To that end, he is barred from acting in ways that deny the limited partners of their benefits of the partnership. Martin Stone, the owner of the Phoenix Firebirds, the San Francisco Giants Triple-A affiliate, was the driving force behind the push. As an NBA executive, he ran in similar circles with MLB executives. Also in contention is whether Major League Baseball pushed the Diamondbacks to reduce the number of minority owners with less than a one percent stake in the team or whetherthe team took the idea to MLB. Three minority owners are suing Managing General Partner Ken Kendrick over recent ownership share policy changes, Diamondbacks 3, Mariners 6: Melancholy Melancon, Mark Melancon is clearly rounding into mid-season form, but were still figuring out things to talk about, Arizona Diamondbacks Managing General Partner Ken Kendrick is being sued by three minority owners, Diamondbacks Spring Gameday Thread, #8: vs. Mariners. In April 1987 the city agreed to secure $150 million in bonding to build a 70,000-seat domed stadium on a 66-acre parcel of land in the southern section of downtown Phoenix. Perhaps unsurprisingly, Kendrick went to school at West Virginia University, which is a school with something of a reputation for research. Kendrick wrote to the teams limited partners in a letter entitled Buy-Up/Buy-Out. As summarized by Cohen (and Sandweiss), the letter informed the partners that, as part of a restructured limited partnership, each would be required to own at least 1% of the clubs partnership or their interest would be bought out. As such, he is responsible for running the day-to-day operations of the team as a whole. The financing deal provided the county with an escalating annual revenue guarantee based on ticket sales while requiring the Diamondbacks to pay for the maintenance of the ballpark. Cohen said his clients are not seeking a temporary restraining order, but they reserve the right to do so in the future. Colangelo transformed the Suns into one of professional basketballs best managed and most consistently successful franchises. (In 1998 Bank One acquired the naming rights for 10 years at a cost of $70 million.) They allege that Kendrick violated the law by ordering them to increase their stake in the team or sell their shares back to the team. Ken Kendrick Earl Gentry " Ken " Kendrick, Jr. (born September 2, 1943) is an American businessman who is the principal owner and managing general partner of the National League 's Arizona Diamondbacks. Besides his role as the founder of Datatel, Kendrick has spent some time as a banking executive as well. . pic.twitter.com/mdZE3bNqBO, Lourdes Gurriel Jr. gives the D-backs their first run of the game with an RBI double to right field, bringing in Josh Rojas in the 5th, Proof anything can be an album cover. Many aspire to buy a professional sports team and call the shots. The plaintiffs insist that Kendrick is using illegal tactics to purge them from the partnership. But instead of becoming a tenant of Stone and the city in the planned domed stadium, Bidwill signed a long-term lease with Arizona State University to play the Cardinals games at the football-only Sun Devil Stadium in Tempe, just east of Phoenix. That is the same year Kendrick ousted Jerry Coangelo as the Managing General Partner. Cohen rejects any notion that the 1% floor constitutes MLB edict. Three minority owners of the Arizona Diamondbacks Alfredo Molina, Jim Weber and limited liability company Carlise Investmentsare suing managing general partner Ken Kendrick, per Zach. Business-wise, Kendrick might be best-known for founding Datatel Inc. The attacker told the press, I shot Supervisor Mary Rose Wilcox to try to put a stop to the political dictatorship of Jerry Colangelo in pushing the baseball stadium tax. Wilcox survived the attack, which she blamed on the harsh opposition to the tax that remained a fixture of Phoenix talk radio.18. In addition to the BOB, Maricopa County taxpayers subsidized municipal bonds that financed the construction of a number of other downtown attractions during the 1990s, including a new library, a science center, an art museum, and a museum of Arizona history.25, The success the Diamondbacks enjoyed during their early years came at a high price. 