The Green Bay Packers are uniquely owned by more than half a million stockholders—538,967 as of 2025—with a total of approximately 5,204,625 shares outstanding. The team is a publicly owned, nonprofit corporation—the only such structure in the NFL—established in 1923. No individual shareholder can own more than 200,000 shares, and shareholders do not receive dividends or financial returns. The Packers are governed by a board of directors and a seven-member executive committee, with the team president (currently Ed Policy) managing day-to-day operations and representing the team in the NFL. This ownership setup is exempt from typical NFL rules requiring a singular or small group owner because it predates those rules. This model emphasizes community ownership and team success over profit maximization.
