
Organization
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Green Bay Packers, Inc. is an American publicly held, nonprofit corporation that owns the Green Bay Packers, an American football franchise based in Green Bay, Wisconsin, that plays in the National Football League (NFL). The corporation was established in 1923 as the Green Bay Football Corporation and received its current legal name in 1935. The Packers are the only NFL club that is owned by a public corporation, the only major professional sports franchise in the United States that is a nonprofit entity, and one of only a few such teams that are not privately held. Rather than being the property of an individual, partnership, or corporate entity, they are held as of 2022 by 538,967 stockholders. No one is allowed to hold more than 200,000 shares, which represents approximately four percent of the 5,204,625 shares currently outstanding.