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From Forbes 2009:
"The Green Bay Packers net income fell 80% last year, to $4 million, due in large part to a $50 million decrease in the value of its investment portfolio. It is believed most of the team's investments are in stocks and real estate."
http://www.forbes.com/lists/2009/30/...rs_302814.html -
Originally Posted by runninbad
Just one example. Jerry Jones. Paid $150 million for the Cowboys and the stadium. Current value of the Cowboys is north of $1 billion. Granted, he was rich already, but that's a fairly good return.
I was assuming Dyz meant that since there is not one singular owner of the team, he was refuting edt1988's stance, could be wrong tho.Originally Posted by DBo Fo Sho
New England Patriots are owned by Robert Kraft (Net Worth: $1.5 billion), who bought them in 1994 for $172 mil.
this list by Forbes is pretty cool, lists the purchase price by the owner and current team value: http://www.forbes.com/lists/2010/30/...ts_307338.html
oh we don't get it, you are correct.Originally Posted by Gregrrr
If you have to ask about the ROI for this buy, you just don't get. I have a few close friends who own Packer stock, and one with a Packer tat. I love the Pack. I get it. But I don't own stock. And sometimes I do feel like less of a fan when they joke about being "owners". It's a pride thing. Maybe if you walked once 5-6 blocks to Lambeau, with Packer legion, 45 min. before game time, you would understand.
My buddy has an eagles tat (lol so stupid) and a phillies world series tat, i guess he is a bigger fan. And Ive walked the mile to the westmont patco high speedline, got off at the el, and then got down to broadstreet and walked to an eagles tailgate, then traversed the block and a half into the stadium wtih about 65,000 loud eagles fans. Such a right of passage, almost to where I would want to give the orginazation even more money then I already do. -
Hmm, so this is why they need the stock sale. They lost $50 million. WTF? Aren't they supposed to be a non-profit. Sounds like a lot of risk to me for non-profit.
Originally Posted by runninbad
From Forbes 2009:
"The Green Bay Packers net income fell 80% last year, to $4 million, due in large part to a $50 million decrease in the value of its investment portfolio. It is believed most of the team's investments are in stocks and real estate."
http://www.forbes.com/lists/2009/30/...rs_302814.html -
Edited By: StringerBell Dec 5th, 2011 at 08:15 PMWell said. I'm a huge Packer fan as well but don't own any stock. I definitely get it though, if someone wants to fork over $250 for a piece of stock more power to them, it's a win-win for the fans and the organization.Originally Posted by Gregrrr
If you have to ask about the ROI for this buy, you just don't get it. I have a few close friends who own Packer stock, and one with a Packer tat. I love the Pack. I get it. But I don't own stock. And sometimes I do feel like less of a fan when they joke about being "owners". It's a pride thing. Maybe if you walked once 5-6 blocks to Lambeau, with Packer legion, 45 min. before game time, you would understand.
One of my friends recently had a child who was born during the 2nd half of the Packers-Vikings game. A family member sent a picture of my friend and his new born child, only minutes old, watching the end of the game to Packers President Mark Murphy. He received this in the mail about a week later:

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"Andria and Chris, Congratulations on the birth of Braylon (BOO). I understand from Claudia Caraher that he's already a Packers fan. He's obviously a smart young man. I think a share of Packers stock would be the perfect Christmas gift for him. Congratulations again, Sincerely, Mark Murphy"
How cool is that?? -
Packers stock was designed as a means of keeping the packers in green bay a city of 100,000 this is why you can only own 200 shares. The origional stock sale not only ensured that the packers couldnt be bought and moved but that they would have the funds necessary to continue operating. People in wisconsin go crazy for da pack and i think its great that they are truly an extension of the community around here. Owning stock is largely symbolic and more akin to owning sports memorbilia than actual stock. Exceptionally cool that the smallest market in sports safe guarded themselves against douchebag billionaires from taking the greatest franchise in sports and moving it to LA just to make a dime.
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Edited By: sean614 Dec 5th, 2011 at 08:23 PMif Mark Murphy gave him, as a "Christmas gift" or a "Congratulations you just had a baby gift", the packers stock "worth" $250 then that'd be cool (coudln't tell since our second pic is a red x) otherwise it sounds like he's trying to sell the stock to someone who just had a baby, kinda like a sleezeball car dealer.Originally Posted by StringerBell
"Andria and Chris, Congratulations on the birth of Braylon (BOO). I understand from Claudia Caraher that he's already a Packers fan. He's obviously a smart young man. I think a share of Packers stock would be the perfect Christmas gift for him. Congratulations again, Sincerely, Mark Murphy"
How cool is that?? -
Mark Murphy actually gave my buddy a share of Packer's stock, in his newborn's name. He wasn't trying to sell it to him lol. Should be just one pic of the note my friend received.
Originally Posted by sean614
if Mark Murphy gave him, as a "Christmas gift" or a "Congratulations you just had a baby gift", the packers stock "worth" $250 then that'd be cool (coudln't tell since our second pic is a red x) otherwise it sounds like he's trying to sell the stock to someone who just had a baby, kinda like a sleezeball car dealer.
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If owning one share of this stock give you the right to sit in on operation meetings before the season and some other things listed earlier in this thread I think it's a pretty cool thing for the rest of your life at the cost of $250 if you're a fan.
