Tag: Sports Business

  • The Preakness Doesn’t Need the Derby Winner. It Needs a Reason to Matter.

    The Preakness Doesn’t Need the Derby Winner. It Needs a Reason to Matter.

    Golden Tempo will skip the Preakness Stakes for health reasons, highlighting a broader issue in Maryland’s horse racing industry. The current Triple Crown format relies too heavily on Derby winners, diminishing the Preakness’s significance. A proposed championship structure could enhance its value and attract competitors, ensuring it remains relevant regardless of Derby participation.

  • NFL Draft Coming to the National Mall — A Win for DC’s Suburbs, Another Missed Moment for Baltimore

    NFL Draft Coming to the National Mall — A Win for DC’s Suburbs, Another Missed Moment for Baltimore

    Washington, D.C. will host the 2027 NFL Draft on the National Mall, anticipated to attract over 1 million fans, breaking previous records. The event will include a concert series and fan festival, greatly benefiting nearby Maryland suburbs. However, Baltimore remains sidelined, despite its strong football tradition and proximity.

  • Maryland Owns the Racetrack. Churchill Downs Owns the Race.

    Governor Wes Moore announced Maryland’s acquisition of Laurel Park for $48.5 million, completing the state’s thoroughbred racing infrastructure. However, Churchill Downs purchased the Preakness Stakes trademark for $85 million, leaving Maryland with weakened negotiating power over future licensing and branding, despite its significant financial investment in the racing industry.

  • When Bureaucracy Meets Baseball: Is the Government Overreaching on the Athletics’ Trademark?

    The Oakland Athletics face trademark hurdles as they prepare to relocate to Las Vegas, with the USPTO denying their applications for “Las Vegas Athletics” on grounds of geographic descriptiveness. Despite their century-long identity, they cannot register the name until they play there, highlighting bureaucratic rigidity versus brand recognition.

  • What College Football Owes Its Fans

    College football transcends mere sport, embodying tradition and community. However, modern changes like the transfer portal and NIL disparities disrupt the bond with fans. They demand continuity, identity, competitive fairness, honesty, and respect. The sport must recognize fan investment to maintain its cultural significance and avoid becoming a collection of transient athletes.