ipl-logo

Green Bay Packers Inc. Case Study

557 Words3 Pages

“Green Bay Packers Inc., has been a publicly owned, nonprofit corporation since Aug. 18, 1923” and are currently the only publicly owned sports franchise in North America. The team is run by a board of directors and an executive committee. “Fans have supported the team financially through five stock sales: 1923, 1935, 1950, 1997 and 2011.”

The other teams in the NFL are held to rule that has been in place since the 1950s. This rule requires “a franchise 's largest owner to possess minimum percentage of shares, and only Green Bay was grandfathered in.” To purchase a portion of the Packers, it costs $250 a share. The stock pays no dividends , is not tradable, has a no securities-law protection, and shareholders do not benefit from …show more content…

They have little to no say in team decisions and their stake in the team provides them with no profit. "Even if the team should ever be sold, shareholders will not receive a slice of the purchasing price, or even get their initial investments back. Any profits from the sale of the team will go to the Packers ' charitable foundation in Green Bay. "

All that being said, I think that the NFL should change the rule and allow other teams to go public, enabling fans to purchase a portion of their teams. This should only occur if the league makes provisions that require qualified individuals to be in decision-making positions within the organization. This will prevent the occurrence of a “too many hats” problem, which is when there are too many differing opinions that prevent constructive decision making from transpiring.

Additionally, teams should attempt to follow Green Bay’s example when establishing guidelines. Potential shareholders must understand that they are purchasing common stock, which is not stock as most people understand it. “It can 't go down, it can 't go up, you can 't sell it, and you can 't cash in.” This must all be explained to prospective shareholders. If purchasers clearly understand exactly what they are buying and that they are essentially, making a donation and still choose to do so, then they should be

Show More
Related

  • Lambeau Field Research Paper

    952 Words  | 4 Pages

    These are just a few of the all time greats that played on Lambeau Field. Other than the team Hall of Fame, more than 12,000 seats were added to the top of the stadium as well as many new luxury suites. With all the extra seating and new accommodations, the Packers are projected to have an economic effect of $13.5 million a game(Walker)! This economic boost will benefit the team and the community as a whole. These renovations have caused a massive boost in revenue and continue to create new opportunities for fans and players.

    Read More

  • History Of American Football

    1662 Words  | 7 Pages

    Professional football had originated in the towns of western Pennsylvania and taken root in the smaller cities of Ohio. In 1920, a group of midwestern teams met to form the American Professional Football Association, changed the next year to the National Football League. In the 1920s and 1930s, NFL teams often went bankrupt or moved and changed names, and professional football ranked a distant second to college football in

    Read More

  • American Football Sociology

    721 Words  | 3 Pages

    Sports journalists from across the media spectrum had reacted to the Saints’ bounty scandal in a unified voice. Through JumboSearch, I dredged up their consensus: the New Orleans Saints had breached the ‘bounty-rule,’ a Constitutional clause that outlawed targeted, incentivized violence. In one report, the ‘bounty-rule’ supposedly outlined in the League Constitution was lifted verbatim from a policy piece I had read earlier. Using that piece as my guide, I scoured the Constitution for the ‘bounty-rule’. It did not

    Read More

  • How Has Football Impacted Our Society

    1270 Words  | 6 Pages

    Another impact from football are the teams. NFL football teams bring in millions of fans, who bring millions of dollars in revenue to the cities. The NFL teams alone can make the city’s economy flourish. The NFL teams also offer millions of jobs to the people, from referees to maintenance workers (Easterbrook 256) Football also offers many scholarships and programs that helps many people go to colleges of their choice.

    Read More

  • Gil's Sportsplex Analysis

    550 Words  | 3 Pages

    According to the expenses and revenues data listed in table 4, Fried explains the financial situations for Gil’s sportsflex: the primary revenue comes from tournaments, coaching fees, league fees and concession sales; while, the mainly expenses are the payroll and loan repayment (9). Despite the solutions offered in the essay, the other solution is seeking more sponsorship corporate like selling naming rights. Although Gil has a strong reputation in the community and all of his friends recommend he name the sportsflex as “Gil’s Sportsflex”(Fried, 12), I believe it is still work when adding another local company’s name or a sports brand for the facility name. Because naming rights not only generate huge revenue annually, but also selling naming rights barely cost

    Read More

  • Green Bay Packers Research Paper

    724 Words  | 3 Pages

    Why the Packers are an Elite Team The start of the 2015 NFL season has been anticipated all year. Since the end of last season, many fans, analysts, and teams have been counting down to the start of the regular season, proclaiming that this year is, “our year.” One of those team that has a gratifying chance of having “their year” is the Green Bay Packers. The Packers are one of the present day elite teams in the NFL.

