The Arizona Diamondbacks are valued at $390 million, placing the franchise 19th out of the 30 teams in Major League Baseball, according to Forbes annual list of team valuations released Thursday. That’s up 3 percent from last year, as the D-backs received a boost from their television contract with Fox Sports Arizona and a successful year on the field. The team challenged the Los Angeles Dodgers for the National League West crown for most of the year, before faltering at the end of the season. According to Forbes research, the D-backs brought in $177 million in the 2008 season. Two years ago, the team signed a reported eight-year, $250 million deal with Fox Sports Arizona, among the most lucrative deals in baseball. The average MLB team’s worth rose a little more than 1 percent to an all-time high of $482 million. Still, 10 franchises saw values decline during the past year, which was marked by historic losses on Wall Street, record foreclosures and a global credit crises. Big gains by the New York Yankees and New York Mets, which debuted new stadiums this year, skewed the average gain. The Florida Marlins were the least valued team at $277 million, followed by the Pittsburgh Pirates at $288 million.
Top 10 teams
Rank Team Value Percent Change Revenue
1. New York Yankees $1.5B, 15%, $375M
2. New York Mets $912M, 11%, $261M
3. Boston Red Sox $833M, 2%, $269M
4. Los Angeles Dodgers $722M, 4%, $241M
5. Chicago Cubs $700M, 9%, $239M
6. Los Angeles Angels $509M, 2%, $212M
7. Philadelphia Phillies $496M, 3%, $216M
8. St Louis Cardinals $486M, 0%, $195M
9. San Francisco Giants $471M, -5%, $196M
10.Chicago White Sox $450M, 2%, $196M
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