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Moody's Revises NCAA's Credit Outlook to Negative

Ratings agency Moody's revised the NCAA's credit outlook to negative Monday as a lawsuit against college sports' governing body proceeds in federal court. "The escalation of risks reflect the growing perceived disconnect between the amateurism of student-athletes, as codified by the NCAA, and the commercial success of high-profile college sports," the agency's report said. "Increased public discourse about the best interest of student-athletes combined with highly publicized litigation could destabilize the current intercollegiate athletic system and negatively impact the NCAA and its member universities." (Wall Street Journal)


Recent ACC & NCAA News Articles:

Jimbo Fisher upset by Dave Doeren accusations

Report: SMU 'intrigued' by Mack Brown

ACC football weekend rewind: Louisville survives without starting QB

Watson Brown loses record 200th game

Duke trustees approve plans for “Cameron-like” football renovations


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