23 Floating on Air, Colangelo Readies Big Party Today; Pedro Gomez, Tickled to Be in Arizona, The Sporting News, December 14, 1998, 80; All Arizona Has to Do Now, Right Now, Is Win., 24 Mike McCloy, Ballpark Looks Like a Million, Arizona Republic, October 13, 1996, B1; Don Ketchum, In the Ballpark, Arizona Republic, November 16, 1995, D4; Come Along on a BOB Tour, Arizona Republic, March 22, 1998, A1; Martin Van Der Wert, 1st Year Is a Tryout for Cooling System, Arizona Republic, March 22, 1998, BP6; Family-Style Attractions Cover All the Bases, Arizona Republic, March 22, 1998, BP10; Bill Muller, Mark Shaffer, and Richard Ruelas, BOB Takes a Bow, Arizona Republic, March 30, 1998, A1; Linda Helser, Diamondbacks May Be Best Pro Sports Bargain in Valley, Arizona Republic, March 29, 1998, C37; Pedro Gomez and Mark Topkin, Scouting the Expansion Cities, The Sporting News, March 30, 1998, 26; Fans Guide: Ticket Prices, March 30, 1998, Arizona Republic, C41. All of these plans would be executed once a major professional sports franchise signed a lease to play in the stadium.4, In January 1988 Bidwill won approval from the NFL to move his franchise to Arizona. As a result, Showalter was fired after the 2000 season.21, The win-now approach was clearly the governing ideology of the Diamondbacks by the time of the November 18, 1997, expansion draft. The three plaintiffs believe that Kendrick is effectively forcing them to sell their stakes and at below-market value. Three minority owners of the Diamondbacks claim that the club and managing general partner Ken Kendrick is illegally trying to force them to either increase their investment in the team or relinquish their stakes at a price the minority owners say is unfairly discounted, according to a lawsuit filed Tuesday in Maricopa County Superior Court. Molina, Webster and Carlisle Investments seek a declaration that Kendricks letter is of no force or effect and that Kendrick cant legally force them to increase their investment or sell their existing share. Read More 20 Things You Didnt Know about RooserContinue. Exclusive sports coverage of Arizona high schools, Sun Devils, Suns, Cardinals and Diamondbacks plus access to USA TODAY Sports+ at no additional cost. Attorneys for Kendrick are also poised to assert that the teams buy-up/buy-out requirement is fully compliant with partnership agreements. After a 1995 name the team contest conducted by the Arizona Republic in 1995, the nickname Diamondbacks was chosen for the team. Colangelo, the public face of the stadium project, skipped the meeting. The win-now approach of the Colangelo-Garagiola era can take some of the blame for the diminishing returns. The. AZ International Auto Show & New Car Buyer's Guide 2020 Model Year, Your California Privacy Rights/Privacy Policy. Kendrick is interesting in that it has two potential meanings in two languages. As of 2016 the Sun Devils have won five NCAA championships, appeared in 22 College World Series, and produced numerous major-league stars, including Reggie Jackson, Bobby Bonds, Dustin Pedroia, and Bob Horner. It also doesnt guarantee meaningful influence over the franchises direction. Used by permission under Creative Commons license (CC BY-SA 2.0). Bruner and Garagiola persuaded Colangelo to spearhead the effort to bring in a baseball team. Read More 20 Things You Didnt Know About SnapshiftContinue, Byjus is an educational technology company that has achieved a significant position in its niche in the technology industry. Weber, meanwhile, was told he would need to invest another $6.1 million to meet 1%, or he could sell his share for $1.6 million. The trio is represented by attorney Roger Cohen and his co-counsel, Kathi Sandweiss. A trio of Diamondbacks minority owners have filed a lawsuit against the franchise's managing general partner Ken Kendrick, according to a report from Zach Buchanan of The Athletic. The complaint contains several claims. Moreover, Colangelo took on the responsibility of negotiating a public financing deal for a downtown baseball stadium. In May 1988 Stone backed out of his deal with Phoenix, arguing that he could no longer negotiate the terms of a stadium lease from a position of strength as he had neither a franchise in hand nor another tenant with whom to share the burden of selling premium seats to the public.5, Without Stones backing for the deal, stadium plans languished. To that end, the plaintiffs insist on all relevant emails, correspondences, work papers and empirical analyses with MLB and Bases Loaded. The overwhelming majority of investors chose one of these options. Naimoli.) In an article from Zach Buchanan of The Athletic, Arizona Diamondbacks Managing General Partner Ken Kendrick is being sued by three minority owners: Alfredo Molina, chairman and CEO of Molina Fine Jewelers; Jim Weber, a former pro pitcher; and Carlise Investments, LLC. SPORTS ILLUSTRATED is a registered trademark of ABG-SI LLC. Report: Diamondbacks Owner Sent Threatening Email to Former Arizona AG After Criticism Nick Selbe Jul 22, 2021 After former Arizona attorney general Grant Woods criticized him on Twitter,. However, according to the complaint, a club attorney later clarified that Kendrick had misspoken and that a second valuation would not be possible. They were to begin playing in the 1998 season. But the status of being an owner still attracts. Cohen also disputes the assertion that partners holding