Nintendo won’t be selling the Mariners despite majority owner’s death

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Last week Nintendo chairman and Mariners majority owner Hiroshi Yamauchi passed away at age 85, leading to some speculation that the team could be on the market.

Not so says team CEO and chairman Howard Lincoln, who told Puget Sound Business Journal that “Nintendo has no plans to sell its majority interest in the Mariners.”

Yamauchi owned 55 percent of the Mariners, which has officially been held by Nintendo of America since 2004. He originally purchased that stake in the team for $100 million in 1992, but has always remained extremely hands-off.