Green Bay Packers Stock on Sale Today

Matt LechnerContributor IDecember 6, 2011

EAST RUTHERFORD, NJ - DECEMBER 04:  Greg Jennings #85 of the Green Bay Packers catches a 2-yard touchdown reception in the third quarter against Prince Amukamara #20 of the New York Giants at MetLife Stadium on December 4, 2011 in East Rutherford, New Jersey.  (Photo by Nick Laham/Getty Images)
Nick Laham/Getty Images

The Green Bay Packers are the hottest team in the NFL at 12-0, and today, you can own a piece of the franchise. 

At 8 a.m. (CST) Tuesday morning, the Packers began selling stock in the franchise for $250 per share.

The team has 250,000 shares available at Packers.com and by mail. The team is hoping the stock sale helps raise a portion of the $130 million needed to cover the renovation costs of Lambeau Field.

This is just the fifth stock sale in team history. The last time the Packers held a stock sale was in 1997.

That year, they put up 400,000 shares for sale for $200 apiece. The team only sold about 120,000, raising $24 million.

The Packers stock is not like a regular stock. The value never goes up and dividends aren't paid out. 

The Packers have been a publicly owned team since 1923.

The stock sale runs through February 29.

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