Category Archives: Packers Stock

25

July

The Rejected Shareholders Meeting Speech from Packers GM Ted Thompson

Packers GM Ted Thompson.

A source provided ALLGBP.com the below speech that was rejected by Ted Thompson for Wednesday’s Packers shareholder meeting. Unfortunately, Thompson decided to not use this speech, and just wasted everyone’s time like he’s done at every other shareholder meeting. Hopefully Ted changes his mind and uses a speech like this next year.

“Before I get started, I first want to thank everyone who is here today. Many of you forked over $250 to buy Packers’ stock a few years ago, and for that, the entire organization is truly grateful.

All of us in Packers’ upper management love you people, even though we think you’re insane and make jokes about you behind closed doors. I mean seriously, you guys fork over $250 so you can hang a certificate on your wall and come here every year to listen to me say absolutely nothing about your favorite football team. The last couple of years, I’ve literally stood at this very podium and read off the names on the roster. If you paid me $250 to listen to myself talk, I wouldn’t do it.

But I had an epiphany the other day. I was watching tape of some unknown prospect that you all have never heard of, but will one day get mad at me for drafting, when I realized the Packers owed you more for your $250 than what you’ve been getting at this event every year.

What I am going to give you today is actual insight into some of the decisions that were made about this season’s team. Hopefully you think it’s $250 worth of insight. I happen to think it’s worth $2 million because insight from Ted Thompson — yes, I just referred to myself in the third person — is super rare and worth a lot.

(Pause for fans to whisper among themselves and get over the initial shock of what you’ve said so far)

I saw the other day that Charles Woodson said he’d retire as an Oakland Raider. I know Charles has his own brand of wine and it must be some good s#^t!! I should try some. Without myself and the Green Bay Packers, Woodson would probably be making $40,000 a year as a sideline reporter for Division I-AA college football games on ESPN U. I never sign free agents. But I signed him off the scrap heap. It’s nonsense to think of Charles Woodson as anything but a Green Bay Packer. I know when you get cut it sucks. I really do. But c’mon Charles, have a little perspective.

15

July

Packers Video: How the 2012 Season Will End for Green Bay

 

Go Pack Go!

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Jersey Al Bracco is the founder and editor of AllGreenBayPackers.com, and the co-founder of Packers Talk Radio Network. He can be heard as one of the Co-Hosts on Cheesehead Radio and is the Green Bay Packers Draft Analyst for Drafttek.com.

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8

June

Mark Murphy Entering Year Five: Where Does He Stand?

Mark Murphy

How much longer will Mark Murphy remain a Cheesehead?

Mark Murphy has seen the lowest of lows and the highest of highs as he begins his fifth season as President of the Green Bay Packers.

A former player who won a Super Bowl with the Washington Redskins and who also holds a law degree from Georgetown, Murphy seems the perfect balance between player and businessman, which would be a perfect fit for the National Football League’s smallest market.

With him entering year five of his tenure, now is a good time to examine what Murphy has done as well as what he didn’t do, and how the Packers have fared since Murphy took over for the legendary Bob Harlan.

Murphy was seemingly walking into a near-perfect situation when he took over on January 28, 2008.  The Packers were coming off a 13-3 season in Mike McCarthy’s second year as coach and the team was one play away from an appearance in Super Bowl XLII.  Brett Favre seemingly wound back the clock and enjoyed one of his best seasons in 2007.  Everyone thought Favre would be back for 2008 for one more Super Bowl push and Murphy would have time to learn his new job.

Then the “Summer of Favre” happened.

Favre announced (what would be the first of a few) retirements in March 2008.  Favre flew to Green Bay, gave a teary eyed press conference formally announcing his decision, and then he was gone.  Murphy, as the new guy in town, did what only made sense at the time especially given how little he likely interacted with Favre.  Murphy announced the team would retire Favre’s number at the home opener of the 2008 season against (now ironically) the Minnesota Vikings.

