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Who Owns the Arizona Diamondbacks? What is Their Net Worth?

Published 10/26/2023, 1:15 PM EDT

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Arizona, where the sun always shines and baseball is more than just a sport. Baseball, a passion for millions who are running around corners with dreams in their eyes, Arizona Diamondbacks come alive. The Major League Baseball team, also called Dbacks, holds a special place in the hearts of baseball fans. The Diamondbacks have their set of challenges and victories, that made them apart from others. 

Based in Phoenix, Arizona, the team was formed with great owners who helped in shaping the right destiny. 

Who Are The Guardians Of Arizona Diamondbacks?

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Arizona Diamondbacks was founded in the year 1998, making it one of the newest teams in MLB. The first season of the team wasn’t as good as expected, unfortunately, they came last in their division. The first owner, Jerry Colangelo, decided to add talents like Randy Johnson, Luis Gonzalez, and Matt Williams. This effective step by the owner resulted in the Dbacks winning 100 games and securing a postseason berth as well. The newest team had defeated the New York Yankees, and won World Series, under the owner, Jerry Colangelo.

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Later, in 2004, Ken Kendrick took over the ownership and since then, Dbacks have reached the postseason three times. Arizona Diamondbacks also has an NLCS appearance twice. In financial terms, under the guardianship of Kendrick, the team has eliminated debt worth $350 million. Not only this, Dbacks is now one of the philanthropic entities contributing $80 million in charitable contributions.

As the saying goes, ‘Behind every successful team, there’s a visionary leader’. With the blend of the team’s performance and Kendrick’s strategies, the Arizona Diamondbacks have become one of the greatest MLB teams. The team is now heading towards the World Series.  

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Beating the Philadelphia Phillies and chasing the World Series

Arizona Diamondbacks never leave the spotlight. The Dbacks are now headed toward the World Series after defeating the Phillies in Game 7. Spectacular players like Ketel Marte made Arizona Diamondbacks on the top of the world. 

The journey towards the World Series was tough, but it was worth the fight. Punching out a Phillies World Series ticket, and making their way into it will be the icing on the cake moment for players, fans, and Kendrick. 

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The guardians of the Dbacks have successfully shaped their destiny toward the World Series. A solid financial record, charitableness, and exceptional players are making Arizona Diamondbacks stand tall.

Watch This Story: Diamondbacks Shatter MLB Records With Epic Home Run Rally After ‘Fraud’ Dodgers’ Slip Up , Leaving Fans In Awe 

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Written by:

Amisha.verma

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Amisha Verma is an author at EssentiallySports. She was picked in the latest round of ‘ES Draft’ when we picked young writers with plenty of passion for MLB writing. Still in her early days, Amisha is driven by the words of wisdom from one of the greatest MLB coaches, Dusty Baker: “I'm not a guy that sits around and does nothing.
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Edited by:

Sherjeel Malik