So if these are legitimate owner shares aren't the players going to have to sell them if they play for a different team? They are "legitimate shares" but they come with limited power, especially in the numbers a single person can own. Power-limited doesn't make them illegitimate, it just makes them limited. Anyway, as has been said a number of times, shareholder privileges are limited to voting rights, an invitation to the corporation's annual meeting, and shareholder-only merchandise. So while shareholders vote to determine who sits on the board of directors, the individuals with power are those who have been nominated and elected. My single share of stock limits my ability to influence how the organization is run to voting for folks whom will wield real power. As such, I suspect any active player who were elected to the board of directors would likely have to resign from the board if they moved to another team, but I doubt they'd have to give up their shares. Also remember when the 1997 sale took place the original shareholders stock split spilt 1000-1, meaning the original shareholders hold more interest in the team than anyone who bought stock in 1997, 2011 or this year. Player who own stock hold considerably more sway as player than they ever will as shareholders. Ok. But I still don't see how current players could or should be allowed to own these shares. It seems like a conflict of interest. Players could vote for people who would act solely for the benefit of the player and not the organization. With all the rules the NFL comes up with I can't believe they would allow anything that could even give the impression that players might somehow have a controlling interest in a team while they are an active player.