Tag:Mark Murphy
Posted on: March 2, 2012 12:19 pm
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Packers net about $67 million from stock sale

Green Bay stockBy Josh Katzowitz

You can always count on the Packers owners to make sure their team has enough money to help pay for whatever improvement projects need to be financed for Lambeau Field. And I’m not talking about the owners who actually have a vote in how the team is run.

No, I’m talking about the Packers fans, who bought more than 268,000 shares of stock the team put on sale to help pay for a proposed $143 million expansion of Lambeau. Paying $250 apiece for the stock certificate (plus $25 for handling) that gives them a non-voting ownership stake in the team, the Packers raised about $67 million from the sale.

And while we can debate how much value Green Bay fans are receiving from plunking down that much money for one share of “worthless” stock -- and really, I’m not sure there’s any convincing those fans that this is anything but a great deal -- there’s little doubt that Packers fans are some of the best fans in football. Because they so willingly donate their money to the team so they can, in fact, be a part of that team.

NFL News, Notes
Mark Murphy, the team president and CEO, called the results of the sale “humbling and overwhelming” and “just unbelievable” and told the Milwaukee Journal Sentinel, “The stock sale really allowed us to borrow less and gave us much more flexibility.”

About half of the new sales came from the state of Wisconsin, but states like Illinois (8.5 percent of the total sales), California (8.5 percent), Minnesota (5 percent) and Texas (5 percent) certainly made their contributions known. Even Canada got into the act, as that country’s citizens bought 2,000 shares.

In all, the paper reports that the team added 250,000 new stockholders, bringing the overall total to 360,000 -- more than the combined populations of Madison and Green Bay, Wis.

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Posted on: February 14, 2012 3:43 pm
Edited on: February 14, 2012 3:43 pm
 

Fisher, Murphy, Whiz now on Competition Committee

The NFL denied Harrison's appeal of his one-game suspension(Getty Images)
By Will Brinson

The NFL's Competition Commitee is responsible for studying "all aspects of the game and recommends rules and policy changes to NFL clubs." And on Tuesday, Roger Goodell and the NFL announced that Rams coach Jeff Fisher, Packers CEO Mark Murphy and Cardinals coach Ken Whisenhunt were added to the Competition Committee.

Fisher served on the committee from 2002-2010 before taking a year off after the end of his run with the Titans. During that time, he was co-chair of the committee along with current chairman, Rich McKay of the Atlanta Falcons.

Whisenhunt has previously served as a member of the Coaches Subcommittee, which makes recommendations to the Competition Committee. Murphy played for the Washington Redskins for eight years, reaching two Super Bowls and being named to the Pro Bowl in 1983.

The three additions for 2012 join McKay, Stephen Jones of the Dallas Cowboys, Marvin Lewis of the Cincinnati Bengals, John Mara of the New York Giants, Ozzie Newsome of the Baltimore Ravens and Rick Smith of the Houston Texans on the committee.

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Posted on: December 6, 2011 11:01 am
 

How to buy Green Bay Packers stock (right now!)

By Will Brinson

If you've always wanted to be a partial owner of an NBA team, but just didn't have the mustache money to make it happen, you have your chance on Tuesday. The Green Bay Packers are currently offering up for sale 250,000 individual shares of the team's stock for $250.

We previously mentioned that the stock would go on sale Tuesday, and it can now be purchased at PackersOwner.com.

We should note precisely what the website notes, which is "common stock does not constitute an investment in 'stock' in the common sense of the term." Which, put more simply, means you're not making an "investment" per se. If you purchase one of these shares, you shouldn't expect the Packers to win another Super Bowl and then get a bunch of dividends in return.

Instead, you're going to "help fund the Lambeau Field expansion project."

But it's not all just donating. You will be "invited to shareholder meetings and have voting privileges." Each piece of stock also comes with its own $25 "handling fee," so that's something too. (Wait, that's bad. Nevermind. But it's there.)