PS- My gf's best friend is from Green Bay and just asked us for a share Packer stock for Christmas. WTF!?!?!?! It's cool if someone else pays! -
With as many shareholders as they have, I doubt it is much of an operation meeting. I see it as more of a presentation to a large audience at a convention center. As a shareholder, you're 1 of a ~100,000, I doubt you get any inside information that isn't leaked to the public within a few minutes of the meeting anyway.
Originally Posted by Z-Fresh
If owning one share of this stock give you the right to sit in on operation meetings before the season and some other things listed earlier in this thread I think it's a pretty cool thing for the rest of your life at the cost of $250 if you're a fan.
PS- My gf's best friend is from Green Bay and just asked us for a share Packer stock for Christmas. WTF!?!?!?! It's cool if someone else pays!
Nonetheless, still pretty cool that the public owns the team and they are actually able to sell the shares...especially considering my team will be headed off to LA soon... -
The cheerleaders are from St. Norbert College and University of Wisconsin - Green Bay
Originally Posted by satchmo
Just to point out the obvious-it's easier to have loyalty to the entire team (as an entity and not just the player(s) when there isn't a 'rich' owner at the top. The packers also utilize highschool (or younger?) cheerleaders, which, while not being as entertaining for this demographic, does tie the team in with the community further.
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My dad is buying one. He is fully aware its basically a piece of paper and he doesnt care.
He's pretty pumped about it too. Good for him. -
It's ok, I understand. As a die-hard packer fan I've collected a lot of "useless to most people" shit that has the letter "G" in green and gold. So, I hope that helps you understand a little better. Does it? And, if it doesn't, I really don't care. Go, Pack, Go!
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Edited By: fcdunkin Dec 6th, 2011 at 12:48 AMOriginally Posted by DBo Fo Sho
New England Patriots are owned by Robert Kraft (Net Worth: $1.5 billion), who bought them in 1994 for $172 mil.
this list by Forbes is pretty cool, lists the purchase price by the owner and current team value: http://www.forbes.com/lists/2010/30/...ts_307338.html
lol....
Team Value1
$996 mil
Pittsburgh Steelers are owned by Daniel Rooney and Art Rooney II, who bought them in 1933 for $2,500.
even bigger lol....
Team Value1
$1.1 bil
Chicago Bears are owned by McCaskey family, who bought them in 1920 for $100. -
wait so when u go to packer games/conversations "fans" guilttrip you for not owning packer stock?
Originally Posted by Gregrrr
If you have to ask about the ROI for this buy, you just don't get it. I have a few close friends who own Packer stock, and one with a Packer tat. I love the Pack. I get it. But I don't own stock. And sometimes I do feel like less of a fan when they joke about being "owners". It's a pride thing. Maybe if you walked once 5-6 blocks to Lambeau, with Packer legion, 45 min. before game time, you would understand.
LOL packer fans. I can just imagine the convo now
retard #1: "yah i own 8 shares, spent a cool 2k"
logical fan:"oh yea? cool i guess..."
retard fan #2: "you don't own any?"
logical fan: "no"
retards: "bahaha, and you call yourself a real fan, gtfo poser!" -
Sorry. Thought we were talking about the Packers.
Originally Posted by runninbad
Just one example. Jerry Jones. Paid $150 million for the Cowboys and the stadium. Current value of the Cowboys is north of $1 billion. Granted, he was rich already, but that's a fairly good return.
Yes... Yes... I thought we were talking about the Packers...Originally Posted by DBo Fo Sho
New England Patriots are owned by Robert Kraft (Net Worth: $1.5 billion), who bought them in 1994 for $172 mil.
this list by Forbes is pretty cool, lists the purchase price by the owner and current team value: http://www.forbes.com/lists/2010/30/...ts_307338.html
sigh... -
I bought one
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Mom got me 1 share for Christmas, pretty stokked about it
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All the people who live in NFL cities have probably had much more than 250 bucks taken from them by that team via taxes. And you don't even have a certificate to show for it!!!
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Edited By: AbnormalQ Dec 26th, 2011 at 09:45 PMWow, 18.64% and 19.74% CAGR for those two investments. Over 77 and 90 years, that is pretty incredible.Originally Posted by fcdunkin
lol....
Team Value1
$996 mil
Pittsburgh Steelers are owned by Daniel Rooney and Art Rooney II, who bought them in 1933 for $2,500.
even bigger lol....
Team Value1
$1.1 bil
Chicago Bears are owned by McCaskey family, who bought them in 1920 for $100.
edit: through 2010, obv, numbers are marginally less for 78 and 91 -
Not exactly. My friends will joke about having bought stock and how Murphy, Thompson and McCarthy should pay more attention to their suggestions. I'm more inclined to change the subject. Get it?
Originally Posted by Camz
wait so when u go to packer games/conversations "fans" guilttrip you for not owning packer stock?
LOL packer fans. I can just imagine the convo now
retard #1: "yah i own 8 shares, spent a cool 2k"
logical fan:"oh yea? cool i guess..."
retard fan #2: "you don't own any?"
logical fan: "no"
retards: "bahaha, and you call yourself a real fan, gtfo poser!" -
My little brother bought 2 shares. I did what any good brother would.....laughed my ass off at him and told him how poor his decision it was. He really didn't have a comeback because he knows it was dumb. But I suppose I myself have wasted money on dumber things
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how is it that poor of a decision? It's not life changing money and you can own part of the team. Doesn't pay dividends nor does it appreciate but what's the big deal if he wants to support/own a part of the team? I don't really see how that could really be a poor decision for such little money.
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