too stupid to understand that the people who choose to buy the stock DO NOT CONSIDER IT PISSING THEIR MONEY AWAY.  To the isiot who says its nothing like T-shirt, it is exactly like a T-shirt, or any other piece of memorablia that a fan might purchase to show support for his team.  When you buy a T-shirt you own the T-shirt.  When you buy Packers stock you own a share of the team and you own a a certificate to hang on your wall.  That mans something to a lot of people and many fans from every team in sports would jump at the chance to be able to do the same thing.  We get it, its not something you would spend your money on.  At least you claim you wouldn't because it's a moot point anyway but I'm guessing many of these people claiming it to be a scam would be first on board if their team were to be able to do something similar.  What gets me is why some people would protest so much on how other people spend their money.  I see people spending money in ways that I consider to be the ultimate in wastefulness but aside from a simple shake of my head and a thought about how much better that money could be spent, IN MY OPINION, I think nothing of it.


Like I said in an earlier post.  The only argument that may have some valididty is the fact that this is a revenue stream that is unique to the Green Bay Packers and as such I can understand why fans of other teams would get jealous of the fact that their team can't raise mone this way.  The way the NFL has set it up though that is how it is.  I suppose if they took a vote or whatever needed to be done and the required number of owners said no more stock sales they would end but until that time comes it is what the NFL allows and any team with the ability to take advantage of it would be stupid not to.

Now go out and piss your money away on t-shirts and hats and pennants and stock and anything else you care to all you want.  It doesn't bother me in the least. 



Since: Apr 27, 2008
Posted on: December 4, 2011 7:26 am
 

Green Bay Packers stock sale starts Tuesday

Logical thinking and the first valid point from a Packer fan, but it cannot be passed down to children.  It is non-transferable 


I guess from a strict ownership standpoint you are right but the actual certificate you get will be passed down and I think that is what most people are looking for. Unlike the first issues I think a lot of people look at these last two as more of a memorabilia type thing and its the certificate that counts.  Yeah it says you are an owner but how many people really take part in what it entails?  I know many people do go to the owners meeting but that number is few compared to the number of people who own the stock.



Since: Dec 25, 2007
Posted on: December 4, 2011 1:16 am
 

Green Bay Packers stock sale starts Tuesday

All of you people bitching about the "STOCK" sale crack me up. OF COURSE the "STOCK" is nothing but a piece of paper. THAT IS THE POINT! To buy a piece of paper that says "YOU" own a piece of the Green Bay Packers. A piece that EVERYONE who buys it knows it is basically a cool certificate that you hang on your wall like a piece of art. Somethign for your man cave, office, game room, etc.<br /><br />It also shows that you have a passion for the Green Bay Packers. You idiots have know idea what this team does for the community. My 5 yearold son was in an ICU burn unit for 26 days. The Packers have a community outreach program and they sent my soem a HUGE box of very cool Packer stuff. That is just the tip of what they do for families accross teh state of Wisconsin and beyound. I know all teams do this stuff but teh oweners of those teams also make the taxpayers pay for the renovatiosn that this "STOCK" sale will pay for.<br /><br />Now run along and buy that carton of cigs or whatever other vise you have. Maybe buy that new car that is worth a fraction of what you paid when you leave the lot. Quit making fools of yourself bitching about a "STOCK" sale. It's my money and the money of the others who bought or are going to buy "STOCK" this time around.<br /><br />GO PACK GO. GO BE GREAT!!!!!<br /><br />




Since: Oct 15, 2008
Posted on: December 3, 2011 9:30 pm
 

Green Bay Packers stock sale starts Tuesday

Where is this guy?



Wisconsin > UCONN






Crying from his loss to Buzz today?  Or maybe biting his nails watching his BCS hopes slip away? 



Since: Dec 3, 2011
Posted on: December 3, 2011 9:08 pm
 

Green Bay Packers stock sale starts Tuesday

You left out a major way of pissing your $$ away.  Given the divorce rate today, I'd say buying an engagement and wedding ring would qualify.  8-)



Since: Sep 7, 2006
Posted on: December 3, 2011 9:00 pm
 

Green Bay Packers stock sale starts Tuesday

Maybe it's the stock market investor in me, but why in the heck would ANYONE buy this flim-flam? 
The point of holding a company's stock is that the value rises or falls and if you no longer wish to hold for whatever reason, you can sell it and gain or lose depending on the current value. 
This just seems like a very expensive way to have a rather fictitious "piece of the team".  

its more of the sentimental and fanhood side then the actual economic side.. some people would love to be able to brag that they actually own part of the packers... its not like you have include the fact that your only like 1/millionth of an owner


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