TFD: Packers shareholders have worthless stock, but they can still be sued for betting on NFL games?

Good times.

December 6, 2011 at 11:42PM
(The Minnesota Star Tribune)
(The Minnesota Star Tribune)

As you probably know, the Packers are selling $250 shares of "stock" again to fans who don't have the time to flush that kind of money down the toilet. (OK, that's a little harsh. But the stock is essentially worthless from a monetary standpoint, so it's really just a team getting millions of dollars guilt-free while allowing the small folks a chance to call themselves owners). Still, because the Packers are publicly owned (very cool, we admit), the stockholders are apparently technically subject to the rules of NFL ownership. Per a tweet from Sports biz guru Darren Rovell, they can be fined up to $5,000 by commissioner Roger Goodell for betting on any NFL game.

Would this actually be enforced? We have to think the answer is no. But it is kind of fun to think about.

about the writer

about the writer

Michael Rand

Columnist / Reporter

Michael Rand is the Minnesota Star Tribune's Digital Sports Senior Writer and host/creator of the Daily Delivery podcast. In 25 years covering Minnesota sports at the Minnesota Star Tribune, he has seen just about everything (except, of course, a Vikings Super Bowl).

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