Monday, April 20, 2009

Packers And Movers

The Packers are the only non-profit, community-owned major league professional sports team in the United States. Beginning with the 1992 season, the Packers had 13 non-losing seasons in a row (their worst record being 8–8 in 1999), two Super Bowl appearances, and one Super Bowl win (Super Bowl XXXI). The Packers' 13 consecutive non-losing seasons was an active NFL record until the team finally suffered a losing campaign in their 2005 season. They returned to have an 8–8 season in 2006 and a 13–3 regular season in 2007, both under new head coach Mike McCarthy.

The Packers of the 1960s under coach Vince Lombardi won five league championships over a seven-year span that culminated with victories in the first two Super Bowls. During the Lombardi era, the stars of the Packers' offense included quarterback Bart Starr, running-backs Jim Taylor, Carroll Dale and Paul Hornung (who also kicked extra-points and field-goals), and #64 right guard Jerry Kramer; the defense included Henry Jordan, Willie Wood, Ray Nitschke, Dave Robinson, and Herb Adderley. In their first game under Lombardi on September 27, 1959, the Packers shut out the Chicago Bears at Lambeau Field. The Packers got off to a 3–0 start, but lost the next five and won the last four games, to achieve their first winning season since 1947.

The Packers are now the only publicly owned company with a board of directors in American professional sports (although other teams are directly owned by publicly traded companies, such as the New York Rangers and New York Knicks (Cablevision), the Seattle Mariners (Nintendo of America), and the Toronto Blue Jays (Rogers Communications)). Typically, a team is owned by one person, partnership, or corporate entity; thus, a "team owner." It has been speculated that this is one of the reasons the Green Bay Packers have never been moved from the city of Green Bay, a city of only 102,313 people as of the 2000 census.

The team created the Green Bay Packers Foundation in December 1986. The foundation assists in a wide variety of activities and programs that benefit education, civic affairs, health services, human services and youth-related programs. At the team's 1999 annual stockholders meeting, it was voted to make the foundation the recipient of any remaining assets if the team were to be sold or dissolved. In 1923, the Packers were incorporated in Wisconsin as a nonprofit corporation. Stipulations were that if the Packers were sold, all assets would be transferred to the Sullivan-Wallen Post of the American Legion in order to build a "proper soldiers memorial." No shareholder can own more than 200,000 shares in the company. This has put the Packers in a unique situation, as it would be impossible to move the team from Wisconsin. In turn, the franchise has remained in the tiny market of Green Bay.

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