Green Bay Packers stock, history books sell out fast

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GREEN BAY — Green Bay Packers fans are buying the team’s history and investing money to be a part of it.

Packers President and CEO Mark Murphy, in his monthly column Murphy Takes 5, reported on the stock sales and sales of the team’s four-volume history, “The Greatest Story in Sports “.

Murphy wrote that as of Dec. 31, the team had sold 182,054 shares at $300 each, plus a $35 processing fee. That’s $61 million in the Packers’ coffers, including processing fees.

The team raised about $67 million in its previous stock sale in 2011-12, when it sold 250,000 shares at $250 each, plus management fees.

The Packers say the money will go to $250 million in projects at Lambeau Field, including renovations to concession stands and new digital video scoreboards. NFL rules prohibit the money from being used for football operations or player salaries.

Murphy said the shares were sold to 164,920 buyers, meaning the majority of people bought a stock. Before this sale, which began on November 16, the team reported 361,300 shareholder accounts holding about 5 million shares.

The team has authorized the sale of 300,000 shares through February 25.

The sale has been approved by regulators in all 50 states, Washington, DC, the US territories of Guam, Puerto Rico and the US Virgin Islands, as well as Canada.

The four-volume team history of the Green Bay Packers written by team historian Cliff Christl.

Packers shares do not pay dividends and cannot be resold. Shareholders have the right to vote, which they can exercise at the annual meeting in July. Most of the time, they vote for the team’s board of directors.

Previous stock sales took place in 1923, 1935, 1950, 1997 and 2011. The first three sales saved the team from a difficult financial situation. The 1997 sale helped pay for Lambeau Field’s 2003 renovation, and the 2011 sale helped fund further renovations, as did this sale.

In addition, Murphy said the team had sold nearly all of its 10,000 sets of Cliff Christl’s Packers four-volume history and ordered a second printing.

RELATED:The four-volume history of the Green Bay Packers debunks myths and provides a definitive history of the team’s first 100 years

Christl believes he told all the stories that needed to be told about the Packers’ first 100 years and busted the pervasive myths that had grown up around the Packers without detracting from the most unique history in professional sports. .

“It’s not just a story of the Packers. It’s a story of the city that has supported the team and the people here and its fans,” Christl said.

Contact Richard Ryman at (920) 431-8342 or [email protected] Follow him on Twitter at @RichRymanPG, on Instagram at @rrymanPG or on Facebook at www.facebook.com/RichardRymanPG/.

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