Are the Olympic athletes parents financial woes newsworthy?

Over the past 24 hours I have seen many TV news reports and online media outlets report on the financial woes that athletes parents have.

Is this news?

I do not think this is news at all. Is it "news" because the children are "famous"?

Yeah media outlets can report on whatever they want we all know that. But this type of "Lets go find ALL the "dirt" type of reporting is just nuts. It has nothing to do with the athletes themselves!

These type of stories is why many people do not take the news seriously anymore. Many so called credible news outlets are becoming tabloid TV!!