And the Packers, per their Offering Document, can actually offer up to 880,000 shares this time around, depending on how well the shares sell on Tuesday.

Basically, it boils down to the idea that the Packers are a publicly-owned company, they need money to make their awesome stadium even more awesome and they're offering fans a chance to "buy in" to the company just 19 days before the biggest gift-giving day of the entire year.

If you're a life-long Packers fan, it's a pretty cool thing to hop on, because you'll end up getting a locker room tour and a nifty little certificate that says you're an owner of the NFL's only publicly-run franchise.

Just don't think you're going to end up making any money out of it, or get to tell Mike McCarthy when he should go for two.

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Posted on: December 3, 2011 11:58 am
Edited on: December 3, 2011 1:35 pm
 

Green Bay Packers stock sale starts Tuesday

Posted by Will Brinson

Owning an NFL team is a pretty difficult thing to pull off. In fact, only the Green Bay Packers represent a chance for members of the public to invest some of their hard-earned money into an NFL team, and even they only have a limited number of shares.

But here's some good news -- starting on Tuesday, the Packers will kick off their fifth-ever stock offering and make 250,000 shares available to the public at the low cost of $250 a share.

“We appreciate the interest that fans have expressed in our fifth stock offering,” Packers President and CEO Mark Murphy said in a statement released by the team. “We are not yet in a position to fully discuss the offering, however, this information will answer some of the initial questions that we’ve received.”

The details Murphy and the Packers did offer include: only US citizens can purchase shares (with the exception of people who live in New Hampshire, who may not); up to 200 shares may be purchased by each individual or spousal pairing; shares can be purchased online with credit and debit cards, or via mail; the 200-share limit includes any shares purchased during the last offering in 1997-98.

Additionally, you can't transfer the stock, you shouldn't buy the stock hoping that the Packers win another Lombardi Trophy and you make a profit, and each piece of stock isn't worth $250 if you want to sell it back to the Packers.

Also, be aware that there are currently 4,750,397 shares owned by 112,158 shareholders, so you probably won't have much say in whether James Starks gets more carries than Ryan Grant the rest of the year.


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Posted on: July 15, 2010 11:41 pm
 

Packers would love to host Big Ten title game

With Nebraska giving the Big Ten 12 teams, stadiums across the Midwest are vying for the chance to host the Big Ten title game. One of those stadiums is Lambeau Field.

"We'd be very interested (in hosting the conference title game)," Packers president Mark Murphy told ESPN. "The Big Ten has got such history and tradition, and to have a championship in Lambeau Field would be tremendous. It'd be good for our community and good for college football to have it in such a historic venue."

The Packers would be competing with stadiums of the Browns, Colts, Bears and Lions for hosting rights.

As ESPN reports:

Murphy, who served as athletic director at Northwestern before joining the Packers, anticipates a formal bidding process to begin if the league decides it will have a championship game beginning in 2011.

Weather could factor into the Big Ten's decision for a championship game site, as leagues like the SEC and Big 12 usually hold their football championship games at indoor facilities.

"Early December, that's balmy in Green Bay," Murphy joked. "To me, that's part of the attraction of college football, to play in the elements. We're going to have a Super Bowl in New York in February, so it's not that much different."

--Andy Benoit

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Category: NFL
Posted on: June 20, 2010 4:12 pm
 

What about the journeymen?

The hot topic of the past week has been an expanded schedule and what the owners and players think about it.

I think the majority of us agree that the NFL eventually will move to an 18-game regular season schedule, probably when the owners and the NFL Players Association negotiate a new Collective Bargaining Agreement. In order for that to happen, the owners likely will have to give concessions to the players based on, perhaps, expanded health care or, more likely, a stricter set of standards regarding contact during off-season and in-season practices.

The 18-game schedule simply makes too much sense for the owners and for the fans, and despite the players’ objections now – I haven’t talked to or heard from a player who says they’re in favor of it (if I’m missing somebody, let me know) – they’ll eventually agree to the new idea.

