Nintendo of America is planning to sell its majority interest in the Seattle Mariners, the company announced Wednesday.

Nintendo of America will retain a 10 percent stake in the club, with the remainder of its holdings sold to other members of First Avenue Entertainment LLLP, a limited partnership which owns the Mariners and a majority interest in the regional sports network ROOT Sports Northwest, the Mariners said in a press release.

The team was valued at $1.4 billion.