The Green Bay Packers are the only publicly owned team in the NFL, but they may not remain that way in the future if things continue to trend in the direction that they seem to be heading.
At least, that’s what one prominent NFL reporter believes, and the recent comments of Packers’ CEO Ed Policy seemingly to back up that belief.
Could the Packers be sold to a private owner in the future in order to boost their cash flow? It appears it’s not out of the realm of possibility.
On Friday, the Packers released their financial report from the previous fiscal year. Because they’re the only publicly owned team in the NFL, they’re also the only team in the league that is required to make their financial information public.
Policy, who took over as CEO in July of 2025, said in March that he has concerns about the team’s ability to keep up with its rivals.
“It’s like other teams have access to this ATM machine that we just don’t have right now,” Policy said. “We’re going to have to be more aggressive with revenue generation going forward. We all know the cost of competing in the NFL is going up, and other teams have access to capital sources that we just don’t have.”
Specifically, Policy cited the ability of competitors to sell off a minority share of their franchise for a quick cash influx.
“For example, a team can sell five to 10 percent of their equity without giving up any controlling interest in the team, and they could raise more money than we have in our capital reserve fund in just a matter of months,” he said.
Thankfully, Policy says it doesn’t put the team in immediate danger.
“I feel very good about the Packers’ financial strength and condition in the medium term and the short term, certainly,” Policy noted. “But we are keeping a very close eye on some of these long-term trends, looking at how they impact us and our financial health in the long term.”
Mike Florio of Pro Football Talk proposed several options for ways that Green Bay could generate some quick cash going forward.
For one, the team could raise prices for season-ticket holders, given the immense demand and nearly lifetime waiting list to get tickets.
Florio also noted that the Packers have thus far refused to sell naming rights to Lambeau Field, which could be worth north of $20M
“It’s their choice to not sell naming rights,” a source from a rival team said. “Or don’t trade for Micah [Parsons].”
But ultimately, Florio proposed that private ownership may be the way to go.
“Or they need to stop being a corporation and sell the franchise to a multi-billionaire who grew up with a Cheesehead covering their scalp,” he wrote.
Packers fans, many of whom are also shareholders, will bristle at the idea. But...