Quote:
Originally Posted by Fogducker
For some reason I like Green Bay. The people of the city OWN their team and therefore can't be threatened and messed with to make the tax payers foot the bill!
Fog
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That's a common misconception. Taxes have in fact funded every improvement and expansion at Lambeau for decades. Not to the extent of some big city teams, but it's a fact.
The "stock" that is sold to raise funds is worthless, it's just a donation to the team. Packers business operates just like any other team, the only difference is the agreement with the city makes it difficult to sell or move the team. Difficult, not impossible.
Green Bay is only 105,000 people. Brown County is 252,000. The revenue the team generates is huge in relation to the population. That's why the team is there. It's about money just like anywhere. However, the concept that the citizens of Green Bay "own" the team is simply not true. It is a mutually beneficial relationship which could conceivably change, but is unlikely to in the foreseeable future.