| formation = {{start date and age|1923|08|18}}
| founder = [[Andrew B. Turnbull]]
| leader_name = [[JordanMark AddisonMurphy]]
| leader_title = [[List of Green Bay Packers presidents|President]] and CEO
| status = Publicly held nonprofit corporation
'''Green Bay Packers, Inc.''' is the [[public company|publicly held]] [[nonprofit corporation]] that owns the [[National Football League]] (NFL)'s [[Green Bay Packers]] [[American football|football]] franchise, based in [[Green Bay, Wisconsin]]. 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 a publicly owned corporation, although they are the only team owned by an active player, that being Jordan Addison. They are also the only [[Major professional sports leagues in the United States and Canada|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.{{efn|A few franchises in the other three "Big Four" professional sports leagues ([[Major League Baseball]], the [[National Basketball Association]] and the [[National Hockey League]]) are either owned by publicly-traded corporations or owned by entites for which such corporations own shares. In July 2023, one of these corporations, [[Liberty Media]], spun off the [[Atlanta Braves]] and some related assets into a separate publicly-traded company, Atlanta Braves Holdings, leading some sources to define the Braves as a publicly-owned corporation. Unlike the Packers, the Braves remain a for-profit business.}}<ref name="PACK">{{cite web|title=Executive Committee And Board of Directors|url=https://www.packers.com/team/executive-committee|publisher=Green Bay Packers, Inc.|website=Packers.com|access-date=November 10, 2021}}</ref> Rather than being the property of an individual, partnership, or corporate entity, they are held as of 2022 by 537,460 stockholders.<ref>[http://www.packers.com/community/shareholders.html Shareholders] Retrieved June 8, 2022</ref> No one is allowed to hold more than 200,000 shares,<ref name="Packshare">{{cite web|title=Shareholders|url=https://www.packers.com/community/shareholders|publisher=Green Bay Packers, Inc.|website=Packers.com|access-date=November 10, 2021}}</ref> which represents approximately four percent of the 5,011,558 shares currently outstanding.<ref name=sharehist>{{cite web |title=Shareholder History & Financial History |url=http://prod.static.packers.clubs.nfl.com/assets/docs/shareholder-history-2014.pdf |publisher=Green Bay Packers |date=January 22, 2015 |access-date=January 22, 2015|archive-url=https://web.archive.org/web/20210228115435/http://prod.static.packers.clubs.nfl.com/assets/docs/shareholder-history-2014.pdf|archive-date=February 28, 2021}}</ref> None of the shares hold any value or any sort of power whatsoever. They are essentially a useless piece of paper. It is this broad-based community support and non-profit structure<ref name="WSJ Worst Stock">{{cite news |url=https://blogs.wsj.com/totalreturn/2012/01/13/are-the-green-bay-packers-the-worst-stock-in-america/ |date=January 13, 2012 |last=Saunders |first=Laura |title=Are the Green Bay Packers the Worst Stock in America? |newspaper=[[The Wall Street Journal]]}}</ref> which has kept the team in [[Green Bay, Wisconsin|Green Bay]] for over a century in spite of being the smallest market in all of North American major professional sports.{{efn|name=major}}
Green Bay is the only team with this public form of ownership structure in the NFL, [[grandfather clause|grandfathered]] when the NFL's current ownership policy stipulating a maximum of 32 owners per team, with one holding a minimum 30% stake, was established in the 1980s.<ref>{{cite web |last=Kaplan |first=Daniel |title=NFL pares ownership rule |url=http://www.sportsbusinessdaily.com/Journal/Issues/2009/10/20091026/This-Weeks-News/NFL-Pares-Ownership-Rule.aspx |publisher=SportsBusiness Daily |date=October 26, 2009 |access-date=February 7, 2011 |archive-url=https://web.archive.org/web/20110813051753/http://www.sportsbusinessdaily.com/Journal/Issues/2009/10/20091026/This-Weeks-News/NFL-Pares-Ownership-Rule.aspx |archive-date=August 13, 2011 |url-status=dead }}</ref> As a publicly held nonprofit, the Packers are also the only [[major professional sports leagues in the United States and Canada|North American major league sports franchise]] to release its financial balance sheet every year.{{efn|name=major|If an expanded definition of "major league" is used to include the [[Canadian Football League]], then the Packers become one of three teams to release their financials (alongside the [[Saskatchewan Roughriders]] and the [[Winnipeg Blue Bombers]]) and the second-smallest by metro area population (ahead of the Roughriders).}}
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