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Updated Mar 30, 2013 - 7:38 pm

D-backs 19th most valuable MLB franchise

The Arizona Diamondbacks rank as the 19th most valuable team in the majors.

According to Forbes, the Diamondbacks are currently worth $584 million. In 2012, the Diamondbacks accrued $195 million in revenues and totaled an operating income of $7.6 million.

The organization hopes to transfer Maricopa County's $354 million ownership of Chase Field to Phoenix. This would provide the team with augmented control over the stadium and its management.

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