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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:

Report: SEC, A&M would nix bowl game vs. Texas

Northwestern Players Stoked About Getting Chick-Fil-A After Upsetting Notre Dame (video)

'Weird' Buzz Williams begins slow and steady rebuild of Virginia Tech

USC reinstates suspended cornerback Josh Shaw to team

NCAA tournament committee considering early seeding reveal


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