The cowboys got destroyed by a go fund me team in the first round LOL

@ammazer1229

18 күн бұрын

I’d rather have that structure then Jerry Jones any day of the week

@Bread-Loaf-VR

18 күн бұрын

@@ammazer1229 FR 😂

@codyschexnider3863

18 күн бұрын

A go fund me team with a trash QB

@Poopfartofficial

18 күн бұрын

@@codyschexnider3863Jordan love is good

@Smokeytactical

18 күн бұрын

I hate my team sometimes man.

Green Bay are the only major sports team doing ownership right if you ask me.

@DarthTiger1

18 күн бұрын

When you look outside of the US, other teams and leagues are doing similar things such as the 50+1 rule in the Bundesliga.

@usernamenotwrittenoutoflaz9865

18 күн бұрын

@@DarthTiger1 Obligatory fuck RB Leipzig

@h1enz_beanso413

18 күн бұрын

Yh In the US u mean but it’s coming to all sports everywhere cos sports r no longer about the fans

@KingPongC327

18 күн бұрын

@@DarthTiger1it’s a great rule but worded so weirdly why can’t it just be 51% rule 😭

@DarthTiger1

18 күн бұрын

@@KingPongC327 it is named really weird lol

thats probably why greenbay are so fond of their team. they love them so when the team loses they all get hurt along side them. thats a loyal fan base. supporting your team through thick and thin

@rideredRC51

8 күн бұрын

Nope. That's just how little else there is to do in Wisconsin and the fans use it as justification for their alcoholism.

@BillyJameson-dc6mw

5 күн бұрын

@@zackmarquardt5053on god

Not a single packers fan cares how much their share is worth

@roleplayinchatroom

9 күн бұрын

Do you know all packers fans to ever exist?

@talentlesscommenter1329

7 күн бұрын

@@roleplayinchatroomI know all of them personally and none of them care how much each share is worth.

@BulkMuIch

7 күн бұрын

@@roleplayinchatroomweird ass reply

@ConnyBaby

5 күн бұрын

@@roleplayinchatroomcan confirm as a packer fan, bought my first stock and hoping to buy many more. Team is worth every penny in my opinion

@glenchapman3899

4 күн бұрын

@@roleplayinchatroom We are told before the issue that there is no stock dividend. So it is no secret that that the stock holding is worthless.

There's also an annual shareholder meeting to discuss the teams financials, and you get voting rights, like for Mark Murphys' upcoming replacement. The day of the meeting only shareholders are allowed in the proshop, and there are shareholder only merch.

Remember, they get the Milwaukee and Madison media markets too as well as most of the rest of Wisconsin

@jacoblfc1318

16 күн бұрын

Yup. People here in Southern Wisconsin will GLADLY make the drive to see the Packers play once or twice per year.

@zpdrsn6315

14 күн бұрын

They used to split home games between green bay and Milwaukee back in the day

It’s how sports should be

@blazingbattlehawk9626

16 күн бұрын

New York and Los Angeles would obliterate everyone

@FrogGuy-tt1wq

13 күн бұрын

@@blazingbattlehawk9626the salary cap doesn’t just disappear when the teams become publicly owned goober

@i.theworstguys298

13 күн бұрын

@@blazingbattlehawk9626 yeah if the salary cap didn’t exist bozo. most super bowl winners aren’t those teams

@eliyarrows2456

8 күн бұрын

@@FrogGuy-tt1wqyeah but they would have by far the best facilities and arenas which would attract even more players.

@PNWestBlotter

8 күн бұрын

​@@eliyarrows2456LA & NY teams are usually already owned by owners/groups with the deepest pockets. The Lakers are the only big exception I can think of offhand.

I’m a proud packer shareholder and I can tell you now that it is NOT worthless. That thing means so much more than $300 to me. It makes me feel like I’m apart of the packers, not just a fan. That stock certificate in my room is becoming a family heirloom when I die!

@theoneafterthelast

4 күн бұрын

You're passing a devalued penny down every generation lol.

Crazy that a bunch of billionaires decided that they are the only ones allowed to have ownership of nfl teams and we just accept it

@lizardoclock2331

9 күн бұрын

It was the 80s. I don't think anything else needs to be said.

