It wasn’t expected to be contentious, and it wasn’t: Major League Baseball approved the sale of the Seattle Mariners and a minority stake in ROOT Sports NW from Nintendo of America to current minority investor First Avenue Entertainment (FAE), in a deal that values the team and the sports-network share at $1.4 billion. (more…)
Tag Archives | First Avenue Entertainment
Seattle Mariners Sold; Lincoln To Step Down as CEO
Nintendo of America is selling its majority share of the Seattle Mariners and its minority stake in ROOT Sports NW to current minority investor First Avenue Entertainment (FAE), in a deal that values the team and the sports-network share at $1.4 billion. (more…)