It’s official now, Nintendo has partially sold their ownership of the Seattle Mariners. Nintendo will still receive 10% of their original share after selling 45% of their 55% majority shares for 661 million US dollars. Negotiations for the deal had begun back in late-April. However, things were only finalized as of today. The official Nintendo document announcing the sale says that “we expect that it will take some time to calculate and confirm the impact of this sale to the Company’s consolidated financial performance”.
Nintendo Has Partially Sold Ownership Of The Seattle Mariners For $661,000,000
Hi Donnie. No doubt this is to pay for some movie productions coming up.
$661M USD and that’s only “partially”. O_o
Why do you think players in these teams earn so much money?
No shit right? I mean it makes me want to do sports all of the sudden.
I hope they don’t sell the whole team out. I like the aspect of Nintendo owning a sports team
Hard to believe that a silly baseball team can cost SO much money. Yet there’s people out there who are starving and in great need.
Who did they sell to?
It’s a secret to everyone.
what is nintendo thinking?
Having money for NX advertising and Nintendo movie production.
Im an Oboist.
You know my saxy secret.
why be saxy when your can be be bari saxy.
Touche
Oh yeah. I forgot Nintendo owned a baseball team.
I never knew lol
I live near Seattle, so I’m a Mariners fan. I hope that this won’t negatively effect the team or local economy in anyway. Sometimes when a team is sold to another company, especially if it’s not a local company, the teams performance and the local revenue gained can be effected.
Put that money into some good NX marketing
The question is why selling a good investment(if it’s a good investment) ? Either the team is not performing as Nintendo would like and don’t bring enough money or Nintendo needs a lot of money (which I doubt since the pokemon Go give them enough money at the minute)..
It’s because baseball sucks.
Either they sold many of their shares because the team was bad & didn’t win a lot of games or they sold their shares because, in spite of the money from Wii, Nintendo needed the money for some reason.
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lol it was bound to happen eventually