    Read More

  • Research Paper On Dallas Cowboys

    971 Words  | 4 Pages

    (3) The franchise itself was in a big growing market when Jones became the manager. So, he knew he had to take many risks to become successful (11). The NFL popularity was also just expanding in the 1960’s into something that was going to change sports in the

    Read More

  • Informative Essay On Aaron Packers

    366 Words  | 2 Pages

    They end up throwing so many touchdowns against the Browns and the score ends up being 45-40 with a packers win and they made it to the super bowl. Then later that week they had to play the Dallas Cowboys to win the super bowl. It was the super bowl and it was the Cowboys ball and they ran it and a guy got smoked and flew all the way into the crowd and was out for the rest of the game. Since the guy that got injured was out and their best player the Cowboys then had no chance against the packer.

    Read More

  • Why Is The NFL Unnecessary?

    584 Words  | 3 Pages

    In today’s game if you touch the receiver after five yards off the line of scrimmage, the official would throw a penalty flag and send the defense back fifteen yards from the spot of the foul. This rule gives the receiver an unfair advantage, which is not

    Read More

  • Pros And Cons Of Municipal Bond Investments

    1449 Words  | 6 Pages

    Sports are something most Americans can relate to; many of us played some type of sport as a kid and some of us are die-hard fans. Sports have developed with us as a society and have become an interwoven piece of our culture and their effects can be seen in many cities countrywide. The facilities where these teams play can become a centerpiece of the local community and the teams themselves can bring people from all walks of life together in search of one mutual goal, for their team to win. The controversy arises when it comes to how many professional stadiums are routinely being funded and whether taxpayers should foot the multi-billion-dollar bill. This has not always been a controversy, however, as prior to 1953 stadiums were largely funded

    Read More

  • SWOT Analysis: The Pittsburgh Steelers

    1506 Words  | 7 Pages

    The Pittsburgh Steelers have arguably the most passionate fan base in all of football, making them a marketing and business giant, however, these key strengths for the Steelers are somewhat counterweighted by their weaknesses. To the naked eye the Steelers really have no stand-out drawbacks, they sell out practically every game at Heinz Field, but when taking a closer in depth look at the organization it appears that the Steelers suffer from the same downfalls as the rest of the National Football League. NFL fans are some of the oldest fans in all of sports, these fans that are of old age will soon not be physically able to go to as many games as they once have, the Steelers have one of the oldest fan demographics. Season tickets are passed

    Read More

  • Why Do Football Players Kneel

    430 Words  | 2 Pages

    “The issue of kneeling has nothing to do with race,” President trump says. “It is about respect for our country, flag and National Anthem” With that understanding, many veterans support NFL players who Neal during the National Anthem. Take John Middlemas, the 97 year old World War 2 veterans from Missouri who knelt on Sunday in solidarity with players. His photo went viral with a quote: “Those kids have every right to protest.

    Read More

  • Black Lives Matter Movement Rhetorical Analysis

    501 Words  | 3 Pages

    Overall, I support the NFL players they are focusing on the bigger issue that is in America. Everyone knows it, but does anyone else do something no. Many people are scared to use their voice because of the repercussions that occur. Our society needs to keep changing to satisfy all ethnicities and gender in our community.

    Read More

  • Bureaucracy In Modern Sports

    1050 Words  | 5 Pages

    Additionally, modern major league baseball followed an extremely similar path of existence via capitalist team owners. Within the book Sports in American Life: A History, there are two important aspects pointed out about the development of these major league teams. The first being that most sports venues built within the major leagues were paid for by team ownership. The second being when the owners banded together to create a single national league, they were able to heavily control the salary of players without fear of competition from other leagues. What these pseudo robber barons accomplished went far beyond lining their pockets.

    Read More

  • Concussions In American Football

    1061 Words  | 5 Pages

    The National Football League, or the NFL, is a league that consists of 32 teams from North America, averaging 53 people per team. In modern day society, the sport of American football is known as a violent and barbaric type of sport due to the reputation of the

    Read More

More about Green Bay Packers Inc. Case Study

Open Document