BATRB - NFL's Packers selling shares - but they're not like your other stocks

The NFL's Green Bay Packers - a rarity among pro sports teams as a publicly owned corporation - is offering another 300,000 shares of the football team. It's the sixth such stock sale, and the Packers' first in 10 years. But the shares don't act like "stock" in the traditional stock-market definition of the word. That means they won't have value that can appreciate, they won't pay any dividends, and they offer holders no true say in the team's operations - and they cannot be traded, only transferred between immediate family members. It makes owning the shares more like a collectible and a donation, as the team itself acknowledges: "Anyone considering the purchase of Packers stock should not purchase the stock to make a profit or to receive a dividend or tax deduction or any other economic benefits," it says. The team will commence the sale tomorrow, and the offering

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NFL's Packers selling shares - but they're not like your other stocks