The NFL is not owned by any single person or entity. Instead, it is collectively owned by the 32 NFL teams' franchise owners. These owners include individual people, families, and groups who own the teams, with each team having representation on the NFL's executive committee to make league decisions. An exceptional case is the Green Bay Packers, which is publicly owned by more than 350,000 stockholders and operated as a non-profit corporation. The NFL ownership structure requires that most teams be owned by a single owner or a small group of owners, each with a controlling stake, except the Packers, who are grandfathered in with their unique ownership model. Overall, the NFL league's ownership lies in the hands of these team owners collectively.