Mariners CEO resigns, new ownership group taking over club (Yahoo Sports)

Nintendo of America is selling its majority stake in the Seattle Mariners to a group of minority owners led by new chairman and CEO John Stanton. Outgoing Chairman Howard Lincoln announced the ownership transaction Wednesday, along with his intent to retire from day-to-day operations overseeing the franchise. Nintendo is selling all but 10 percent of its stake in the franchise and the regional sports network ROOT Sports.