Fans own the Green Bay Packers through 539,202 shareholder accounts in Green Bay Packers, Inc., a nonprofit. No one person controls the team.
The Packers reported $753 million in revenue for fiscal 2026 in their annual report released on July 24, 2026.
- Green Bay Packers, Inc. lists 539,202 shareholder accounts.
- The corporation has 5,204,603 shares outstanding.
- Revenue reached $753 million in fiscal 2026, which ended March 31.
- Forbes valued the Packers at $8.6 billion in September 2026.
- The latest stock sale priced each share at $300.
Who Owns the Green Bay Packers?
Fans own the Green Bay Packers. It is the only NFL team owned by its fans. A board of 46 directors runs it for them.
That sets it apart from the investor group that bought the Washington Commanders in 2023.
Packers shareholder rules and rights
Shares pay no dividends and cannot be resold, except back to the team or to close family. No one may hold more than 200,000 shares.
Owners get a vote and an invite to the July meeting.
Green Bay Packers stock sales since 1923
| Year | Shares sold | Price per share | Amount raised |
|---|---|---|---|
| 1923 | 1,000 | $5 | $5,000 |
| 1935 | 600 | $25 | $15,000 |
| 1950 | 4,700 | $25 | $118,000 |
| 1997–98 | 120,010 | $200 | $24 million |
| 2011–12 | 269,000 | $250 | $64 million |
| 2021–22 | 194,537 | $300 | $64 million |
Green Bay Packers Origin, Founders and Early Years
Curly Lambeau and George Calhoun start the team
Curly Lambeau and George Whitney Calhoun founded the Packers on August 11, 1919, at a meeting in the Green Bay Press-Gazette office.
The team joined the league that later became the NFL in 1921.
The Hungry Five and the 1923 nonprofit
Money ran short by 1923. Five local men, later called the Hungry Five, set up the Green Bay Football Corporation on August 18, 1923.
Andrew Turnbull, Lambeau, Calhoun, Gerald Clifford and Leland Joannes led that group.
Largest Shareholders of the Green Bay Packers
Community shareholders
- 539,202 accounts hold 5,204,603 shares.
- No holder may own more than 200,000 shares.
- Shares carry votes but no dividends.
2021–22 stock buyers
- Bought 194,537 shares at $300 each.
- The sale raised about $64 million.
- Funds went to Lambeau Field upgrades.
2011–12 stock buyers
- Bought 269,000 shares at $250 each.
- The sale raised more than $64 million.
- Money paid for the Lambeau Field south end zone expansion.
1997–98 stock buyers
- Bought 120,010 shares at $200 each.
- The sale raised more than $24 million.
- It followed a stock split that turned each old share into 1,000.
Green Bay Packers Foundation
- Holds no shares but gets all profits if the team is ever sold.
- Replaced an American Legion post as beneficiary in 1997.
- Gives grants to charities across Wisconsin.
Who Is on the Board of Directors for the Green Bay Packers?
Executive committee and team leadership
Ed Policy joined the Packers as general counsel after nine years with the Arena Football League.
Policy became president and CEO in July, taking over from Mark Murphy.
Michael Simmer is vice president and lead director. Karl Schmidt is treasurer, and Daniel Ariens is secretary.
Marcia Anderson, Donald Long Jr. and Michael Barber fill the other seats on the seven-member executive committee.
Business and finance directors
Daniel Ariens heads AriensCo, the Brillion maker of snow blowers and mowers.
Philip Flynn is the former CEO of Associated Banc-Corp in Green Bay.
Jeffrey Joerres led ManpowerGroup. Mark Rourke runs Schneider National.
Former players and public service
LeRoy Butler, a Packers safety from 1990 to 2001, entered the Pro Football Hall of Fame.
George Koonce Jr. and Harry Sydney III, both former Packers players, also sit on the board.
Marcia Anderson is a retired Army Reserve major general. John Zakowski is a Brown County judge.
Green Bay Packers Products and Services
Packers football team
- Plays in the NFC North division of the NFL.
- Has won 13 league titles, the most in NFL history.
- Won four Super Bowls: I, II, XXXI and XLV.
Lambeau Field
- Opened in 1957 as City Stadium.
- Took the Lambeau name in 1965.
- Seats 81,441 fans for home games.
- Hosts concerts, college games and stadium tours.
Packers Hall of Fame
- Sits inside the Lambeau Field Atrium.
- Covers team history, trophies and past stars.
Packers Pro Shop
- Sells jerseys, hats and team gear.
- Runs a store at Lambeau and an online shop.
Titletown district
- Opened in 2017 next to Lambeau Field.
- Has a public plaza, a winter tubing hill and places to eat.
- Includes Titletown Tech, a startup fund built with Microsoft.
How Did the Green Bay Packers Get Their Name?
The Packers took their name from a meat company. Curly Lambeau worked at the Indian Packing Company in Green Bay in 1919.
He asked his boss for money to start a team. The company gave $500 for uniforms and gear and let the players use its field.
In return, the club carried the sponsor’s name. Local papers called the players the Indians at first, but “Packers” won out.
The Acme Packing Company bought the Indian Packing Company in 1921. The jerseys read “Acme Packers” that season. The name stayed after the meat firms left.
Green Bay Packers Mission Statement
The Packers do not publish a slogan-style mission. Their articles of incorporation set the purpose.
Those articles call the team “a community project intended to promote community welfare.” Football is the means to that end.
The rules keep the team in Green Bay. Profits go back into the club and Lambeau Field, not to owners.
That setup differs from Jerry Jones’s control of the Dallas Cowboys.
It also differs from the Hunt family’s hold on the Kansas City Chiefs.
Revenue still depends on the league’s reach, shown in NFL viewership and fan data.
FAQ
What is the net worth of the Green Bay Packers?
Forbes valued the Green Bay Packers at $8.6 billion in September 2026, 20th among NFL teams. The Packers reported $132.5 million in net income on $753 million of revenue for fiscal 2026.
Are the Green Bay Packers an American company?
Yes. Green Bay Packers, Inc. is a nonprofit corporation based in Green Bay, Wisconsin. It was formed under Wisconsin law in 1923 and has always played its home games in Green Bay.
Who owns the Green Bay Packers?
Fans own the Green Bay Packers. 539,202 shareholder accounts hold 5,204,603 shares in Green Bay Packers, Inc. No one may own more than 200,000 shares, and shares pay no dividends.
Green Bay Packers market cap in 2026
The Green Bay Packers have no market cap because their shares do not trade on a stock exchange. Forbes set the team’s value at $8.6 billion in September 2026.
When did the Green Bay Packers come out?
The Green Bay Packers were founded on August 11, 1919. The team joined the league that became the NFL in 1921 and became a nonprofit corporation on August 18, 1923.
