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:

Candid Coaches: Who's the college coach you'd most like to have a beer with?

Depth will prove key for Pitt football entering season

Clemson's Mike Williams returns from a neck injury, is ready for his turn in the spotlight

Football clinics for women draw conflicting opinions

Cheating For Dummies 2: Your updated guide to smarter NCAA rule-breaking, student-athlete edition


© 2005-2016 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.