In comparison to game day when nearly 80,000 fans of the Green Bay Packers will be cramming into Lambeau Field this coming season, today only 17,000 are expected to file calmly, but excitedly into the iconic stadium today – a couple of days before the start of training camp.
But these are 17,000 of the most dedicated of Packers fans – that’s because they are some of the team’s shareholders who will be attending today’s annual meeting.
Those shareholders lucky enough to have the time to get off their regular jobs mid-week to attend the meeting will hear from Packers General Manager Ted Thompson and team President Mark Murphy, who will talk about the state of the franchise. Thompson will report on the football end of the operations, while Murphy will no doubt talk about the record profits the team enjoyed last year and the recently-dedicated south end zone addition that was completed over the past year.
Shareholders who can’t attend will be able to watch online through a password-protected webcast.
Because of the unique business structure of the Packers, they are the NFL’s only publicly owned team. Fans who bought shares of stock during the team’s stock sales are the “owners.” There were more than 268,000 fans who bought stock shares at $250 each a few years ago when the Packers raised funds to help the team with their most recent construction project. Though the stock has no value and pays no dividends, the fans who have bought them have the privilege of calling themselves “owners.”
At the conclusion of the annual meeting today, the “owners” will have the opportunity to take self-guided tours around Lambeau Field.
This event officially kicks off the summer season for the Packers as the team members start rolling into town for the start of training camp at the end of the week.
GO! PACK! GO!