Green bay packers who owns them

In , the team again expanded its sale of stock, selling an additional 30, shares. I remember my uncle excitedly showing me his share, framed and displayed prominently in his otherwise lightly adorned living room. Admittedly, the Packers organization still functions within capitalism. Although it lacks an owner, the team otherwise engages in all the same market-based exchanges as other teams.

The Packers do show, however, how one communist principle might float within a capitalist sea. Without an owner, more people overall benefit.

The team benefits first to be sure. But its interest happens to be the first interest of fans like my dad as well. My biased view is that it is unique, even among die-hards. Otherwise, my dad is a rather typical Wisconsinite of his generation. He was born and raised in Sheboygan , where he still lives. He grew up in an era when higher education was not the assumed post-graduation trajectory, so he became a laborer in a toilet seat factory.

I know because I worked with him for two summers in college. What makes it hard, for starters, is that the factory line always goes at the same pace. If you are feeling tired, sore or sluggish, you must keep up with the brisk, mechanical pace of the line.

The job takes a physical toll. I remember getting home from work one night and sitting down to watch a movie on the couch at p. I was My dad has worked there 40 years and will continue to do so until he retires at As a laborer in a family-owned factory, my dad is well aware who profits when the company does: The family who owns it. Educated entirely on biographies of the American founders and iconic presidents, he has a surprising knack for seeing exploitation and inequality.

I saw this in action when he went on about the benefits of the Packers not having an owner. Not only has home field been sold out for two decades, but during snowstorms, the team routinely puts out calls for volunteers to help shovel and is never disappointed by the response.

Here are the Packers: financially solvent, competitive, and deeply connected to the hundred thousand person city of Green Bay. The late N. I talked with Rick Chernick, a member of the Packers board of directors, about whether other communities should challenge the N. Chernick expressed doubt, saying:. The cost of ownership is a ton today, thus being almost an impossible task without deep pockets.

Green Bay is truly a special, special situation. Chernick makes a valid point. But there is a strong counterargument as well. Being an N. In addition, N. In other words, the public is already shouldering a great deal of the cost and debt for N.

National revenue — the amount that each team receives from the league primarily through its multi-billion-dollar TV contracts — was great. But local revenue — ticket sales, sponsorships, game-day income, merchandise sales, etc. The interesting part? In the end, each NFL franchise will be different. The Packers had limited fans for their final four home games, plus 2 playoff games. Some teams had more, while others had less, reflecting in different local revenue figures throughout the league.

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