Green Bay Packers: “‘The People’s Team”‘

For decades I’ve cringed whenever I heard the Dallas Cowboys referred to as “America’s Team”. For decades I swerved between suffering and schadenfreude over the NFL’s Washington R@$#… / WFT/Commanders… under their billionaire owners.

But my growing cynicism has expanded across all U.S. professional sports (NFL, MLB, NHL, and the NCAA ) are reaching a crescendo.  My biggest cringes are saved for the hypocrisy / of the leagues and their owners who, on one hand refer to their teams as “part of the social fabric” of their community, while at another time holding these same communities (and their state governments…) hostage to threats of relocation to another community if their demands for public funding for newer, bigger, more profitable stadiums. 

Let’s look at the Washington Nationals. Twenty years ago when MLB relocated the Montreal Expos after 2004 season, the leagues search committee first priority was to find a community that would use public funding (mainly through bond debts) to fund a new stadium.  In Washington’s case, this amounted to over $600million in revenue bonds by the District of Columbia government. 

Step Two was to identify potential ownership groups to bid on the price of the team. The District government was not included for consideration as a member of — partial stakeholder — any of the ownership groups vying for the team. IMHO, $600M seems like a significant share of the final asking price, maybe even the single biggest minority shareholder under the current group.

If “‘ horse racing is the sport of Kings,”‘ then these professional leagues are the sport of oligarchs.

But there’s a better way. Consider this the “public option” for pro sports (see the national health care debate).

The Green Bay Packers operate under a unique business model in professional sports, known as community ownership. Unlike most teams owned by wealthy individuals or corporations, the Packers are owned by shareholders, who are fans of the team. However, these shares do not appreciate in value, pay dividends, or provide any other financial benefit. Instead, they grant voting rights, which allow shareholders to participate in electing a board of directors who oversee team operations. This model ensures community involvement and support, as well as financial stability for the franchise. The Packers have sold shares on several occasions to raise funds for stadium improvements and other expenses, but these shares cannot be traded on any established market.

However, leagues like the NFL have ownership rules make it difficult for community-owned teams to operate within the league.

According to NFL rules, a team’s principal owner must own at least 30% of the team, and that individual or entity must have control over the team’s operations. Additionally, there are restrictions on the number of owners and the types of entities that can own a team. These rules effectively limit the possibility of community ownership within the NFL, as it would be challenging for a large group of shareholders to meet these requirements and operate the team effectively.

While the Green Bay Packers are an exception to this rule due to their grandfathered status (they were established before the NFL’s current ownership rules), it would be difficult for a new team to adopt a community ownership model and gain entry into the NFL under the current regulations.

Further research suggestion -From ChatGPT–

… to locate case studies on the Green Bay Packers, especially with respect to their unique community-owned structure, you can consider the following strategies:

1. **University Libraries**: Certain universities with prominent sports management programs may have developed case studies on the Green Bay Packers. You can reach out to these institutions, like Northwestern’s Kellogg School of Management or Columbia’s Sports Management program, to inquire about access to their resources.

2. **Harvard Business Publishing**: This publisher offers a vast collection of business case studies and might have covered the Packers. Their catalog is searchable, and purchasing is straightforward for educators and students.

3. **Sports Business Journals**: These publications often conduct in-depth analyses that are case-study-like in their content and are more publicly accessible.

4. **National Football League (NFL) Resources**: The NFL has research and business analysis departments that might provide internal case studies or business analysis documents, some of which could potentially cover the Green Bay Packers.

5. **Google Scholar**: This free search engine for scholarly literature can sometimes yield results in the form of theses, dissertations, or research papers that act as in-depth case studies.

6. **Business School Associations**: Groups such as the AACSB (Association to Advance Collegiate Schools of Business) may have directories or listings of case studies that could lead you to one specific to the Packers.

7. **Professional Networking**: LinkedIn and academic networking sites can be useful. Connect with professionals who specialize in sports management or educators who teach related courses; they might be able to point you in the direction of relevant case study material or even provide copies if they have the rights to do so.

When searching, consider using terms like “Green Bay Packers organizational structure”, “Green Bay Packers business model”, “Green Bay Packers community ownership”, or “NFL team ownership case study” to refine your searches.

Article: AT&T unintentionally creates groundbreaking resource that could permanently alter local communities — here’s how

AT&T unintentionally creates groundbreaking resource that could permanently alter local communities — here’s how https://flip.it/CLw7ca

Another GIS- based hazard model/data!

Article: “I Am Because We Are”: Introducing Ubuntu Philosophy

“I Am Because We Are”: Introducing Ubuntu Philosophy https://flip.it/5PG.K0

this philosophy has many Western similarities to communitarism and socialism. Moreover, it appears aligned with the norms of other indigenous cultures.

