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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:

Optimism high, expectations low as NC State looks to rebound from 2013 disaster

Cutcliffe continues on 'culture change' at Duke

Jameis Winston draws a crowd at ACC kickoff

Big 12 commissioner Bob Bowlsby: ‘Cheating pays'

Rory McIlroy's dad will cash in 10-year-old bet


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