Dennis Coates, Economics, on “NBC Nightly News”

UMBC sports economist Dennis Coates appeared on NBC Nightly News on October 23, discussing the effects of a possible NBA season cancellation. Although a lost season would negatively impact related businesses, such as sports bars, some suggest keeping a sense of perspective. Compared to the possible negative economic impact of a lost NFL season—recently averted—Coates argues that a lost NBA season would be “a drop in the bucket. The industry is just too small.” NBC notes that both fans and local business continue to hope for a resolution.