The Green Bay Packers are owned by more than 538,000 public shareholders who collectively hold approximately 5.2 million shares of Green Bay Packers, Inc. Ed Policy became President and CEO in 2025, succeeding Mark Murphy.
- 538,967 shareholders hold 5,204,625 shares as of 2025, per the team’s official media guide.
- No single shareholder can own more than 4% of all shares outstanding.
- The 2021–2022 stock sale raised $64 million through 194,537 shares priced at $300 each.
- The Packers generated $638 million in revenue in fiscal year 2023, per public financial disclosure.
- CNBC valued Green Bay Packers, Inc. at $6.3 billion, ranking it 12th among all 32 NFL franchises.
Who Owns The Green Bay Packers?
Green Bay Packers, Inc. is a publicly held nonprofit corporation — the only structure of its kind in American major league professional sports. It has operated this way since August 18, 1923, when local businessmen organized the first public stock sale to rescue the franchise from insolvency.
The NFL bars corporate ownership, requiring every franchise to have a controlling owner holding at least 30% of equity. The Packers are exempt because their structure predates the rule, grandfathered in when the league’s ownership policies took their current shape in the 1980s. A 45-member board of directors — elected annually by shareholders — governs the corporation. A seven-member executive committee handles major decisions and approves capital expenditures. The elected president represents Green Bay at NFL owner meetings and is the only officer who receives compensation.
The Packers: Origin, Founders, and Early Years
Earl “Curly” Lambeau and newspaper editor George Whitney Calhoun founded the team on August 11, 1919, in Green Bay, Wisconsin. Lambeau, a shipping clerk at the Indian Packing Company, secured $500 for uniforms and equipment — on the condition the team carry the company’s name.
The club joined the American Professional Football Association in 1921, which became the NFL a year later. After a fan lawsuit drained the team’s reserves, five local businessmen known as the “Hungry Five” organized the first stock sale in 1923 — 1,000 shares at $5 each, raising $5,000 to form the Green Bay Football Corporation. Much like Nike’s grassroots origins, the Packers’ survival rested on community support rather than a wealthy private backer.
Largest Shareholders of The Green Bay Packers
Public Shareholders
- 538,967 individuals as of 2025
- No single person holds more than ~4%
- Shares cannot be traded on any market
- Voting rights at annual shareholder meeting
- No dividends paid on any share
Executive Committee
- 7 members elected from the board
- Approves major capital expenditures
- Sets corporate governance policy
- Serves as the NFL “owner of record”
- Members serve without compensation
Board of Directors
- 45 directors elected by stockholders
- Includes former players and business leaders
- Mandatory retirement age for all directors
- Annual election held at Lambeau Field
- Proxy voting available to all shareholders
Who Is on the Board of Directors for The Green Bay Packers?
Executive Leadership
Former Players on the Board
Business & Civic Directors
How Did The Green Bay Packers Get Their Name?
The name traces directly to Lambeau’s employer in 1919. The Indian Packing Company gave him $500 for uniforms on the condition the team carry the company’s name. Lambeau had wanted to call them the “Indians,” but his girlfriend Agnes Aylward suggested “Packers” instead, and it stuck.
When Acme Packing Company acquired Indian Packing in 1920, the team briefly played as the “Acme Packers,” but the informal name never faded. By the time the Green Bay Football Corporation incorporated in 1923, “Packers” was permanent. Much like Anheuser-Busch’s brand surviving its Belgian ownership transition, the Packers’ original sponsor branding outlasted every structural change the franchise went through.
The Green Bay Packers Mission Statement
The Packers state their purpose plainly: win the Lombardi Trophy and make a measurable difference in the community. When Ed Policy accepted the presidency, he said publicly that “The Lombardi Trophy will always be our North Star, and ensuring a positive impact on our community will continue to be paramount in our decision-making.”
The nonprofit structure enforces this. Surplus revenue funds Lambeau Field operations and community programs rather than flowing to private investors. The Packers are also the only major North American sports franchise required to release a public financial statement each year — a transparency standard no privately held team faces.
The Green Bay Packers: Products and Services
Game Day Experiences
- NFL home games at Lambeau Field (81,441 capacity)
- Preseason and playoff home matchups
- Premium club seating and suites
- Season ticket waiting list spanning decades
Stadium Tours & Attractions
- Year-round guided Lambeau Field tours
- Interactive atrium and Walk of Legends
- Concerts and corporate event hosting
- Green Bay Packers Hall of Fame museum
Merchandise & Retail
- Packers Pro Shop at Lambeau and online
- Official NFL-licensed apparel and equipment
- Foamation Cheesehead products (acquired 2023)
- Shareholder-exclusive merchandise
Media & Digital
- Packers.com news, video, and streaming
- Official Packers Mobile App
- PackersTV digital channel
- NFL broadcast presence on CBS, Fox, NBC, ESPN, and Amazon
Community Programs
- Packers Give Back Foundation grants
- Youth football development across Wisconsin
- Annual Lambeau Field shareholder meeting
- Player appearances and outreach events
Stock Certificates
- Sold during official sales only (last: 2021–2022)
- $300 per share in the most recent offering
- No dividend, no market value, no equity interest
- Includes voting rights and shareholder-only perks
FAQ
When did the Green Bay Packers come out?
The Green Bay Packers were founded on August 11, 1919, by Curly Lambeau and George Whitney Calhoun. They joined the American Professional Football Association in 1921 — which became the NFL in 1922 — making them the league’s third-oldest franchise.
Is the Green Bay Packers still operational?
Yes. The Packers are fully operational, playing home games at Lambeau Field in Green Bay, Wisconsin as a member of the NFC North division. Ed Policy serves as President and CEO as of 2025.
Who owns the Green Bay Packers?
The Packers are owned by 538,967 public shareholders collectively holding 5,204,625 shares of Green Bay Packers, Inc. No individual owns more than ~4% of total shares. A 45-member board and 7-member executive committee govern the corporation.
What is the net worth of the Green Bay Packers?
CNBC valued the Green Bay Packers franchise at approximately $6.3 billion, ranking them 12th among all 32 NFL teams. The team generated $638 million in revenue in fiscal year 2023, per the franchise’s annual public financial disclosure.
What is the Green Bay Packers market cap in 2026?
As a nonprofit, the Packers have no traditional market cap. Analysts place franchise value near $6.3 billion. Shares carry no market value and cannot be traded. Growth in sports betting platforms like DraftKings has lifted NFL valuations league-wide.
