who owns the packers

The Green Bay Packers are owned by more than half a million stockholders who collectively hold approximately 5,204,625 shares of stock. The team is unique in that it is a publicly owned, nonprofit corporation, governed by a board of directors and a seven-member executive committee. No single individual or entity has majority ownership since no shareholder is allowed to own more than 200,000 shares. The president of the team, currently Ed Policy, manages the day-to-day operations and represents the corporation at NFL meetings, but the owners are essentially the stockholders, many of whom are fans of the team. This ownership structure is unique in the NFL, as the Packers are the only team that is publicly owned and nonprofit. The team has been operated this way since 1923 and is grandfathered from NFL rules that require teams to have a single or small group of owners. Lambeau Field, the Packers' stadium, is owned by the city of Green Bay and the Green Bay/Brown County Professional Football Stadium District, with the team leasing the stadium. In summary, the Packers do not have a conventional single owner. Instead, they are collectively owned by thousands of stockholders in a public nonprofit corporation structure that is unique in professional sports.