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Sports Business Report

UMBC Athletics Sees Business Boost

After scoring a historic upset win against Virginia in the NCAA Tournament last March, UMBC has seen a boost in sponsorship and ticket sales for the fall sports season.

Despite Sluggish 2017, Baltimore Ravens' Franchise Value Continues To Rise

The value of the Baltimore Ravens rose by 9 percent during the last year to $2.5 billion, according to a Forbes analysis, despite a rocky 2017 for the franchise.

Skepticism About Under Armour Shares Persists Despite Kevin Plank's Optimism

Some analysts remain skeptical about Under Armour despite CEO Kevin Plank's outlook that the company is on the right path to turning itself around after a rough 2017.

Topgolf Makes New Baltimore Location Official

The addition of Topgolf means a new sports attraction for Baltimore, while a rugged stretch of real estate between the Baltimore Horseshoe Casino and M&T Bank Stadium takes the first step toward revitalization.

Under Armour Revenue Stronger Than Expected On International Sales; Shares Down

Under Armour Inc. took a loss in the first quarter for the second consecutive year, but the company's revenue for the period topped Wall Street expectations and international sales continued to soar.

Chesapeake Bayhawks Pitch Scaled-Back Plan For Crownsville Hospital Center Site

The Chesapeake Bayhawks have rolled back their proposal to build a sports and retail complex on the grounds of the former Crownsville Hospital Center and will introduce a smaller-scale concept April 20.

UMBC President Freeman Hrabowski Still Feeling Effects Of Historic Win

UMBC president Dr. Freeman Hrabowski said the UMBC men's basketball team's victory against Virginia in March has led to a "transformational experience" for the university.

Former Raven Dennis Pitta's Home Sells For $1.3 Million

Former Baltimore Ravens tight end Dennis Pitta sold his home for $1.3 million last month as he departs Maryland.

Kevin Plank Says 'Scars Are Cool' As He Looks Back On Under Armour's 2017

Under Armour "learned a lot of lessons" in 2017 that CEO Kevin Plank said will help the sportswear maker make a comeback and turn itself around.

Orioles Announce Multi-Year Partnership With Naval Academy

The Orioles and the Unites States Naval Academy announced a far-reaching partnership that will bring an Army-Navy doubleheader to Oriole Park at Camden Yards later this month.

With A Little Help From Ray Lewis And Tom Brady, Under Armour Vows 'To Fight Back'

Under Armour did not shy away from addressing Wall Street's criticism in a video shown to the U.S. Olympic bobsled team at its Locust Point headquarters on Jan. 23.

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