Holiday shopping made easy: Buy a piece of the Green Bay Packers
The Green Bay Packers are the defending Super Bowl champions, they're the class of the NFL again this year at 12-0, and they have an MVP-caliber quarterback in Aaron Rodgers putting up mind-boggling numbers.
And they make great stocking stuffers too!
For the fifth time in the publicly owned team's history, Packers stock went up for sale Tuesday morning ... just in time to make every Green Bay fan's Christmas wishes come true. According to team president Mark Murphy, a hefty 1,600 shares were sold in the first 11 minutes of the sale.
"This is an exciting day for the Packers," Murphy said. "It's an historic moment, we believe, for the organization."
With shares going at $250 each, the team is trying to raise money for a $143-million expansion of Lambeau Field that is being funded without any taxpayer dollars. The Packers are hoping to match the sum of $20 million they raised in 1997, the last time team stock was sold.
That goal seems quite feasible, as online sales are making it easy for fans to become a part of a team that is on an amazing roll right now.
"I think our fans across the country are very excited to support that success, be a part of that, and this is a great way for our fans to support the team and to ensure we continue to have great success and have strong, competitive teams into the future," Murphy said.
Stockholders are able to vote on team business and attend annual meetings, but the shares themselves have no financial value and can't be resold. As the website reminds: "Common stock does not constitute an investment in 'stock' in the common sense of the term. Purchasers should not purchase common stock with the purpose of making a profit."
-- Chuck Schilken
The Associated Press contributed to this report.
Photo: An image from packersowner.com