New Mariners majority owner John Stanton appears to be putting his money where his mouth is.
A little more than a year ago, the wireless pioneer announced plans to buy the vast majority of Nintendo of America's stake in the club and succeed Howard Lincoln as the team's chairman and CEO. The deal was approved by Major League Baseball in August.
On Tuesday, the Mariners were valued at $1.4 billion in Forbes' annual franchise valuation rankings released Tuesday. According to the magazine, the M's brought in $289 million in revenue last year (up from $271 million last year), but saw a sharp decline in their operating income, which was pegged at $11.