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:

How Lefty Driesell started Midnight Madness with a midnight run in 1971

Tennessee hires Rick Barnes as new head coach

Bill Self, Roy Williams, and the Eerily Reminiscent 12th Year Kansas Crossroads

Fans, drivers weigh in on Martinsville Speedway's new hot dogs

Hot Rod Hundley dies at 80: Legendary scorer, court jester, NBA broadcaster


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