The NFL is not owned by a single entity or person; rather, it is collectively owned by the 32 individual NFL team owners. Each team owner or ownership group holds the ownership of their respective franchise, and together they effectively own the league. The NFL is governed by an executive committee with representatives from all 32 teams, usually the owners themselves, who make league policy decisions by majority vote. A unique case is the Green Bay Packers, which are publicly owned by over 350,000 shareholders and operated as a non-profit corporation, the only such team in the NFL due to a grandfather clause before NFL ownership rules were established. In summary, the NFL is owned by the 32 team franchises and their respective owners or ownership groups, with no single owner of the entire league.
