ARIZONA DIAMONDBACKS

Forbes ranks Arizona Diamondbacks as MLB’s 20th most valuable team

Mar 29, 2021, 6:45 PM | Updated: 6:45 pm
David Peralta #6 of the Arizona Diamondbacks bats against the Los Angeles Dodgers during the first ...
David Peralta #6 of the Arizona Diamondbacks bats against the Los Angeles Dodgers during the first inning of the MLB spring training game at Camelback Ranch on March 10, 2021 in Glendale, Arizona. (Photo by Christian Petersen/Getty Images)
(Photo by Christian Petersen/Getty Images)

Despite a coronavirus-shortened season without any fans in 2020, the value of Major League Baseball teams still increased from last year.

Forbes released its 24th annual MLB valuations on Friday, reporting that the average worth of an individual team has increased to $1.9 billion — over 3% more than a year ago.

The Arizona Diamondbacks came in at the No. 20 spot — worth approximately $1.32 billion, a 2% increase from 2020.

That metric ranked as No. 10 in the National League and fourth in the NL West ahead of the Colorado Rockies at $1.3 billion (2% increase).

It should come as no surprise to see the New York Yankees atop the list with an estimated worth of $5.25 billion, followed by the Los Angeles Dodgers at $3.57 billion — both a 5% one-year increase.

The NL West division foes San Francisco Giants’ $3.175 billion valuation ranked fifth on the chart (2% increase), while the San Diego Padres came in at the No. 17 spot with a worth of approximately $1.5 billion (3% increase).

Revenue fell 65% to $3.66 billion for the league last season, which resulted in teams losing a combined $1.8 billion compared to a $1.5 billion in profit in 2019, according to the report.

However, due to television deals increasing by 19% to a total of $1.84 billion, revenue will increase for all 30 clubs when the new deal begins as Major League Baseball is slated for a 19% annual average increase from 2022-28.

The D-backs will finish up the last of spring training against the Cleveland Indians on Tuesday before Opening Day against the Padres in San Diego on Thursday.

Arizona Diamondbacks

FILE - Chase Field sits empty after the Colorado Rockies decided not to play their baseball game ag...
Arizona Sports

Arizona Diamondbacks claim former Orioles pitcher Zack Burdi off waivers

The Arizona Diamondbacks announced Thursday they have claimed pitcher Zack Burdi off waivers from the Baltimore Orioles.
6 days ago
PHOENIX, ARIZONA - JULY 01: Manager Torey Lovullo #17 of the Arizona Diamondbacks signals from the ...
Arizona Sports

D-backs’ Lovullo ready to fill critical roles on coaching staff

D-backs skipper Torey Lovullo spoke with media about how he plans to fill the team's pitching, hitting and bench coach positions.
11 days ago
Arizona Diamondbacks general manager Mike Hazen joins The Doug & Wolf Show for an interview on ...
Kevin Zimmerman

D-backs to prioritize more power bullpen arms, grinding hitters

Diamondbacks GM Mike Hazen believes more power in the bullpen and more grinding hitters at the plate can help turn his team around.
12 days ago
Arizona Diamondbacks manager Torey Lovullo (17) argues with umpire Chad Whitson, left, during the t...
Arizona Sports

D-backs make multiple coaching changes to start offseason

Arizona manager Torey Lovullo retained his job with a one-year extension, but his staff is not moving forward in the same framework.
12 days ago
San Diego Padres manager Jayce Tingler returns to the dugout after the national anthem before a bas...
Associated Press

Padres fire manager Jayce Tingler after midseason collapse

The San Diego Padres have fired Jayce Tingler a season after finishing second in voting for NL Manager of the Year.
14 days ago
Arizona Diamondbacks' David Peralta, right, douses Diamondbacks' Josh VanMeter (19) after VanMeter'...
Associated Press

Diamondbacks clinch No. 2 pick in MLB Draft after going 52-110 in 2021

The Diamondbacks finished with a 52-110 record in 2021, tying the Baltimore Orioles for the worst record in the majors.
17 days ago
Forbes ranks Arizona Diamondbacks as MLB’s 20th most valuable team