Quora User's great answer answers the 'what does it mean' part. as to the 'why' part: In 1923, when Pro Football was a much, much smaller thing than it is today, the Packers almost went bankrupt . read more
The Green Bay Packers have played in their original city longer than any other team in the NFL. On August 27, 1921, the Packers were granted a franchise in the new national pro football league that had been formed the previous year. read more
At the November 1997 annual meeting, shareholders voted to change the beneficiary from the Sullivan-Wallen Post to the Green Bay Packers Foundation, which makes donations to many charities and institutions throughout Wisconsin. Green Bay Packers. 1923 Shares of stock were first sold to establish the club as a corporation in 1923. read more
Many NFL teams ask their communities to pay for stadiums and successfully receive tax dollars. In Green Bay we have this worked out. Each home game brings millions of dollars into Green Bay. If we didn’t have the Green Bay Packers we would be nothing more than a Fond Du Lac. read more
The Dallas Cowboys aren’t America’s team, the Green Bay Packers are. And not just because of their championship history. The Packers are owned by the fans, not a wealthy owner operating with a profit-at-all-costs (PAAC) philosophy. read more