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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:

What’s Better for Your Résumé—Captain of the Debate Team or Playing College Sports?

Kentucky freshman Julius Randle declares for NBA Draft

Rice power forward Sean Obi transfers to Duke

Twitter Users Eviscerated NCAA President Mark Emmert With #AskEmmert Hashtag

'Hurricane' Carter Dies; Boxer Was Wrongfully Convicted Of Murder