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Something for you and future generations to enjoy and benefit from. You give some money to help that zoo to make improvements that help generate revenue and make it possible to continue to be an active part of your community. Purchasing a “share” of Packers stock is not that much different than the reasons people or corporations purchase bricks at a local zoo. That important landmark that identifies someone’s hometown. But rather the same sense of ownership anyone has to the school they went to. Fans understand that ownership doesn’t mean get they a set of keys and the ability to sleep in the concourse if they want. For every dollar paid for a piece of paper to frame and hang on the wall is a dollar that the team doesn’t have to ask taxpayers for. Fans are not ignorant of what the “stock” is. Because of that, they have a legitimate need to go outside the box for non NFL shared revenue.
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It’s much more difficult for the City of Green Bay to chip in a few million bucks to help out with infrastructure than it is for Dallas for example. They also exist in the smallest market as well.
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The one thing that folks fail to recognize is that the Packers are the only team in professional sports that does not have a wealthy owner or a group of wealthy owners. It’s safe to say that plenty of teams would be in favor of doing that. Why not go directly to the taxpayers with one hand open and the other hand holding sheets of paper telling them they own something that they don’t actually own?Īs places like South Florida commencing the process of stiff-arming billionaires who want a little welfare, it makes sense to go straight to fans who would be honored to give up even more of their money in order to keep the team in town. Why not allow other teams to sell a small piece of their equity via non-stock stock that would give fans a chance to buy a non-piece piece of the team?Ĭurrently, teams that need new or upgraded stadiums try to get the politicians to kick in taxpayer money.
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Murphy’s answer, which didn’t address the portion of the question that said “I know it really doesn’t hold any true value,” raises a point that the NFL should explore when it comes to raising money for other team stadiums in the future. By the late 2020s, I would say that Lambeau Field would be ready for another major renovation!” If you look back over our history, we hold stock sales every 15 to 20 years. For this reason, the proceeds from any stock sale have to go directly into the stadium. Since the other teams in the League cannot conduct stock sales, the concern is that we would be at a competitive advantage if we were able to conduct stock sales on a regular basis to operate the organization. “Any future stock sales would have to be approved by the League. “I do not anticipate another stock sale in the near future,” Murphy said. Packers CEO Mark Murphy recently explained how it works in his latest Q&A session on the team’s official website. Which makes it the ultimate money-for-nothing vehicle for raising money from fans who want to be technically accurate when they refer to the team as “we.”įor Packers fans who don’t already have a worthless piece of paper that says they own something that can’t be owned like shares in corporations with shares traded on the open market, they won’t be able to buy the suitable-for-framing evidence of non-ownership until the league allows them to do it again. 21 love.Only the Green Bay Packers have a public ownership structure, via stock that isn’t actually stock because it has no appreciating value and can’t be re-sold.
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Landon Collins (left) and Haha Clinton-Dix show their No. For that to translate to outward support from an NFL star like Clinton-Dix sends a powerful message about how far our community has come in and outside the sports world. The tragic massacre that took the lives of 49 people in the gay bar Pulse has united the City of Orlando around the LGBT community. It’s great to see Clinton-Dix wearing the rainbow heart of Orlando United. He’s been a full-time starter for the Packers almost since getting drafted. He played college football for Nick Saban at Alabama and was drafted in the first round by the Packers in 2014.
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While he could not wear a patch or other display on his jersey (per NFL rules), he found a way to show his love nonetheless.Ĭlinton-Dix, 23, was born in Orlando. 21 wasn’t shy about showing off the T-shirt either, lifting up or taking off his jersey in several Instagram photos to demonstrate his support. Green Bay Packers safety Haha Clinton-Dix showed his love for the LGBT community in his team’s Sunday Night Football game against the New York Giants by wearing an Orlando United T-shirt under his jersey.