As the Baltimore Orioles gear up for the last months of the baseball season, the Baltimore Ravens are flexing their wings as the regular football season begins in September. For Baltimoreans, that means savoring their last bites of foot-long sausages at Camden Yards and getting ready for the Ravens’ tailgate parties at M&T Stadium.

For Dennis Coates, professor of economics, it is neither the beginning or ending of a season. As a sports economist, Coates lives and breathes sports 365 days a year. Sports economics is the study of everything that encompasses sports—player salaries, stadiums, major leagues, broadcasting and media rights—and how it all affects the fans and the larger economy. It’s that kind of passion that inspired him to organize the first sports economics conference at UMBC in 2024 and then again in 2025, and the reason why the North American Association of Sports Economists (NAASE) established an award in his and his long-time research partner, Brad R. Humphreys’ honor.

NAASE, of which Coates is a founding member, voted to establish the Coates-Humphreys NAASE Distinguished Research Award in honor of the decades of research and contributions Coates and Humphreys, the associate dean of academic affairs at the John Chambers College of Business and Economics at West Virginia University, have made to the field of sports economics. 

“NAASE’s executive committee is pleased to create this award to honor your distinguished scholarly records in sports economics, contributions to NAASE, including serving as presidents of the organization, extensive activities connecting NAASE to sports economics communities outside North America, and your service to the broader sports economics field,” wrote NAASE president E. Frank Stephenson, in the award letter. “The committee has also selected you as the inaugural winners.”

This year marks Coates’s 30th year teaching at UMBC and working with Humphreys, a former associate professor of economics at UMBC. Humphreys is currently a professor of economics at West Virginia University and associate dean of academic affairs and research. When Coates is not teaching Retrievers the ins and outs of sports economics, he edits the sports economics book series for Springer Publishing and serves as the editor of the Journal of Sports Economics. The journal publishes research in labor market research, labor-management relations, collective bargaining, wage determination, local public finance, and other fields related to the economics of sports. Humphreys is editor-in-chief of Contemporary Economic Policy, a general interest economics journal, and serves on the editorial boards of six sports economics research journals. In the last five years, Coates and Humphreys have co-authored six research papers ranging from topics on voting behavior in the NCAA, public policy toward professional sports stadiums, and the impact of professional sports stadiums on local economies.

“I was totally surprised by the creation of this award and that Brad and I were the first to receive it,” says Coates. “I am honored and humbled that my colleagues think so highly of me, my research, and my contribution to the discipline that they would create an award in my name.”

Learn more about UMBC’s economics department.