ficials should not be deluded by over-optimistic predictions of a financial windfall." When it comes to the NBA in particular, economists Dennis Coates and Brad Humphreys found that "the departure of professional basketball from cities had no impact on their economies in the following years."
Date: Jun 11, 2015
Category: U.S.
Source: Google
Orioles and sponsors look to ride 2014 success into a new season
Not everyone benefits from the economic boost. If the team weren't so hot, University of Maryland, Baltimore County economist Dennis Coates said, much of the money spent on Chris Davis jerseys or outings at Camden Yards would go toward something else. And little of the money comes from outside the r
"(For) hardcore basketball fan this will be something that is missing and you will feel that emotionally, but for most people it won't affect their lives or their income," Dennis Coates, an economics professor at the University of Maryland-Baltimore County, told the IBTimes. "They will find somethi