VAMatt said:
I thought they sold that stake a year or so back. No? |
They had over 50% controlling interest in the club and sold a majority of it about year back or so. They still retain a 10% stake in the club.
"On April 27, 2016, Nintendo of America issued a press release stating it would sell most shares it held of Seattle Mariners ownership to First Avenue Entertainment limited partnership. Nintendo retained a 10% ownership of the team after the sale was completed in August 2016."
https://en.wikipedia.org/wiki/Seattle_Mariners
Profits from the sale was about 661 million US dollars and they still have a 10% stake of a 1.4 billion dollar club.
https://www.polygon.com/2016/8/22/12584458/nintendo-seattle-mariners-sale-661-million
