We Investigated The Only NFL Team Without A Billionaire Owner
Billionaire NFL owners can move their teams to other cities or sell chunks of them to private equity.
The Green Bay Packers can’t do either because they’re the only team in the NFL that’s owned by fans.
Now their model is under threat from a league flooded with cash.
Producer: Jake Cimperman
Editor: Ben Johnson
Motion Designer: Gerald Lane
Videographer: Rachael Hastings, Joel Van Haren, Fábio Erdos
Video Production Manager: Isabel Atalaya
Video Production Coordinator: Jodi Clemens
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Comments
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@ranger3925
November 11, 2026 at 10:52 pm
GO PACK GOOO!
@nicholasdelfrate845
November 11, 2026 at 10:52 pm
We will just start our own league before its ever sold…
@deisisase
November 11, 2026 at 10:52 pm
Allowing private equity in is the worst mistake the NFL has ever made. The only way private equity survives is by bringing everyone else down.
@neilashton9459
November 11, 2026 at 10:52 pm
All in for GB to keep defying the odds. It does beg the comparison with MLB where small market teams remain competitive even with no salary cap etc. This year's World Series being a prime example.
@paniaguatv9082
November 11, 2026 at 10:52 pm
I didn’t know that the packers where the only team that was owned by the fans. It’s crazy to think that the 2 biggest soccer teams in the world (FC Barcelona and Real Madrid) are “fan owned”. They hold elections to pick their president and have a say in massive club decisions. I think this is the best example as to why it is a sustainable ownership. USA just decides to ruin every pretty thing they have.
@andykillsu
November 11, 2026 at 10:52 pm
‘Major financial trouble’. Yeah sure bud, have you seen how much money they make. The only reason they ‘barely’ made any money last year was because of the $70+ million they are storing in the bank. They are making money JUST FINE.
@fracturedsolace145
November 11, 2026 at 10:52 pm
I am also an owner of the Green Bay Packers (2 shares) brought the last time they put stock up for sale in 2021. Packers aren't going anywhere and we will not have a single owner.
Go Pack Go!
@DanceswithDustBunnies
November 11, 2026 at 10:52 pm
Private Equity=PE=Pure Evil
@eclark9965
November 11, 2026 at 10:52 pm
They aren’t owners. It’s a pyramid scheme.
@CliveOxspring
November 11, 2026 at 10:52 pm
And there it is! Nail in the coffin
@H2RCAdventures
November 11, 2026 at 10:52 pm
I live in Portland Oregon. I feel ransomed by my love over the Portland Trail Blazers vs the demands of a Texas Billionaire & Blue Owl Private Equity preferring my team play in a friendlier tax state.
Their tunes would change overnight if the money we had to pour in for arena/stadium improvements/replacements turned into ownership stakes in the team.
Billionaires will never be satisfied with what they have. They must be told NO, then forced to follow the order.
@bradtaft8120
November 11, 2026 at 10:52 pm
imo cuz i would donate in a heart beat theyre a non profit from my understanding people can donate freely to a non profit with no implications just start a donation thing every year stockholders alone with have over 500k if everyone donated 2 dollars thats a mil right there figure do it every game thats 18 mil just from only stock holder donating 2 dollars a week, yes theyd still have to pay taxes on it and we wouldnt be able to write it off but u cant tell me we cant keep them afloat fuck private equity we need to keep our team alive
@billryan9350
November 11, 2026 at 10:52 pm
Packer fan here in NY since '67
@Zheroz00
November 11, 2026 at 10:52 pm
The Romans built coliseums to satiate the mob and keep them from thinking too much about how poor they are…
@cheolacarnitas2682
November 11, 2026 at 10:52 pm
i'm sorry but i need to point out the obvious… these [regular] people can also afford to own a home that they only utilize 10 days out of the year??
Luxury party homes have driven up costs in the area…
aren't they still behaving in the same way the elite do?
Even if a private owner swoops in…these fans will still be able to afford tickets. 😅
@wokeforlife47
November 11, 2026 at 10:52 pm
This is some boomer shit. I own a second home to tailgate for 8 days a year. Meanwhile millennials are still hoping we see reasonable housing prices in our lifetime to afford our first.
@matthew_epperson
November 11, 2026 at 10:52 pm
What about a purpose trust, instead of just allowing private equity to become an owner? It could be a public benefit corporation instead of a nonprofit, and lock in its purpose with a trust as well, a la Patagonia or Grady White Boats. It could allow small investors/non-accredited as well as non-voting preferred shareholders to come onto the cap table.
@PaulaP3964
November 11, 2026 at 10:52 pm
The green bay packer shareholders should be really proud of themselves. The NFL is a ridiculous corporation with ridiculous rules that makes a ridiculous amount of money. For these corporations, it's never enough. Ever.
@Johnny_Viral
November 11, 2026 at 10:52 pm
The True America's Team.
@007Zachman
November 11, 2026 at 10:52 pm
Us Packer fans will burn and murder the Packers franchise before it would EVER get sold
@jettbezos8074
November 11, 2026 at 10:52 pm
This is why i m a fan👍
@sentinel151
November 11, 2026 at 10:52 pm
The NFL will find a way to change this model.