Tar Heel Times
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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:

College football attendance: Home crowds drop to lowest in 14 years

West Virginia AD Oliver Luck will take No. 2 job with NCAA

At Jim Calhoun's Food Drive, Talk Shifts To UConn Rivalry Vs. Duke

Wisconsin officially names Paul Chryst next head football coach

North Carolina teen scores 30 points hours after sister's funeral, fueling social media movement


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