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Which Major Video Game Company Also Owned A Major League Baseball Team?



 Seattle Mariners Logo
Seattle baseball club

Answer: Nintendo

It seems like a rather unreliable way, a major video game company and a major league baseball team, but that's just how things ended up for the Seattle Mariners pro baseball team.

In the early 1

990s, the Mariners were in rough financial shape. Nintendo of America, based on Redmond, Washington, supplied the capital of Nintendo of Japan and purchased 54 percent of the team for $ 67 million — effectively securing majority ownership. In 2004, Nintendo of Japan passed the majority ownership stake directly to Nintendo of America.

At the time, Nintendo was the only major video game company to own a major sports team and one of only four corporations to own a major league. Baseball team – the other three corporately-owned teams are the Atlanta Braves (Liberty Media), the Toronto Blue Jays (Rogers Communications), and the Washington Nationals (Lerner Enterprises). In 2016, however, Nintendo sold a significant number of shares (reducing their ownership stake to 10 percent) and the principal ownership of the team now belongs to First Avenue Entertainment limited partnership, led by businessman John W. Stanton.


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