Who owns Lambeau Field? Packers' puzzling stadium situation explained

The Green Bay Packers are four-time Super Bowl champs and perennial contenders in the NFC. They have made 36 playoff appearances thanks to elite quarterback play from Brett Farve, Aaron Rodgers, and now Jordan Love.

As we count down to a new season, let's take a look at the ownership of the Packers' home stadium, the Lambeau Field. We will also touch upon the unique ownership structure of the franchise.

Who actually owns Lambeau Field?

According to The Stadium Business, Lambeau Field is owned jointly by the City of Green Bay and the Stadium District, and the Green Bay Packers' lease is with both entities. The field has been in operation since Sept. 29, 1957, and has been renovated thrice.

Lambeau Field is currently the second-largest stadium in the NFL, with a seating capacity of 81,441. It is also the oldest stadium in operation in the NFL. The Lambeau Field is something of a fortress for the Packers.

The stadium has also hosted a handful of concerts from the likes of Survivor, Kenny Chesney, Jason Aldean, Billy Joel, and Paul McCartney over the years.

How many owners do the Packers have?

The Green Bay Packers have one of the most unique ownership models in American sports. According to Pro Football Network, the Packers are owned by around 537,460 stockholders who collectively own around 5.2 million shares of the franchise's stock following the sixth stock sale in team history in 2021.

The Green Bay Packers have had six team stock sales: in the years 1923, 1935, 1950, 1997, 2011, and most recently, 2021. These shares have become more lucrative in recent years, with one share costing $5 in 1923 and rising to $300 per share in 2021.

During league meetings, where major decisions are made, the Packers are represented by a board of directors that serve as the organization's "owner of record" in the eyes of the National Football League.