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{"id":40238,"date":"2016-08-22T11:09:12","date_gmt":"2016-08-22T18:09:12","guid":{"rendered":"http:\/\/nintendotoday.com\/?p=40238"},"modified":"2016-08-22T11:09:12","modified_gmt":"2016-08-22T18:09:12","slug":"nintendo-sells-its-baseball-team-for-660-million","status":"publish","type":"post","link":"https:\/\/daily.net\/nintendo-sells-its-baseball-team-for-660-million\/","title":{"rendered":"Nintendo sells its baseball team for $660 million"},"content":{"rendered":"
<\/p>\n
Nintendo just netted $661 million for the sale of its Seattle Mariners baseball team. Nintendo owned a 55% stake in the team, of which they sold 45% for a net sum of $661 million. They still own a 10% share in the team.<\/p>\n
And it was a profitable deal for Nintendo, to say the least: the late Nintendo president Hiroshi Yamauchi was a big baseball fan and purchased the team in 1992 for $125 million. <\/p>\n
Meaning Nintendo made over half a billion dollars of profit on the deal. <\/p>\n
Nintendo is based in the Seattle area, with their American headquarters in suburb of Redmond (the same town where Microsoft is based as well).<\/p>\n","protected":false},"excerpt":{"rendered":"
Ka-ching!<\/p>\n","protected":false},"author":4,"featured_media":40239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"xf_promoted_thread_id":0},"categories":[],"tags":[3189,40,1358],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/posts\/40238"}],"collection":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/comments?post=40238"}],"version-history":[{"count":0,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/posts\/40238\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/daily.net\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/media?parent=40238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/categories?post=40238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daily.net\/wp-json\/wp\/v2\/tags?post=40238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}