Favre’s picture was on the game tickets and the Packers planned a big celebration for their future Hall of Fame quarterback.  It was going to be one heck of a farewell party.

Well, the party never happened.  Favre changed his mind in the summer after the Packers had already installed Aaron Rodgers as the new starting quarterback and the rest of the story is history.  Since this was mainly a football decision, and he had only been on the job six months, Murphy stayed mainly to sidelines and let McCarthy and Ted Thompson work things out with Favre.

21

March

The Cost of Letting Matt Flynn Go: The Endowment Effect

Seattle Seahawk Matt Flynn

Possibly the worst photoshop job on a NFL player ever

So who thinks Matt Flynn should have been franchised now?  I will be the first to admit that in my heart, I desperately wanted Flynn to be tagged and traded, and maybe while I’m dreaming some idiot team like the Raiders would offer a first rounder.  My head of course said otherwise, sure the potential reward is high, but so was the risk; what would happen if the Packers were stuck with a $14 million guaranteed check?

In the end, general manager Ted Thompson was right in letting Flynn go without a fight and Flynn signed a very conservative 3-year $26 million deal with $10 million guaranteed with the Seattle Seahawks.  More money that you or I will probably make in a lifetime, but loose change in comparison to the 5-year $90 million contract Peyton Manning just signed, or even the 5-year $60 million contract that Kevin Kolb signed last year.

My question is why fan perception of a player so different from a NFL GM?  Even the media, which presumably has a better idea of what NFL GMs are thinking are still more like fans when it comes to predicting player value (although this might have to do with the fact that the media caters to fans and not to NFL GMs, so they could be deliberately doing this).  Answer, the endowment effect.

Simply put, the endowment effect is the theory that there is a difference between the price of buying and selling a good when you own that good.  A more academic explanation would be that:  “This effect is a manifestation of “loss aversion”, the generalization that losses are weighted substantially more than objectively commensurate gains in the evaluation of prospects and trades (Kahneman and Tversky 1979; Tversky and Kahneman, in press).  An implication of this asymmetry is that if a good is evaluated as a loss when it is given up and as a gain when it is acquired, loss aversion will, on average, induce a higher dollar value for owners than for potential buyers, reducing the set of mutually acceptable trades” – Experimental Tests of the Endowment Effect and the Coase Theorem, Kahneman et al. 1990

10

December

A Non-Packers Fan Guide To The Stock Sale

It took just 2 days for the Packers to sell 185,000 shares of stock, over 75% of the initial offering that was supposed to last until February.  That’s 48 hours, $43 million dollars total or over $1,500 dollars donated every minute.

The media (maybe most notably Bill Johnson of Green and Gold Today) and fans (even some Packers fans it appears), have been taken to ridiculing the idiots who have decided to buy a stock that offers little in terms of power within the Packers organization, does not constitute a stock in the traditional sense of the word (as stated on the website), and can only be resold to the Packers for 2.5 cents, which is a 100 fold loss.   Some have called the sale disingenuous (or greedy as Jason Wilde put it) since the Packers aren’t in dire economic troubles.

I think the biggest misconception that people outside of the Packers faithful (and even some Packers faithful) is that this is indeed a stock (which let’s be honest it really isn’t) So I’ve put this list together for all of you to why buying Packers stock isn’t a stupid idea.

  1. Think of it as a souvenir: Buying stock is really no different than buying a cheesehead at the proshop or any other NFL merchandise for that matter.  If you think about it, what are you really doing when you buy a NFL baseball cap?  You are paying (at a gross markup) for a product (that will look completely different next year) that in turn the team will use for to maintain its finances.  Presumably, the team will use the profit from that baseball cap to pay its coaches, players and administrators, promote the team and fund development/redevelopment of stadiums.  Packers stock is no different aside from the fact that all the profit taken from the stock sale will be directed specifically to redevelopment of Lambeau Field.  I know tons of Packers fans just want the stock so they can frame it and stick up on a wall somewhere.
6

December

Week 14 Packers Stock Report: Rodgers and Matthews Rising, Peprah and Newhouse Falling

Great win on Sunday for the Packers. A signature win.

