The Green Bay Packers are the only publicly-owned NFL team, valued at $6.3 billion. Their ownership model originated over 100 years ago, involving six stock offerings between 1923 and 2021. Each individual can hold up to 200,000 shares, which have fluctuated in price from $5 to around $300. Presently, there are over 538,000 shareholders owning more than 5.2 million shares. These shares provide voting rights but do not yield dividends or possess market value; shareholders can only sell back to the team at a reduced price. The Packers report their revenues and expenses annually and generated $638 million in revenue and $128 million in earnings in 2023. These earnings support player salaries, operations, and the maintenance of Lambeau Field. The team ranks as the 12th most valuable franchise in the NFL, despite being in the smallest television market.
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