Various storage and display racks have been designed to hold sports equipment such as snowboards and skis. Such devices typically require the use of tools to make any adjustments to accommodate equipment of varying sizes. This often entails drilling new holes and/or re-nailing the device to a wall on which it is mounted. Moreover, even when using tools to make such adjustments, each side of the device must be adjusted separately to ensure proper balance of the equipment being held. In addition, conventional devices typically do not include a way to lock the equipment within the device. Therefore, it would be beneficial to provide a rack for sports equipment, and methods of storing or displaying sports equipment that overcomes these and other deficiencies of racks of the prior art.