What does 'The Foxes are up to bat and down by a point' mean?
Does this mean the Foxes are behind their opponent by one point?
What does 'The Foxes are up to bat and down by a point' mean?
Does this mean the Foxes are behind their opponent by one point?
Yes, that's a correct assumption.
Also, "up to bat" is a reference for being your turn to attack on baseball. Source.