Sports Business Report
Under Armour Posts Gains, But Company Still Has 'A Lot Of Work To Do'
Under Armour reported strong third-quarter results, beating profit and revenue projections while reducing its inventory more than expected, but CEO Kevin Plank said the company still has "a lot of work to do."
Despite Optimism, Pimlico's Future Remains A Big Question Mark
Michael Olesker responds to state delegate Sandy Rosenberg's recent comments about the future of the Preakness Stakes at Pimlico Race Course.
Myriad Reasons For Orioles' Attendance Woes
The Baltimore Orioles dropped below 2 million spectators this year for the first time since 2011, but poor on-field play was just one of the factors contributing to the attendance decline.
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.