• Mary Beth Harrington

    Rick,

    So are the Green Bay Packers still going to maintain their nonprofit status?

  • KD

    It is unfortunate that the limited resources of the IRS will not be able to fully investigate the case. I agree with the authors. It is suspicious that after years of fighting to keep the tax-exempt status, the organization is now okay with releasing it. Perhaps, as the article suggests, they played with the numbers and finally found a way to forgo the exemption without their operations being largely affected. Or perhaps the benefit of keeping salaries and other financial information from the public has now outweighed the benefit of the exemption. In either situation, it is important that some entity gets to the bottom of the story and finds the real issue here.

  • Jeff

    This is a great question. Given the citizens of Green Bay own the team. I would think that like the MBL, the NFL will do what it can to prevent or eliminate this type of community ownership. They will want to keep the huge profit in the hand of a few, not the masses.

  • Michael Wyland

    Yes. The Green Bay Packers are unique in the NFL, being the only member team that is a “publicly owned nonprofit,” according to the Packers website (http://www.packers.com/team/executive-committee.html and http://leagueoffans.org/2012/04/06/green-bay-packers-ownership-structure-remains-the-ideal/)

  • Michael Wyland

    Jeff:

    The NFL eliminated member teams’ option for this type of ownership long ago. The Packers were grandfathered in, allowing the team to retain its public nonprofit ownership.