Dennis Coates, Economics, on Sports On Earth and in the Baltimore Sun

A new Sports On Earth commentary by Patrick Hruby quotes UMBC professor Dennis Coates, economics, in arguing that eliminating “sports welfare” among college and professional sports teams and owners would provide an “easy, overdue fix to the nation’s fiscal woes.” Coates believes more money would be available to indebted cities with professional  teams and stadiums if athletes kept their money in the communities where they play, instead of the southern California or south Florida areas where they often live. “If that same money was spent on a movie, dinner, bowling, the theater, a locally-owned bar, tips for bartenders and waitresses, all …