The Arizona Diamondbacks are notable for being amongst the expansion teams of MLB. The team was formed in 1998 after Phoenix, Arizona, United States got an expansion for an MLB team. The team played their first season in 1998 as a member of the National League (NL). They also represented the West Division of the National League (NL) in their career so far.
The Arizona Diamondbacks have won one World Series title in their career so far. Additionally, they won the NL title twice and the NL West Division title thrice in their career so far. Chase Field has been serving as the home ground of the team since their 1998 season. They have played twenty-seven seasons since their beginning in 1998 and have gained a win-loss record of 2067-2168, along with a win-loss percentage of .488 as of 2024. The team is also notable for being strong rivals of the Los Angeles Dodgers since 1998.
Who Owns the Arizona Diamondbacks?
Ken Kendrick has served as the managing general partner of the Arizona Diamondbacks since 2004. He was notable for being a charter member of the ownership group that brought the team to Phoenix, Arizona, United States, also known as the “Valley of the Sun.” Hailing from Princeton, West Virginia, United States, he attended West Virginia University.
Kendrick gained his fortune from his software development company Datatel, which is now known as Ellucian. He also invested in Woodforest National Bank. Notably, he is also the largest shareholder of the Arizona Diamondbacks. Under his leadership, the Arizona Diamondbacks played in the postseason thrice and played the NLCS twice in their career so far. Moreover, the team also hosted the MLB All-Star Game in Chase Field in 2011. He also opened a Spring Training facility, often considered to be the best in baseball in Salt River Fields at Talking Stick as per the official MLB website.
Ken Kendrick is also involved in the day-to-day operations of the Arizona Diamondbacks. He hired Mike Hazen, which in turn led to the hiring of Torey Lovullo as the manager of the team. He also formed a 20-year extension deal with Bally Sports Arizona in 2016, which is regarded as the largest financial transaction in the history of the team. He reduced the $350 million team debt through equity and debt restructures. Ken Kendrick was included in the National Baseball Hall of Fame and Museum Board of Directors in 2020. He has a net worth of $1.1 billion as of 2024 as per Forbes.
Arizona Diamondbacks Net Worth 2024
Ken Kendrick has a net worth of $1.1 billion as of 2024 as per Forbes.
Arizona Diamondbacks Owner FAQs
A. Ken Kendrick made his money through software and banking investments.
A. Ken Kendrick is worth $1.1 billion as of 2024.
A. Ken Kendrick attended West Virginia University.
A. Carlise Investments, Jim Weber and Alfredo Molina are the minority owners of the Arizona Diamondbacks as of 2024.
A. Ken Kendrick is from Princeton, West Virginia, United States.
