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11/17/24

[Answer] What is the only U.S. sports team owned by its fans?

Step 1 : Introduction to the question "What is the only U.S. sports team owned by its fans?"



...The Green Bay Packers are the only fan-owned team in professional sports. Rather than being the property of an individual or corporate entity, the Packers operate as a nonprofit organization supported by over 537,000 shareholders. It is this broad-based community support and non-profit structure which has kept the team in Green Bay for nearly a century in spite of being the smallest market in all of North American professional sports. As a publicly held nonprofit, the Packers are also the only major-league sports franchise to release its financials every year.




Step 2 : Answer to the question "What is the only U.S. sports team owned by its fans?"



Green Bay Packers:


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Step 3 : Disclaimer & Terms of Use regarding the question "What is the only U.S. sports team owned by its fans?"


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