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Article: PACKERS Packers' value tops $1 billion Stadium, sponsors help increase worth
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- September 11, 2008
- Author:
CopyrightCopyright 2008 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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The Green Bay Packers, a non-profit corporation in the smallest
market in the National Football League, are worth more than $1
billion, according to Forbes magazine.
Forbes, which annually values major sports franchises, said the
Dallas Cowboys are tops in the National Football League, with a
value of $1.612 billion. The Packers, valued at $1.023 billion,
ranked 16th in terms of team valuation. There are 32 teams in the
league.
Last year, the team was valued at $927 million.
The Packers have been a non-profit, publicly-owned corporation
since Aug. 18, 1923. The corporation is run by a board of directors
and a seven-member executive committee. All profits, after expenses,
are put back into ...