interests of less than 1% somehow undermines the financial stability of the club or disrupts management. Each of those investors was given the opportunity to remain as part of the group by purchasing additional partnership units at a rate determined by a highly respected, independent appraiser. While it is unfortunate that the plaintiffs have chosen to decline the offer and take legal action, this decision is well within the rights of the Managing General Partner, who looks forward to the resolution of the matter.". The dispute began in January, when Kendrick informed 22 minority owners of the directive, which constitutes an effort to streamline the current ownership group. * List of Arizona Diamondbacks owners and executives C Jerry Colangelo Billy Crystal K Ken Kendrick M Cindy McCain Jeff Moorad CLAYTON TRUTOR is a history instructor at Northeastern Universitys College of Professional Studies. Get your tickets for the Guns N Roses concert on Oct. 11 at Chase Field. Molina, a jeweler by trade, is chairman and CEO of Molina Fine Jewelers. According to Buchanan, Molina was. AZ, CO, CT, IL, IN, IA, KS, LA, (select parishes), MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only.Eligibility restrictions apply. The three minority owners in question are Alfredo Molina, CEO of a Phoenix-area jewelry company; Jim Weber, a former professional pitcher; and Carlisle Investments. People who pay close attention to the Arizona Diamondbacks should be familiar with Ken Kendrick. Most people would expect Earl to mean nobleman, but it is interesting to note that it can mean warrior as well. Many opponents decried what they perceived as collusion between the citys political and business elite. 555 N. Central Ave. #416 The measure authorized the county to collect a $2.50 car-rental tax. Register now to join us on March 10-12, 2023, in Phoenix, AZ. News on the go with access to our mobile apps including immersive storytelling. Through Kendrick, the club retained the consulting firm Bases Loaded. Molina invested an additional $250,000 in the club between 2009 and 2014. Accessed June 3, 2016: http://foxsports.com/arizona/story/cactus-league-stadium-guide-salt-river-fields-arizona-diamondbacks-colorado-rockies-022416 ; Cactus League: Salt River Fields, azcentral.com, February 24, 2016. 3 Rick Hummel, Cactus League Is Coming on Strong, St. Louis Post-Dispatch, March 7, 2010, C1; Ron Fimrite, The Selling of Spring, Sports Illustrated, March 27, 1989, 58-61. The Arizona Diamondbacks have had two owners and five general managers in their 20-year history. Phone: 602.496.1460 For more details on the lawsuit, including reading the actual document, I recommend reading the linked article from The Athletic. One is declaratory judgment. The presence of the Diamondbacks hardly transformed commercial or residential patterns in Maricopa County. Giannis Antetokounmpo joins Kevin Durant and James Harden as owners of MLS teams Antetokounmpo is not the only NBA star getting involved in the MLS. He's been managing general partner since 2004. 1:51. MLB may want to offer policy statements that support the benefits of contracting the sizes of limited partners. Between 1998 and 2000, the Diamondbacks more than doubled their payroll from $32 million to $80 million. He is also an attorney and the Director of the Sports and Entertainment Law Institute at the University of New Hampshire Franklin Pierce School of Law. Arizona Diamondbacks owner Ken Kendrick wants minority owners who have less than one percent stake in the team to raise their stakes or part ways with the organization. Inject this straight into our veins. Carlisle Investments has been a part of the team's ownership group since 1998, and Molina and Weber bought in back in 2004. Join Matt Vasgersian and Harold Reynolds on MLB Network for the latest news, analysis and more, weekdays at 9 a.m. MLB, for instance, approves the sale of any equity in a club. 19 Bob McManaman, Colangelo Winds Up to Make Big Pitch, Arizona Republic, February 19, 1994, A1, A20. Such austerity did not breed a great deal of on-the-field success. He became part- owner with the team's inception in 1995. The arrival of major-league baseball in metropolitan Phoenix in 1998 was preceded by a half-century of close ties between the Valley of the Sun, as Phoenix and 9,200-square-mile Maricopa County are widely known, and the big leagues. Showalter came aboard just days after the New York Yankees fired him in the wake of the teams playoff loss in its first postseason appearance in 14 years. 