The Extra Point
The Green Bay Packers’ sixth stock offering in franchise history — and first since 2011-12 — had raised $40.1 million through its first three days, with 110,000 individuals buying a total of 121,000 shares.
That list of individuals included a few Packers players.
Running back A.J. Dillon showed off his investment on social media while tweeting “Self Employed.” Dillon said he believes running back Aaron Jones and reserve quarterback Kurt Benkert also purchased shares.
“Honestly and truly, who else, I mean outside the Green Bay Packers, like how many other people can say they’re an owner, regardless of how significant it is?” Dillon said. “It’s so cool to have your name in whatever way be attached to this franchise. It’s so historical, so many traditions and things like that. I think for me, it was really cool to think, ‘Yeah, I’m a player.’ And one day I’m going to tell my kids, my grandkids, ‘Yeah, I played here but I’m also an owner.’ It’s fun stuff like that. It’s awesome.”
Each share costs $300 and will help fund construction projects at Lambeau Field including new video boards and concourse upgrades.
Packers officials reminded fans interested in buying $300 for a share that owning stock in the Packers doesn’t constitute an investment in the common usage of the term.
The team has no obligation to repay the amount a buyer pays to purchase Packers stock. The Packers say anyone considering whether to buy stock in the team shouldn’t make the purchase in the interest of making a profit or getting a dividend or tax deduction.