NEWS
By Kevin Van Valkenburg | September 9, 2009
It wasn't that long ago when owning an NFL franchise was nearly a no-risk venture. Revenue sharing, a salary cap and the most lucrative television contract in professional sports made it virtually impossible to go wrong from a business standpoint. Even if the team floundered, your bank account did not. But the recent recession ushered in a new set of realities. For the first time in a decade, eight NFL teams saw their overall value decline, according to annual rankings compiled by Forbes magazine.
NEWS
By Childs Walker | April 6, 2009
After 11 straight losing seasons, the Orioles might struggle to fill Camden Yards in any economy. This year, they'll try to sell a struggling product in the bleakest financial climate since the Great Depression. "If you don't have a strong-performing team, you're in a really vulnerable situation," said John Moag, chairman of Moag & Co., a Baltimore-based investment banking firm that focuses on sports. "That hasn't been the case in past recessions." Orioles officials say that with the season opening today at Camden Yards, it's too early to know how much they'll be hurt by the recession.
NEWS
By Jeff Zrebiec | August 24, 2008
Velma Greene will return tomorrow to her job teaching math at Luther Jackson Middle School in Falls Church, Va., and she'll have quite a story to tell. Greene, 48, was designated last night as the 100 millionth person to attend a game in Orioles' franchise history. Her prize, courtesy of the Orioles and the Maryland Lottery, was $100,000, season tickets for five years and a package of other amenities that included a seat upgrade and a commemorative jersey. "I've never had an experience like this in my life," said Greene, who was recognized in an on-field presentation.
NEWS
By Dan Connolly | August 20, 2008
Kevin Gracie and four of his buddies met at Pickles Pub across the street from Camden Yards yesterday afternoon to wait out the long line at the ticket gate. When they saw the crowd thin, they walked over to Gate H, spent two minutes in line, joking about jockeying for position. Then, as he handed over his ticket, Gracie suddenly realized it would be an evening to remember. He was presented with a $50,000 check and awarded two Orioles season tickets for the next five years as the 50 millionth fan in Camden Yards' 17-season history.
NEWS
March 30, 2008
In a shaky economy, we all know what the financial experts advise: cancel your cable, drop your season tickets and start staying in. In essence, stop having fun. But being frugal and being cultured don't have to be mutually exclusive. Richard Anderson The Sun's critics and arts writers offer up their best advice on now to enjoy the Baltimore arts scene on a budget. THEATER Go on a weeknight: If you've been to the Charles Theatre in the past year, chances are you've seen commercials featuring Irene Lewis, Center Stage's artistic director.
NEWS
By BILL ORDINE | March 12, 2008
A couple of nights ago, I was watching the Arena Football League game between the Los Angeles Avengers and the Arizona Rattlers when the announcers discussed a startling promotion by the Arizona franchise. The team has guaranteed its season-ticket holders that the Rattlers would make the playoffs or the fans will get a refund on their season tickets. Six teams from the Rattlers' conference qualify for the playoffs and they're 1-1 so far. This comes from the league's Web site: "We are putting millions of dollars on the line," Rattlers managing partner Brett Bouchy said.
NEWS
By Jeff Zrebiec | December 18, 2007
An Orioles spokesman confirmed yesterday that the club has raised season ticket prices for select seats at Camden Yards for 2008, the first such increase in several years. "Camden Yards remains affordable to everyone as a season-plan holder or on an individual basis," said Greg Bader, the Orioles' director of communications. "A select number of season tickets have increased one to three dollars for the first time in four seasons, as we remain committed to creating the premier ballpark experience to everyone who attends an Orioles game."
NEWS
By Alex Marvez | September 24, 2006
Like other former and current New Orleans Saints players, Miami Dolphins right guard Kendyl Jacox gushes about the rabidness of Saints fans. Unfortunately, the costliest national disaster in U.S. history was needed to truly show it. While Saints running back Deuce McAllister recently said that New Orleans residents are born with "black and gold in your blood," many didn't want to spend their green to support the franchise after four consecutive seasons...
NEWS
By HEATHER A. DINICH | August 10, 2006
UM football ticket sales strong Football season-ticket sales have nearly doubled over the past five seasons under coach Ralph Friedgen, and Maryland officials said this year's number is expected to match or exceed last season's total despite consecutive losing seasons. Maryland sold 15,759 season tickets in 2001, when Friedgen took over the program and led the Terps to the Atlantic Coast Conference championship. Friedgen, who was brought in to resurrect a program that had two winning seasons in 16 years, immediately had three consecutive 10-win seasons, and sales jumped to 31,542 last year.
NEWS
By Bill Ordine | June 26, 2005
Stocks? Forget 'em. Bonds? Returns too low. Permanent seat licenses? Now you're talking. The licenses that the Ravens and some other National Football League teams require fans to purchase to buy season tickets - often to help pay for stadium construction or renovation - have gone from being what many regarded as an extortionary annoyance to what some now consider a dandy investment. For instance, when the Ravens' stadium opened in 1998, a permanent seat license ranged from $250 to $3,000, depending on the location of the seat covered by the license.