13 David Schwartz and Eric Miller, County Close to Deal on Ballpark, Arizona Republic, January 9, 1994, A1; Frank Fitzpatrick, Stadium Issues Can Explode: Take Phoenix, Philadelphia Inquirer, January 13, 1999, E1; Decision Cost Jim Bruner His Dream of Serving as U.S. Congressman; 14 Decision Cost Jim Bruner His Dream of Serving as U.S. Congressman., 15 County Close to Deal on Ballpark. Decision Cost Jim Bruner His Dream of Serving as U.S. Congressman.. Jim Bruner, who both helped to develop the plan to pursue a baseball team and negotiated the terms of the financing deal with Colangelo, cast the deciding vote for the measure.16, The three supervisors who supported the tax faced serious consequences. In the expansion draft, the Diamondbacks scooped up veteran starting pitchers Brian Anderson and Jeff Suppan with their first two picks. In turn, this means that he has been involved with various banks in various other banks as well, with an excellent example being his investment in Woodforest National Bank. An MLB spokesperson told Buchanan that the league preferred smaller minority owner pools and that the Diamondbacks had a larger pool than other teams. Diamondbacks News MLB News Three minority owners are suing Managing General Partner Ken Kendrick over recent ownership share policy changes Alfredo Molina, Jim Weber, and Carlise Investments. Accessed June 3, 2016: http://azcentral.com/story/sports/mlb/diamondbacks/2014/09/27/jerry-colangelos-shadow-remains-prominent-diamondbacks/16344607/. Minority owners Molina and Weber initially invested in the Diamondbacks in 2004, while Carlisle Investments has been involved in team ownership since 1998. Martinez and allows three runs in 1 2/3 innings in his second start of Spring Training, Perfect day for a nice stroll around the bases. Jerry Colangelo photo on March 22, 2017, was taken by Gage Skidmore. According to a 2015 study commissioned by the Diamondbacks, the franchise generated $8.2 billion in economic activity since it began in March 1998. The general partner is the person whom MLB generally considers the official voice of a franchise. 11 Baseball Panel Backs Phoenix, Tampa Bay, Arizona Republic, March 8, 1995, A1, A16; DBacks Ownership a Mixed Bag, Arizona Republic, March 30, 1998, C33; Richard Obert, Floating on Air, Colangelo Readies Big Party Today, Arizona Republic, March 11, 1995, C1. 2023 ABG-SI LLC. The team was a near-immediate contender for a world championship. By the end of the 2004 season, the club owed more than a quarter of a billion dollars in deferred salaries.26. Cohen and Sandweiss authored the plaintiffs complaint and filed it in Maricopa County superior court on March 31. This type of arrangement can infuse millions of investor dollars into a teams operations. If were being honest, an owner with a minority stake experiences a mostly ceremonial involvement. If it so wishes, a team can have dozens of minority stake owners. Its possible that MLB could help Kendrick. Colangelo also negotiated a financing deal for a new arena to be built primarily with private money raised through JDMs limited partners and corporate sponsorship deals. In 2004, Kendrick became the Managing General Partner for the Arizona Diamondbacks. In 1990 the Arizona Legislature passed legislation that created a Maricopa County stadium district governed by the county Board of Supervisors. Michael McCann is SIs Legal Analyst. Owners. pic.twitter.com/m2n2BoWrVa, D-backs No. According to Buchanan, the lawsuit has nothing to do with any potential relocation as Kendrick controls a voting bloc of 90% of the ownership (Kendrick himself does not have 90% of the ownership shares). Such a judgment is issued by a judge and reflects a clarification of the rights and obligations of the parties. Instead, his full name is Earl G. Kendrick Jr., though to be fair, Ken Kendrick has a nice alliterative sound to it. Phoenix, AZ 85004 According to the complaint, Kendrick effectively controls about 90% of the Diamondbacks' partnership through his own stake and through his influence over other limited partners. Under Kendricks leadership, the Diamondbacks have enjoyed significantly less success on the field. He charges that it seemed to be Kendricks idea: Kendrick sought and obtained permission from MLB to institute the floor. In-depth coverage of the Valleys real estate market and whats being built and redeveloped in your city. Hell probably get his wish, but it will likely cost the club more than it wants to pay. Attorneys for Kendrick and the club will answer the complaint. But the franchise did succeed in getting a handle on its salary situation, and from about 2005 it has ranked near the bottom of the league in payroll most years. Ken Kendrick, who had been a managing partner since the franchises origins, took over as managing general partner. A trio of Diamondbacks limited partners are taking on the principal owner of the club, Ken Kendrick. Arizona has been home to major-league spring training since the immediate aftermath of World War II. Taken together, these claims assert that Kendrick, as the general partner of the partnership, has operated in bad faith by imposing new requirements on limited partners ownership. Like Kendrick, Jensen and Chipman earned their fortunes in the software industry. Suffice to say that Princeton is not an uncommon name, seeing as how it is not uncommon for towns to be named for one prince or another. 