@Generic_Name_1-1

8 күн бұрын

​@@lizardoclock2331as if it wouldn't become the same way even faster if it happened today 😂

@TheRealRusDaddy

8 күн бұрын

@@lizardoclock2331everyones face was buried in coke or crack why pay attention to the government or corpos being shady

@Suchfax

7 күн бұрын

Crazy how a bunch of billionaires decided that they are the only ones allowed to have ownership of literally everything on the planet and we just accept it

@teasgonecold26

3 күн бұрын

They just recently did a houses version 😅

This is how the ENTIRE Bundesliga operates! Of all the major leagues in Europe the BL has the most spirited competition even with Bayern winning all the time.

@vsocarras27

18 күн бұрын

Yup the 50+1 rule of 1998 I’ve heard of it the only exceptions to this rule for clubs are VfL Wolfsburg, TSG 1899 Hoffenheim, and Bayer 04 Leverkusen

@gotticketsjr2108

18 күн бұрын

@@vsocarras27 yeah Leverkusen and Wolfsburg were already owned by Bayer and VW respectively since club inception. Hoffenheim recently went back as the co-owner they made the exception for sold his shares.

@duyanhng8430

18 күн бұрын

there’s like a good 5-6 teams that are exempt from this iirc

@crimsonsnow2469

16 күн бұрын

If only the Bundesliga had a cap space, then it would probably be the most fairest league.

@drodrig1

16 күн бұрын

​@@crimsonsnow2469but then no one would want to go there

The stocks aren’t worthless. You’re paying for the privilege of “owning” a very small fraction of a sports team. You’ve earned that pride that goes along with every victory and the pain of every loss. This makes perfect sense. It’s not ideal, and it wouldn’t work for the whole league, but it makes GB special.

400000 people AND IM ONE OF THEM 300 BUCKS WELL SPENT GO PACK GO (also bc I own the packers and the packers own the bears I basically own 2 nfl franchises)

@davidshaffer641

12 күн бұрын

Nice

@ShadowSoccerAddict

11 күн бұрын

I love it! I never thought that I owned 2 franchises before! Sweet! Go Pack Go!

@AlphaXVIgames

7 күн бұрын

I do too lets goooooo packers!!!

@theoneafterthelast

4 күн бұрын

You're braindead.

Not really worthless when they use the money too add seats and upgrade the stadium. I’ll gladly chip in to have the largest Jumbotrons in the NFL and a game day experience that’s second to none.

As an owner of Packer Stock, I can wholeheartedly say that we know they're "worthless," but they're a novelty, and that novelty is priceless to us.

The story of how this happened was kinda by accident. When the Packers formed in 1919, the players mainly consisted of guys who worked for the Indian ACME Packing Company, since it was written that you had to work and play football. However, the players weren't paid while they were playing, so they would allow fans in for free and ask for donations to pay the players. Soon after that happened, we get what we have today: the only publicly owned major sports franchise in US and Canada

@theoneafterthelast

4 күн бұрын

There are many publicly owned major sport franchises in America and Canada.

Packers need money and the fans just give 90 mil without hesitation.

@AlphaXVIgames

7 күн бұрын

Absolutely, we love our team and show it.

Got my momma one in 2021, and when they do it again I'll get myself one. Love the pack.

I’m a diehard Packers fan and a proud shareholder. Love my team with a passion, forever and always. Go Pack Go 💚💛🧀

1) there are a couple of types of shares as they had to split unissued share for later sales. I have the 1997 issue, I can pass it on in inheritance or sell it back to the team for 2 cents. 2) you have a proportional vote based on class of shares to vote for the board of directors and run for a board position 3) you can attend the shareholders annual meeting to learn about and discuss the operations of the team 4) you get a really sharp certificate of ownership

Its worth it for the team. Team spirit is its true value. I dont even care for sports but i find that so cool.

You're wrong. You could never move the Packers. Immediate fan revolt like no one's ever seen. Also, the league would NEVER allow it. I don't think ppl in the new city would show up to tell them to go home. There would have to be horrific tragedy where the town got devastated worse than N.O. before they could ever move, even temporarily.