But the National Football Post’s Matt Bowen – who played seven seasons for four teams – brings up a good point. What about the fringe players who need the extra two preseason games to show why they should fill one of the final spots on a 53-man roster? What about the preseason evaluation process?

From his story:

The reason I bring this up is because of my own experience and from seeing rookies and older veterans scratch and claw to make that final cut. They need the time and they need the opportunities. Yes, they may not make that exact club’s final roster, but if they can make a play or two on special teams, show the ability to play within the basic schemes in the fourth quarter of preseason games and — hopefully — show enough potential on tape, then they may catch on somewhere else at some point in the regular season.

One solution to combat this issue perhaps is to expand the rosters. One solution, as discussed by Packers president Mark Murphy, is to erect a developmental league. One solution is to forget about the idea of 18 games altogether.

While the minute details of the CBA negotiations might be boring – if the two sides ever begin to negotiate for real – I’ll be interested to see exactly how an 18-game schedule will work and what the owners will give to the players in return.

--Josh Katzowitz

For more NFL news, rumors and analysis, follow @cbssportsnfl on Twitter.



Category: NFL
Posted on: June 17, 2010 6:42 pm
 

Whitworth speaks about expanded schedule

OK, I’ve had a chance to read the entire Mark Murphy transcript from Wednesday. Murphy, as you know, is the Packers president, and he’s the one who got the NFL universe buzzing about the expanded schedule, where the NFL would erase two preseason games and give you two extra regular-season games in return. He’s also an eight-year NFL veteran who made a Pro Bowl as a DB.

“I think the real roots of it are that as you look across the NFL and everything that we offer, we really try to provide top-quality value to our fans, whether it’s the regular season, postseason, the draft or the combine,” Murphy said in the conference call. “To me, the one that stands out as being different is the preseason. There just isn’t the same value there. I know from my position with the Packers, I get a lot of complaints (about the preseason). We actually just had focus groups with a number of our season-ticket holders and club-seat holders and had a lot of complaints about the preseason games. It just isn’t the same value there that you have in the regular season. I think there is a real issue there that we need to address.”

OK, but don’t you have to give the players more money if they’re going to play two more real games?

“Under the relationship that we have with the players, they get close to 60 percent of the revenue. If we grow the revenue, they are going to get more. They are currently playing 20 games, and we’re not increasing that. That would be the way that we would approach it. This is an opportunity for us to work together to grow revenue and improve the game.”

Sounds great for the fans who don’t have to pay regular-season prices to watch exhibition games, right? Yes. Sounds great for the scribes who don’t have to report on exhibition games, right? A double yes. But what about the players? Does it sound great for them?

Um, not quite as much. After the Bengals finished their final workout of the offseason today, I spoke to OT Andrew Whitworth, Cincinnati’s NFLPA player rep.

The transcript from my interview:

CBSSports.com: Lots of talk today and yesterday about the 18-game schedule. What are your thoughts?

Andrew Whitworth:
We want to do anything to make the game better for the fans. If an 18-game schedule will do that, that would be great. But there’s also some things player-wise and health-wise that might be an issue. We feel like if we’re going to have to do that, there has to be some things that change as far as the offseason and training camp.

CBS:
Are you talking about just the offseason stuff, or are you also talking about increased health care?

AW: You have to do one of two things; you have to improve the situation now with improving the OTAs or during the season where there’s less contact or you’ve got to attack the health-care issue and give the guys better health care when they’re done. Right now, with most players, even if they play 15 years, they only have – at the most – five year of health care. That’s kind of ridiculous what guys go through.

CBS:
Do you think the 18-game schedule will happen?

AW:
I think the owners definitely want it. I know they’ve prepared for it in their future schedules from what I’ve seen. It’s something they’ll go forward with. But there has to be other things that improve for that to happen.


--Josh Katzowitz

For more NFL news, rumors and analysis, follow @cbssportsnfl on Twitter.


 
 
 
 
The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com