The Packers are the NFL 's only publicly held team .
Team 've been that way -- bootstrapped and depending on some 112,000 fan shareholders -- since 1923 , with team 's ' first public offering in 1950 .
The Packers are the NFL 's only publicly held team , and they 've been that way -- bootstrapped and depending on some 112,000 fan shareholders -- since 1923 , with their first public offering in 1950 .