As several NFL franchises are competing to relocate to the Los Angeles area, Dennis Coates, a professor of economics, argues that facts do not support the claim that professional football would be an economic goldmine for Southern California. Coates wrote an op-ed published in The Orange County Register in which he argued public subsidies for professional sports franchises do not always provide the economic boom that officials hope for. In the column, Coates referenced a study he did with a colleague that was recently updated to examine the economic impact of professional sports teams in major cities across the country: “Our findings were …