The Green Bay Packers are selling stock in the franchise for $300 a share — but they're for bragging rights only

• Fans can own a piece of the Green Bay Packers Franchise for $300.
• The team is selling 300,000 shares starting Tuesday through Feb. 25, 2022.

Fans of the Green Bay Packers can purchase shares in the franchise for bragging rights only and for $300 apiece.

The NFL team is offering 300,000 shares Tuesday through February 25, 2022, for individuals to purchase. Though it's called a "stock" it doesn't do what most stocks do, like appreciate in value or pay out any dividends to owners. It also can't be traded.

Instead, fans get a certificate of the purchase and the ability to say they own a piece of a professional football team.

"We appreciate the interest that fans have expressed," the Packers President and Chief Executive Officer Mark Murphy said of the team's sixth stock offering. Previous offerings were in 1923, 1935, 1950, 1997 and 2011, the Wall Street Journal reported.

Only residents in the US, Guam, Puerto Rico, and the U.S. Virgin Islands can purchase a share and individuals are limited to 200 shares total, according to the press release. The money raised will go toward renovating the Packers' stadium, Lambeau field, the Journal said. More information about the offering will be provided once it begins.

So far this season the Packers are in first place in the NFC North conference with eight wins and two losses.