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.

Penguin Air

Arizona Diamondbacks

Arizona Diamondbacks relief pitcher Chris Devenski works against the Colorado Rockies in the sixth ...
Associated Press

Arizona Diamondbacks drop series opener in Colorado to Rockies

The Arizona Diamondbacks only managed five hits in a loss on the road against the Colorado Rockies.
2 days ago
Arizona Diamondbacks' Sergio Alcantara (43) and Geraldo Perdomo, middle, celebrate after scoring ag...
Kellan Olson

Diamondbacks rally to beat Pirates, make up for odd defensive blunder

The Arizona Diamondbacks' seven runs in the seventh inning picked up starter Merrill Kelly after he was positioned for an undeserved loss.
3 days ago
Chicago White Sox pitcher Lance Lynn warms up in the outfield before a baseball game against the Ne...
Associated Press

‘Field of Dreams’ game Thursday sees Cubs, Reds clash

“Field of Dreams” gets another tribute when the Cincinnati Reds take on the Chicago Cubs in a throwback ballpark in the cornfields of Iowa.
4 days ago
Arizona Diamondbacks right fielder Daulton Varsho leaps in vain for a triple hit by Pittsburgh Pira...
Kellan Olson

Bizarre double play, replay review costs Diamondbacks in loss to Pirates

The D-backs loaded the bases with nobody out down 6-3 in the ninth inning against the Pirates before one of the strangest plays of the year.
3 days ago
Arizona Cardinals wide receiver Larry Fitzgerald (11) is tackled by Philadelphia Eagles safety Marc...
Arizona Sports

Larry Fitzgerald, Pedro Gomez in 2022 Arizona Sports Hall of Fame class

Arizona Cardinals legend Larry Fitzgerald and late journalist Pedro Gomez are among the 2022 class entering the Arizona Sports Hall of Fame.
4 days ago
Tommy Henry #47 of the Arizona Diamondbacks delivers a first inning pitch against the Pittsburgh Pi...
Kellan Olson

D-backs starting pitching stays hot, Henry’s first W takes down Pirates

Diamondbacks rookie Tommy Henry continued the strong run of form from the team's starting pitching lately in a win over the Pirates.
5 days ago
Forbes ranks Arizona Diamondbacks as MLB’s 20th most valuable team