The Arizona Diamondbacks are closer to receiving as much as $500 million for renovations to their downtown Phoenix ballpark, now that state legislators have approved a financing bill. The bill awaits a signature from Gov.

The Diamondbacks are one step closer to securing a public/private financing deal that will allow them to renovate Chase Field and remain in downtown Phoenix for the foreseeable future. The Arizona House of Representatives voted 35-20 on Monday to approve House Bill 2704,