I’m not sure if I’d call this week’s stock report “great” or “signature,” but nonetheless, here it is:

Aaron Rodgers
After the first half, I thought this might be the week that Rodgers drops out of the rising category. Boy, than was a dumb thought. Rodgers  came to life in the second half, overcoming several dropped passes and shaky protection to keep the Packers out front and eventually put together a game-winning drive with 58 seconds left. He finished with a QB rating of 106, his lowest of the season, but I think we’ll let that slide this one time.

Clay Matthews
Can you name another player on defense that did much of anything on Sunday? Walden had a few pressures. Shields tipped away a couple of passes. Raji was active early. Otherwise, Matthews was the lone bright spot on D.

Jordy Nelson
It didn’t matter if Nelson was covered or only had a few inches to work with along the sideline, he was determined to make the catch when Rodgers threw it to him. A nice rebound game for No. 87 after a ho-hum performance against the Lions.

Steady

Greg Jennings
Not even the NFL’s silly rules about catches in the end zone could keep Jennings from scoring. After a brief slowdown in weeks nine and 10, Jennings is back on track.

Donald Driver
Two of Driver’s four catches on Sunday went for touchdowns. Not bad for an old-timer. Most importantly, Driver didn’t come down with a case of the dropsies like most of the other Packers WRs and TEs.

Falling

Charlie Peprah
Many readers pointed out in the comments section of my game summary that the loss of Nick Collins is negatively impacting Peprah. This is 100 true. Unfortunately, Collins is also not able to protect Peprah from landing in this week’s falling category.

Marshall Newhouse
I really went back and forth on including Newhouse here. The Giants front four might be the best in football. Newhouse is essentially a rookie. Rodgers dropped back to pass 50 times on Sunday. Talk bout a near-impossible task. There was bound to be some pressures allowed by the young man. However, when the goal is the Super Bowl, inexperience, quality of opponent and difficult assignments are no excuse. Newhouse needs to clean it up.

2

December

Become a Green Bay Packers Owner and Stockholder. Buy Packers Stock.

Green Bay Packers Stock Certificate

Just in time for the Holidays, the Green Bay Packers are offering their fans the opportunity to become a stockholder in the only community-owned, non-profit professional sports team in America.

Many a Packers fan will see their dream of team ownership granted this holiday season, at a not-so-inexpensive cost of $250 per “share.” Money received from the stock sale will be used to finance another Lambeau Field expansion project, already underway in some cases.

As a current stockholder, I don’t feel the need to be adding to my “stake”, so instead, I’ll just watch from afar and welcome aboard all my new fellow owners.

Full information will be released on December 6th. Here are the details currently available from Packers.com:

 

  • The price per share will be $250, and there will be a handling charge.
  • The offering will be limited to persons in the United States, as well as Guam, Puerto Rico and the U.S. Virgin Islands.
  • Until regulators in the states of New Hampshire and Virginia allow the offering to proceed in those states, residents of those states will not be able to purchase shares.
  • Shares will be able to be purchased online with credit or debit cards, and also via mail.
  • Only individuals (including spouses as joint tenants) will be able to purchase shares.
  • The Packers will initially offer 250,000 shares.
  • No one may buy more than 200 shares (counting any shares that the person purchased in the 1997-1998 offering).
  • The offering will continue until Feb. 29, 2012, subject to extension.

In contemplation of the offering, interested fans should note:

  • Stock in the Packers does not constitute an investment in “stock” in the common sense of the term.
  • The Packers will have no obligation to repay the amount a buyer pays to purchase Packers stock.
  • Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits.
  • Any offering of Packers stock will only be made through an offering document.
  • The Packers believe offerees and purchasers of Packers stock will not receive the protection of securities laws with respect to any offering or sale of Packers stock.
  • The Packers bylaws and NFL rules severely restrict transfers of Packers stock.