Tar Heel Times
Your comprehensive source for Tar Heel sports news

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)


Share: Facebook | Twitter | Email

Related:

Recent ACC & NCAA News:

Walking with Dave Smith is a tour through recent Virginia Tech sports history

Nolan Smith: Durham Police pulled gun on me

Video: Take a Tour Around Miami's 'Dwayne Johnson Locker Room'

SEC football coaches must get used to view of new landscape

Carolina Railhawks owner among those indicted in FIFA corruption investigation


© 2005-2015 Tar Heel Times | Contact | Privacy Policy | Site Map | RSS | Did UNC Win?

Tar Heel Times is an unofficial resource for UNC fans and is not affiliated with the University of North Carolina.