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The Packers will release their financial numbers on Tuesday.

Update: The Financial data has been released. The Packers’ operating profit skyrocketed from 12 million thye previuos fiscal year to 43 million over the last 12 months. Full details can be found on Packers.com.

Every year the Green Bay Packers are required to release the financial data of the NFL’s only publicly owned team, and this year is no different.  According to Mike Florio of ProFootballTalk.com, the Packers will release last year’s financial numbers Tuesday afternoon.

The report will straddle both 2011 and 2012, and according to Florio, the numbers will most likely show a revenue increase for Green Bay.  This is great news for Green Bay because despite the poor economy and playing in a smaller market, the Packers still show an increase.

However, the bigger issue is Florio, a respected media  member, and the overall attitude of many for how the Packers have reached their financial success.

Florio’s tone throughout the report would have you believe that the Packers are ripping people off by selling them stock that means absolutely nothing.  However, what Florio doesn’t, and honestly can’t, understand is the passion that Packers’ fans have for their beloved team.

Florio states that Green Bay raised $67 million by selling sheets of paper for $250 each.  What Florio calls a piece of paper, we call a piece of the franchise that we love.  Read more... (326 words + 1 image, estimated 1:18 mins reading time)

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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.  Read more... (473 words + 1 image, estimated 1:54 mins reading time)

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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:

   Read more... (436 words + 3 images, estimated 1:45 mins reading time)

• 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).

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How the Lambeau Field south end zone will look at the start of the 2013 season

The Green Bay Packers announced today their plans to expand Lambeau Field by 6,600 seats as well as adding a new entrance gate to the south and north end zones by the start of the 2013 season with groundbreaking scheduled for September 1 this year. Some of the funding could come from a new sale of Packers stock.

The seats will be added in four levels and the seats will contain seatbacks.    The project also includes a rooftop viewing area for club seat holders that will be available for special non-football events (like this year’s Kenny Chesney concert) as well.

Escalators and elevators are also being added to the north and south end zones to ease the flow of entry and exit of fans from the stadium.

The Packers are completely funding this project which will include some loans, according to the press release from the team.    A team stock sale is being considered and user fees similar to the 1999-2003 renovation of Lambeau Field is also being discussed.

Ticket prices are expected to be between the cost of a current bowl seat ($87) to club seat  prices (maximum $313).

Well, my first obvious thought is the more Cheeseheads to make noise at Lambeau, the better.  As you can see by the image, this isn’t truly “closing off” the bowl as there are gaps between the three sections of new seats.  Of course while noise is a good thing sometimes, you don’t want to become a Metrodome without a roof.  Read more... (508 words + 1 image, estimated 2:02 mins reading time)

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The letter was waiting for me on the kitchen counter when I arrived home from work today. With the Green Bay Packers logo as the return address, I knew what it was. No, Ted Thompson was not reaching out to me in his quest for more fullbacks, but in fact, Packers President Mark Murphy was making a request of me. Mark Murphy wants my vote.

I am a Green Bay Packers shareholder, one of 112,120 people who can make that claim. Shares of stock include voting rights, but the redemption price is minimal, no dividends are ever paid, the stock cannot appreciate in value, and there are no season-ticket privileges associated with stock ownership (damn!). While my rights as a stockholder are very limited, I do have a vote in the election of the  Board of Directors. And that’s what the letter is about. The bold green type on the outside of the envelope implores me to “Embrace your membership and VOTE. It’s your obligation.”

Since the Packers were converted to a non-profit corporation in 1923, there have been 4 stock sales. From Packers.com:

There now have been four stock drives in the 90-year history of the team. The first stock sale, which took place at that 1923 meeting, saw local merchants raise $5,000 by selling 1,000 shares for $5 apiece, with a stipulation that the purchaser also had to buy at least six season tickets.  Read more... (920 words + 3 images, estimated 3:41 mins reading time)

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