26 All Arizona Has to Do Now, Right Now, Is Win; Nick Piecoro, Jerry Colangelos Shadow Remains Prominent Over Diamondbacks, azcentral.com, September 27, 2014. 5 Martin Van Der Werf, Martin Stone, Arizona Republic, March 12, 1995, BB2; Stadium Developer Quits Deal; Martin Stone Quits Pact for Dome; Plan in Peril; Agreement Reached on Stadium.. The Cleveland Indians announced plans to move their spring-training headquarters from Tucson to Homestead, Florida. Kendrick, the . More than 2.5 million people attended games at the Bank One Ballpark (nicknamed the BOB) in each of the franchises first seven seasons. 6-keys: media/spln/mlb/reg/free/stories, at Carlisle Investments has been a part of the ownership group from 1998 with Molina and Weber buying stakes in 2004, when the team had an operating deficit of $300MM. Fans and media tend to think of this person as the owner.. 6 Robert Barrett, Stadium Fails, Goddard Wins, Arizona Republic, October 4, 1989, A1. Learn how your comment data is processed. More than 800 residents, split roughly evenly between supporters and opponents, attended the February 1994 meeting at which the Board of Supervisors voted amid a heavy police presence on the stadium deal.15, After a contentious six-hour meeting, the Supervisors voted 3 to 1 with one recusal to impose the sales tax. The Diamondbacks gave Showalter the additional responsibility of overseeing the development of its minor-league system. 29 Cactus League Stadium Guide: Salt River Fields at Talking Stick, FoxSports.com, February 24, 2016. A slightly more achievable goal, at least among the very affluent, is to buy a minority stake in a team. In the summer of 2016 the Diamondbacks asked Maricopa County for help in subsidizing $65 million worth of renovations to Chase Field, which county officials have also rejected.30. In 1952 the Chicago Cubs, who had previously trained on owner Phil Wrigleys Catalina Island (California) estate, began training in Mesa, just to the east of Phoenix. During the 2016 Republican presidential primaries, the Kendricks made headlines in Arizona for their strident opposition to Donald Trumps bid for the nomination. The league doesnt want the litigation to progress to pretrial discovery, where attorneys for the plaintiffs could demand that commissioners office staffwho appear to be key witnesses given their interactions with Kendrickturn over sensitive emails, other correspondences and financial records. Accessed on June 17, 2016: springtrainingmagazine.com/history4.html#cactus ; Gary Rausch, The Cactus League Is a Major League Tourist Attraction in Arizona, Chicago Tribune, February 26, 1989, M23. Moreover, he believed that unless the Diamondbacks fielded an immediately competitive team, they would not gain a foothold in the increasingly tight market for Arizona sports fans dollars. The stadium was to serve as the springboard to a $500 million downtown redevelopment plan that would include public and private investments in commercial and retail space, hotels, and housing. This type of petition captures the essence of the lawsuit. Colangelos rags-to-riches story was well known to Arizonans with even a passing knowledge of professional sports. This means that prospective partners must clear background checks and due diligence reviews. This directive goes to the meaning of the term buy-up/buy-out: a limited partner with less than 1% would need to buy up to at least 1%, or he or she would experience a buy out of their interest. 10 NBA Notebook: Pacific, The Sporting News, October 26, 1987, 47; Steve Wilson, When Youre Colangelo, You Gotta Believe, Arizona Republic, January 16, 1994, 10; Norm Frauenheim, Colangelo-Led Group Buys Phoenix Suns, Arizona Republic, October 13, 1987, A1, A2. Colangelos Suns had engendered unprecedented enthusiasm in the region for professional sports with an exciting run to the NBA playoff finals that year. Finally, the plaintiffs are suing to force Kendrick and the Diamondbacks to provide the documentation they have requested, and they are suing for a Preliminary and Permanent Injunction to prevent the team from forcing them to relinquish their ownership stakes, although none of the three have received payment yet and, with the shutdown of sports from the coronavirus, its not clear that anything has transpired that has yet deprived them of any rights or privileges as team owners. Initially, the BOB proved to be its own draw with an unprecedented array of amenities that appealed to spectators who were not especially interested in baseball: several playgrounds, a picnic pavilion, a day spa, and a swimming-pool party area (which could be rented for a group of up to 30 for $4,000 per game) were among the most popular attractions. Given MLBs interest in seeing this litigation resolve without being implicated, the league might urge Kendrick to find a solution. In short, it started out as a business that specialized in data processing, but went on to become something much more, as shown by the fact that its latter incarnation specialized in building education platforms for institutes of higher education. He has participated in SABRs Biography Project since 2012. We know they believe the appraisal process commissioned by Kendrick lowballed the value of their interests. 