Packers building park / entertainment in titletown district

[Patler]

GB shareholders are not a substitute for a deep pockets owner as much as they are a substitute for a large city that can contribute for the building or renovation of a stadium or other infrastructure needed to run a team. The shareholders enable the team to stay in small town GB more that anything else.

The Packers are still at a disadvantage compared to teams that have wealthy owners who can, if they so chose, contribute money to every aspect of team expenses. The Packers are limited to what the team earns for paying player expenses.

Between share sale campaigns, the Packers have no source of income other than the team operations itself. That's why developing other sources of team income is so important to the long term viability of the Packers. That's also why a significant cash reserve is absolutely necessary for them.

[Anti-Polar Bear]

The shareholders enable the team to stay in small town GB more that anything else.

Actually, revenue sharing, the salary cap and taxation are what's keeping the Packers in dull and dark Green Bay.

[Patler]

Actually, revenue sharing, the salary cap and taxation are what's keeping the Packers in dull and dark Green Bay.

The salary cap is what keeps the Packers competitive on the field. No team can spend any more on players than other teams can.
Revenue sharing helps distribute the wealth, but may be less significant to the Packers than you might think, because of the Packers popularity.

Without the stock sales of the past, where would the money have come from for the stadium renovations? Other teams can seek and obtain significant contributions from the cities/regions they are located in. Not too long ago nearly all stadium funding came from the cities/regions they were located in. How much could the City of Green Bay or the NE WI region give to that? Even now when owners pay for more of the costs, the money doesn't typically come from their game day and revenue sharing sources. Wealthy owners have their own other sources to contribute for infrastructure. The Packers have had only stock sales for owners contributions and significant city contributions.

The Packers are on their way to becoming their own conglomerate, and will have income sources not unlike the other business interests of other owners. That has not been the case in the past. Future stock sales may not be needed.