We should do all sports like this

The guy right before the halfway point is called Tundra Man! Super cool guy. A little quiet though. His seats are right next to my season seats!

I would say they work more like bonds that don’t make money but can still be cherished as an heirloom. They failed to mention that owners vote for who will serve on the team’s board where they make really important decisions.

Even as a Lion fan, I think this is the coolest way to run a team. I get why the fandom runs so deep now.

Sort of what Europe has been doing since forever

@Alex-zs3kn

16 күн бұрын

It pretty much how college sports work in the US

John Green (author/podcaster) does the same thing with a small soccer team called AFC Whimbledon

i remember when i was young, maybe like 2009 my parents bought a share of the Packers for our family on Christmas. i didn’t understand it but i thought it was cool cause my dad said “we own the Packers”

This is actually a similar system to the Bundesliga in Germany and my hometown team the Cairns Taipans in Australia’s National Basketball League.

Yeaaa it may be worthless but you get season tickets!!!!!!!!! Family been had season tickets now as long as i been alive thanks to this so i get to go to a game of my choice alot and its normally when we beat the cowboys

Wisconsin sports are close to a cult. I'm proud of it.

Actually very wholesome way of preventing big corpa from doing deals with city government.

And it always will. They get funding through taxes as well. But I don't see the fan base dying off enough to sell to a majority owner.

I love this is a European football fan.

Our entire family owns packer “stock”. What’s pretty fun is, it goes to doing certain add ons, so when we go to Lambeau, we will look at a random square of concrete or string of LED lights and say “yup, I payed for that”.

They are not worthless. You do get a vote. It's not a very useful vote, but you get a vote. It's a vote for the board of directors who, in turn, elect the executive council who appoint the team president who serves as team owner and they pick a gm with advice of council. Also you get a discount at the packers store. So it's not worth much, but not worthless.

It’s a common system in the rest of the world. Same thing happens with pro sports in Argentina and Germany. Teams are more like clubs with members rather than fans.

Packer fans do get to vote on team operations with the stocks

Publicly owned by like 3 people and the city of GB, millions in yearly profits as a nonprofit company and they still beg taxpayers for stadium upgrades every year.

I love how this is such a foreign concept ONLY to Americans

@mr.dappermarsh3213

6 күн бұрын

Even the idea that this one team is so special that it’s the only one that couldn’t move, there was literally 1 club in England that moved and now it’s one of the most hated

Its not useless to these people. They care about their team and see it as a way to be engaged in their community in a meaningful way. Not all capitalism is greedy

Huh that makes more sense why they are the definition of ride or die for that team they deadass fund them 😭

No owner would ever move this team…it’s far more valuable than 90% of the others. Market is largely meaningless in the NFL and the Packers have fans everywhere.

This is everything that’s wrong with American sports. The fact that all American sports teams aren’t majority owned by the fans or the City is crazy. And the fact that they aren’t even allowed to do it is even worse.

Yeah, I have one share

this is a way way better system than we have with teams getting cities to jack up taxes.

How the packers are treated as a non profit is fucking hilarious

Yeah, we pay our team directly.

That stock isn't worthless. You're investing in your team and your community! 👻

You’re missing a big point. They buy the shares so the team doesn’t have to dip into tax money to stay in state.

They have to be an owner to buy season tickets I think too

Not to mention they have a 60 year waitlist for their season tickets.. they’ve been sold out of their tickets since 1960.. people actually leave their spot on the waitlist in their wills when they die.. that’s why the team will always stay in Green Bay.. interest and support are too high for the team to leave or to change its status as a publicly owned team.. remember this one time the team sent a newsletter saying they needed contributions to sign big players, and they more then exceeded the target .. everyone pulling in the same direction, a lot can be achieved

I’ve never met a packers fan that’s actually from Wisconsin

Go pack go!!!!!

That's why their stadium has never had any real upgrades in years like a dome

So if no one receives dividends from all the money the Packers make, where does that money go? Operational costs aside, in this era where ticket and concession prices are kind of inflated, why would they need a fund raiser? I mean, realistically, I find it really difficult to believe at the end of the year, their ledgers are at base zero.

