A group of investors headed by the...

A group of investors headed by the president of Nintendo, a Japanese video game maker, offered $100 million to buy the financially troubled Seattle Mariners, but Commissioner Fay Vincent immediately said it was “unlikely” that the group’s offer would be approved.

“Baseball has addressed the issue of ownership of its franchises and has developed a strong policy against approving investors from outside the United States and Canada,” Vincent said in a statement. “It is unlikely foreign investors would receive the requisite baseball approval.”