Three NFL teams face blackouts

FrostBite

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Its embarrassing to support your team willingly? I think it's more embarrassing to have some politicians raise your taxes to build or expand a stadium against your will.

Besides you do get to vote on certain issues involving the team which is at least something. Plus you can legitimately say "we" when talking about the Packers

You have a point. I'm a Vikings fan, so obviously I have a biased hatred towards the Packers. I didn't know shareholders could actually vote on sh!t. I guess that's something.
 

concise

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This is also the same team that duped hundreds of thousands of people into buying shares of "stock" in the team, which pays no dividends and gets you absolutely no actual ownership of the team. Slick operation they're running over there in Sconnie.

So who is the REAL owner then?
 

beenz

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Teams don't out price their market that is ridicules

I certainly can't tell. especially when a lot of these high priced tickets are sold to corporations and brokers.

the average joe in the US does not have the discretionary income to afford to two middle of the road seating season tickets for any league be it NBA/NFL/NHL/MLB.
 

beenz

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So who is the REAL owner then?

it's a scam:

http://en.wikipedia.org/wiki/Green_bay_packers#Public_company

In 1950, the Packers held a stock sale to again raise money to support the team. In 1956, area voters approved the construction of a new city owned stadium. As with its predecessor, the new field was named City Stadium, but after the death of founder Curly Lambeau, the stadium was renamed Lambeau Field on September 11, 1965.

Another stock sale occurred late in 1997 and early in 1998. It added 105,989 new shareholders and raised over $24 million, money used for the Lambeau Field redevelopment project. Priced at $200 per share, fans bought 120,010 shares during the 17-week sale, which ended March 16, 1998. The fifth sale in the team's history began on December 6, 2011 and ran through February 29, 2012. During this sale, 269,000 shares were sold at $250 per share.[24] During the 2011 stock offering, international sales in Canada were issued for a short while and accounted for approximately 2,000 shares. This was the first time in Packer history that international shares were sold. All proceeds from the offering went toward the expansion of Lambeau Field, a $143-million project that included approximately 6,700 seats, new HD video boards, a new sound system, and two new gates. Shares of stock include voting rights, but the redemption price is minimal, no dividends are ever paid, the stock cannot appreciate in value (though private sales often exceed the face value of the stock), and stock ownership brings no season ticket privileges. While newly purchased shares can be given as gifts, once ownership is established, transfers are technically allowed only between immediate family members.[24] No shareholder may own over 200 shares, a safeguard to ensure that no individual can assume control of the club. To run the corporation, a board of directors is elected by the stockholders.

you'd be better off throwing your money out the window :camby:
 

NatiboyB

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Look we're poor in Cincinnati...we just don't have the money.
 

yseJ

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its stock in a team that you basically don't own. nor can you sell the stock to make a profit. its basically worthless.
hes right in that its not a scam tho. seems like you pay and get what they tell youre going to get. and theres tons of things that are worthless but people continue to pay for :manny:
 

beenz

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hes right in that its not a scam tho. seems like you pay and get what they tell youre going to get. and theres tons of things that are worthless but people continue to pay for :manny:

its a scam is that it's not a stock in a traditional sense.
 
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