Grace signed with the Arizona Diamondbacks on December 8, 2000, with a $6 million, two-year contract after the Cubs declined to offer salary arbitration. The deal included a mutual $3 million option year in 2003. He received $5.3 million in his last season with the Cubs but accepted less money for the opportunity to live year-round at his home in suburban Scottsdale, Arizona with his family. "For me to remain a Cub, the Cubs would have wanted to want me back and the Cubs would have had to win", Grace said at the time. "Neither of those happened and I'm one proud Diamondback now."