I know that Tom Brady is quarterback for the New England Patriots, but beyond that, I haven’t thought much about American professional football since I was a kid. Whenever I try, I get stuck on the fact that Bret’s name is pronounced “Farve,” instead of the way it’s spelled.
But I’m rooting for the Green Bay Packers to win the Super Bowl.
The reason is simple: the Packers are the only franchise in American professional sports that is owned by the community, not by a big corporation, a family, or a group of rich guys.
According to the team’s web site, “Green Bay Packers, Inc., has been a publicly owned, nonprofit corporation since Aug. 18, 1923, when original articles of incorporation were filed with Wisconsin’s secretary of state.” As of their 2010 Annual Meeting, a total of 4,750,937 shares were owned by 112,158 stockholders, none of whom receives any dividend on their investments. According to their bylaws, no one can own more than 200,000 shares, which keeps individuals from taking over the team and its management.
It’s not exactly one person, one vote, but it’s a lot closer than we usually find in the world of big business.
Now, somebody please tell me who they’re playing against.