When a company needs to make a little extra money, there’s nothing better for a publicly-traded group to do than to sell stock. This goes double for the Green Bay Packers, one of the most popular teams in the NFL, the reigning Super Bowl champions, and the only publicly-owned franchise in the league. The Packers have to pay for some upgrades and updates to Lambeau Field, so the Green Bay Packers have decided to sell 250,000 shares of Packers stock from now until February 29.
“I could have just as well thrown my money out the window for what I get for it, other than a feel-good,” said 34-year-old Sarah Johnson of Portage. “I just feel like the Packer organization has sort of a nostalgia and an excitement around it other franchises don’t have. Just to say you’re part of that on some level is neat to me.”
If you are a Packers fan and have $250 to spare, this is a great opportunity to buy a minuscule piece of the team. Granted, the stock won’t increase in value, it doesn’t pay dividends, and the stock itself is worth only 3 cent, so you’re not getting $250 worth of Green Bay Packers, but this is only the team’s fifth stock sale in history and their first stock sale since 1997. It won’t allow you to jump ahead of anyone else in Green Bay’s 93,000-person season ticket waiting list, but you’ll get to vote on Packers-related things and attend the annual stockholder meeting at Lambeau Field!
Tags: NFL, stock sale, NFL stock, Green Bay Packers, Green Bay Packers stock sale, Green Bay selling stock in Packers, Packers stock sale, Packers stock, Packers stock sold for 0, fundraisers, publicly-owned NFL team, Packers do fifth stock sale in history, Packers sell stock for the first time since 1997