Tar Heel Times
UNC Sports & Recruiting News
Menu

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."
Full article at Wall Street Journal

Recent ACC & NCAA News Articles:

7/25/2014Recruit announces commitment to Florida with a live baby alligator
7/25/2014How Nike and Oregon Created College Football's Perfect Brand
7/24/2014Miami mascot Sebastian the Ibis walks a bride down the aisle
7/24/2014Frank Beamer's goals at Virginia Tech align with ACC's higher profile
7/24/2014Wake Forest coach Dave Clawson realistic about first-year challenges
7/23/2014Playground Basketball is Dying
7/23/2014Optimism high, expectations low as NC State looks to rebound from 2013 disaster
7/22/2014Cutcliffe continues on 'culture change' at Duke