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Nintendo selling off a majority of its interests in the Seattle Mariners

by Ron Duwell | April 28, 2016April 28, 2016 4:00 pm PST

Nintendo Mario Seattle Mariners

Nintendo has been the majority shareholder of the ML baseball team the Seattle Mariners for nearly two and a half decades, but the era is about to come to a sudden end. Currently, the company owns 55 percent of the interest in the team, and an official Twitter post from the baseball club confirms that Nintendo is looking to sell a majority off to other owners.

The move comes at a time when Nintendo is making major shifts in how it approaches both the console and mobile gaming markets, and it looks like baseball will not be part of the company’s long-term success.

Former Chairman of Nintendo of America Howard Lincoln will resign from his position as CEO of the Seattle Mariners, but he will remain involved with the team to keep a watch on the 10 percent stake that the company plans to keep.

“From the first day of our involvement nearly 24 years ago, Nintendo has had two goals for its investment in the Mariners. First, we wanted to assure the permanence of the team in this great city. And on that count, I am proud and gratified that this agreement further solidifies that goal. On the other hand, I’m equally disappointed that we have not been able to host a World Series game for our fans.”

Former Nintendo President Hiroshi Yamauchi bought his stock in the team back in 1992, and it became something of a symbol of anti-Japanese sentiments at the time in the United States. Japanese companies, stealing our automotive industry, buying up our baseball teams, infiltrating our childrens’ minds with their fat plumbers and green fairy boys.

My goodness, how retro.

Seattle Mariners Kotaku

Ron Duwell

Ron has been living it up in Japan for the last decade, and he has no intention of leaving this technical wonderland any time soon. When he's not...

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