Green Bay Packers, Inc.

Green Bay Packers, Inc. is an American publicly held, nonprofit corporation that owns the National Football League (NFL)'s Green Bay Packers, an American 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, the only 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. Rather than being the property of an individual, partnership, or corporate entity, they are held as of 2025 by 538,967 stockholders. No one is allowed to hold more than 200,000 shares, which represents approximately four percent of the 5,204,625 shares currently outstanding.

The franchise's broad-based community support and non-profit structure are frequently cited as among the most important factors which have kept the team in Green Bay for over a century in spite of being the smallest market in all of North American major professional sports. Green Bay is the only team with this public form of ownership structure in the NFL, 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. As a publicly held nonprofit, the Packers are also the only North American major league sports franchise to release its financial balance sheet every year.