12 Mike Padgett, Decision Cost Jim Bruner His Dream of Serving as U.S. Congressman, Phoenix Business Journal, March 26, 2008. Arizona has four of MLB Pipelines Top 100 prospects, and is one of two organizations with three prospects within the Top 15, boasting outfielder Corbin Carroll at No. 1 Rick Thompson, A History of the Cactus League, Spring Training Magazine, March 1989. 9 prospect Drey Jameson strikes out two batters in two hitless innings during his spring outing against the Giants D-backs Insider Group Tickets Private Suites Special Events Caesars Sportsbook at Chase Field Carson Kelly's solo home run For those who are unfamiliar, said team started up in 1995. However, it took some time for the people behind it to get things done, which is why the Arizona Diamondbacks didn't play their first game until 1998. pic.twitter.com/SWoG5wrsRa, Alek Thomas hits an RBI double down the left-field line to put the D-backs on the board in the top of the 3rd inning, Corbin Carroll lines a triple to right-center field, showing off his speed in the top of the 5th inning, Alek Thomas hits a bloop single to center field and two runs score, cutting the D-backs' deficit to 5-3 in the top of the 7th inning, Emmanuel Rivera ropes a double down the left-field line and two runs score, tying the game at 5 in the top of the 7th inning, Jake McCarthy sprints to the right-field corner and leaps into the wall to make an impressive catch for the first out in the 2nd inning, Ryne Nelson fans J.D. While these individuals are colloquially referred to as owners, they are more accurately called limited partners. Limited partners comprise a legal entitythe partnershipthat is structured to obtain tax advantages and secure immunities from personal liability. A list of all owners in the history of the Arizona Diamondbacks. The Legislature also authorized the county Board of Supervisors to impose a 0.25 percent sales tax to help finance construction of a baseball stadium if one of the countys municipalities was awarded a franchise.6, Stone continued to pursue a major-league team for Phoenix into the early 1990s. Kendrick has been one of the part-owners of the Arizona Diamondbacks since the start of the franchise. For instance, profits and losses are allocated among all the partners. Arizona Diamondbacks: Ken Kendrick - Year acquired: 1995 Ken Kendrick was part of an ownership group that brought an expansion team to Arizona, and he became the Diamondbacks' Managing General Partner in 2004. Among the Diamondbacks limited partners are Alfredo Molina and Jim Weber. Four of the publicly financed facilities created by the legislation are each shared by two major-league clubs, including the Indians facility in Goodyear, which they share with the Cincinnati Reds. Besides that, the place has a reputation for being the so-called Jewel of the South.. This refers to the majority of a partnership pressuring those with minority interests to sell upon threat of termination. The three minority owners in question are Alfredo Molina, CEO of a Phoenix-area jewelry company; Jim Weber, a former professional pitcher; and Carlisle Investments. The Diamondbacks willingness to invest heavily in elite starting pitching put them on the fast track to the postseason. Veeck persuaded New York Giants owner Horace Stoneham to join the Indians in Arizona. Examples range from the Barrow Neurological Institute to the Cleveland Clinic Foundation. Diamondbacks partners were called upon to make pro rata contributions towards legal, accounting and consulting fees. The Arizona Diamondbacks selected Druw Jones with the second overall pick in the 2022 MLB Draft in mid-July, but the team may not get to see Jones play for the Ex-Cy Young winner joins . The Maricopa County Stadium Authority, which was created to save the Cactus League, played a similarly decisive role several years later in the arrival of the Diamondbacks by providing the region with a public institution capable of financing a ballpark costing several hundred million dollars. Under Colangelo and Garagiola, the Diamondbacks won division titles in 1999 and 2001 as well as the pennant and World Series in 2001.