They are a charity close to make a wish but for a football team

Aren’t they still worth something as a collectible?

That’s $90,000,000 they’ll be alright

Go Pack Go!!!!

Moving a sport team to a different City completly Impossible in Football the fans are the team

American football teams must be owned by a rich person in a suit and the fans are banned. Meanwhile German football teams must be owned by the fans with the 50+1 rule.

So you’re saying the packers are a charity case, gotcha.

So where does the profit that the packers make go? How am I the only one wondering this.

It does grant you the privlige of attending the owners meeting.

You know why they banned this right? Maximize profits of course.

I disagree with everyone saying ‘how every team should be’ because not every team Is gonna be full of people willing to waste their money paying for a billionaire sports team

you'd think it makes sense for a sports team to be owned by the people who love the team, but evidently the NFL knows better than Green Bay and the rest of the world outside the US.

Like if you were today years old when you found out that "grandfathered in" comes from when they made laws to restrict black people from voting but made exceptions in the rule to where if your grandfather could vote Back in 1865...then you could also vote, which obviously wouldn't have been true of any of the newly freed slaves

My dad’s an owner I know 1 out of 400,000 isn’t mind blowing but there you are. Also correct me if I’m wrong but the packer can’t leave if they can’t continue to operate all their assets and land gets turned into a WWI (yes one not two) memorial

It's just like the 50+1 in germany

Hey Americans, I know no one tells you this but getting money out of something is not the only reason to put money into something. I know that that’s an unpopular opinion.

Where does the profit go?

only american sports team that can be compared to any european in terms of passion then

And how you have generations of dedicated fans. Do it like europe.

So for 300$ you own 3 teams...not bad

And this is why The Green Bay Packers are such a legendary team!!! Oh and F@#K DA BEARS!!!😂😂😂

That’s ironically called communism 😂

I’ve been wondering this for years now but who has the final say in making decisions for the team?

@d0ntfeedphil447

15 күн бұрын

The president of football operations (Mark Murphy) is the de facto representative of the team when it comes to stuff like owners meetings. Outside of him the general manager has full control of football decisions.

Pretty much its like this anyway... We just dont have a choice in it. Our tax payers build new stadiums regardless. Kinda weird a 175 billion dollar business. Cant build there own stadiums.

Most recent one my father, brother, and myself all became owners. And god damn it its not about the money you idiots, its about supporting the team. People are like "omg its worth nothing" as if any other sports fans wouldnt do the exact same thing to become owners if they could

How do they sign players then?

so the cowboys got smoked by a charity team. LMAOOOO

Lololol the whole nfc north was ran by them for years🥲it’s our turn now baby. That’s cool tho I knew that but still really cool and needed today almost I’m thinking some of the northern teams in a nhl would have enough love for a team to do so if ever pushed.

So who pockets all the profits of the "legally a nonprofit" team?

@invisalats841

14 күн бұрын

They have to be reinvested, and the team can't have a savings for rainy days, so to speak. So all the income must be spent in that fiscal year. They spend a ton of money maintaining the stadium and paying the players and staff. I don't know their exact breakdown, but I'm sure the primary shareholders probably see significant benefits, but the team itself doesn't make a profit.

The only other team worthy of such an ownership structure is the Browns. And I'd happily buy up those worthless shares

Im a shareholder lol 😆 😅

50 + 1

I’ve always wondered how a multi-million dollar franchise could still operate in a backwater city in Northern Wisconsin. They’ve really got team ownership down and it shows from the support of the fans.

@praetorjaeger

9 күн бұрын

Backwater city? I hate green bay but that’s because I am from Wisconsin, it is not a backwater though.

They are just a German team

Packer fans are just different

So there like german teams. Owned by the fans!

I bought one

wait so who calls the shots?

@mrp8008

10 күн бұрын

An elected president of the club represents them in league wide owners meetings and a manager of some kind would be in control of all sporting activities, that's the basic model for fan owned clubs

clickbait first sentence

But yet those owners by name only never make draft picks so hold absolutely no power

Sounds a little socialist

I wouldn’t say it works at all. Their stadium is a piece of trash

American sports 😴😴

And thats why they have the worse stadium in sports