“‘…embodies a communal ethos that emphasizes shared responsibility, trust in each other, and interconnectedness among the community.'” And “‘…respecting what previous generations and the natural world have already built for you. The living individual that lives according to Ubuntu principles will acknowledge that many beings have shaped—and will continue to shape—the reality that one is born into.”‘

Compare the above to Senator Elizabeth Warren’s stance around the phrase “I built that” conversation about economic contribution and fair taxation.

In a speech she gave while campaigning for the U.S. Senate in 2011, Warren made an argument about wealth creation, emphasizing that no individual or business becomes successful in isolation. The phrase similar to “I built that” became emblematic of her argument that businesses benefit from government-provided infrastructure, education systems, and protection which should then be supported by their taxes.

Warren pointed out that while entrepreneurs work hard for their success, they do so with the help of resources that society provides. This includes tangible things like roads and utilities, and intangible ones such as the education of their workforce and the enforcement of the rule of law. This idea was to underscore her point that paying taxes is a way of giving back and supporting the system that facilitates success for everyone.

Her remarks were in the broader context of the debate over tax policy and economic inequality in the United States. Warren’s perspective challenges the view held by some that success is solely the result of individual effort and that taxation is an undue burden. Instead, she presented a viewpoint that considers success to be partly contingent on social investments, and thus those who benefit substantially from the system have a responsibility to contribute to its maintenance and growth.

This dialogue fed into the larger narrative of fairness in the economy, prompting discussions on whether the wealthy and corporations are paying their fair share of taxes. It brought to the public conversation questions about how wealth is generated and the role of government and community in individual success.

Senator Warren’s comments contributed to a fundamental debate on economic philosophy and public policy that resonates with ongoing discussions about capitalism, social responsibility, and the distribution of wealth. [So sez ChatGPT]

But what ChatGPT misses — or isn’t explicit — is the function of time and the intergenerational nature of society. Our infrastructure and community were built over decades and centuries. The Interstate highway system was started in the 1950s. New York City was established in the 17th century; Washington DC in 1789 (if memory serves)

I bring philosophical (political) foundations up because we critically need it to guide the debates and ultimate policy decisions to address our changing environment (climate change and disaster resilience) and technology ( … like ChatGPT…)

The future of hazard mapping(…?)

FYI – I getting the feeling that the outside industry is outpacing FEMA products, whereby, their non-regulatory products will become obsolete.   

I attended a NEMA Webinar earlier this week on yet another flood risk assessment technology from the firm FloodMapp whose products are designed to provide states/locals “Flood Intelligence”  — aka situational awareness:

  • Forecast (Real-time intelligence that answers the question “where is it going to flood tomorrow?)
  • NowCast (Live flood mapping that answers the question “where is it flooding right now?”)
  • PostCast (Flood extent data that answers the question “what was impacted by the flood?”)

The NEMA webinar also had the Chief Resilience Officer for Norfolk, VA, who discussed how the community uses this FloodMapp product in their CRS program.  They also signed up  w/ the Waze app to re-route drivers away from road hazards (“Turn around / don’t Drown” ). Waze uses Norfolk’s FloodMapp data.

Between firms like First Street Foundation, FloodMapp, others (e.g.: CoreLogic, Esri – probably a sizeable list…), and FEMA, there is a growing supply of the kind of info to help communities to identify their hazard risks. The ‘winner’ will be the one that has the right mix of well-communicated science and granular data that becomes publicly accepted and can ‘make the argument’ in the arena of state/local politics and in the courts (or vice-versa). 

Taken to its next logical step:  If these products are increasingly useful and used to better define a communities’ land use requirements, then that makes NFIP ins. maps(FIRMs) irrelevant – especially since FEMA uses Risk Rating 2.0 to determine ins. rates.

Thus, will FEMA need to spend $400 mil annually on RiskMAP and FIRMs?

For future consideration in this portfolio space… 

Article: Watch New Zealand MP’s ‘Absolutely Brilliant’ 80-Second Takedown of GDP

Watch New Zealand MP’s ‘Absolutely Brilliant’ 80-Second Takedown of GDP https://flip.it/7NhS9w

Ive long had a dim view of this metric. IMHO, it’s simply ‘single-entry accounting’ — ‘”That baseline measure of just those transactions does not give us any meaningful insight into the value of those transactions, whether we actually want them in the first place, whether they actually benefit people and the planet, nor the distribution of those transactions—that is, who benefits from those transactions.”‘

Thinking about it another way: disaster response and recovery activities (debris removal, search/rescue, victim recovery, reconstruction, .. ) are all positive expenditures in the GDP ledger.

And GDP does not calculate any ‘debits’ — eg – when crime increases in a community, the response is to spend more on police and personal security, etc. All these drive GDP up, but is your quality of life in your community better?