Lance Armstrong Steps Down as Livestrong Chairman as Nike Cuts Ties

Wednesday, 17 Oct 2012 08:36 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Lance Armstrong has stepped down as chairman of the cancer charity he founded, Livestrong, after U.S. anti-doping officials issued a scathing report detailing his use of performance-enhancing drugs for years as one of the world's premier cyclists, the foundation said on Wednesday.

Separately, one of his main corporate sponsors, Nike, said it was ending its sponsorship of Armstrong.

"To spare the foundation any negative effects as a result of controversy surrounding my cycling career, I will conclude my chairmanship," Armstrong said in a statement.

Armstrong is set to lose his record seven Tour de France titles after the U.S. Anti-Doping Agency published a 1,000-page report last week that said the now-retired American took part in and organized an elaborate and sophisticated doping scheme on his way to his unrivalled success on the Tour.

Armstrong has always denied he took banned substances during his glittering career but refused to challenge the USADA charges against him.

Armstrong founded the Lance Armstrong Foundation in 1997 after being diagnosed with testicular cancer in late 1996. The foundation launched Livestrong in 2003 to provide support services to cancer patients.

Meanwhile, Nike, in reversing its earlier stand in support of Armstrong, said it could no longer ignore the evidence of his illicit behavior as a professional cyclist.

"Due to the seemingly insurmountable evidence that Lance Armstrong participated in doping and misled Nike for more than a decade, it is with great sadness that we have terminated our contract with him," the company said in a statement. "Nike does not condone the use of illegal performance enhancing drugs in any manner."

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Bumgarner, Giants Beat KC 3-2 to Win World Series

Thursday, 30 Oct 2014 00:32 AM

Madison Bumgarner and the San Francisco Giants succeeded where no team had in 3 1/2 decades, winning Game 7 on the road  . . .

Group Says Piece of Metal Found on Island Is From Earhart's Plane

Wednesday, 29 Oct 2014 23:23 PM

Researchers probing the 1937 disappearance of famed American aviator Amelia Earhart's plane said on Wednesday they now b . . .

Eric Holder: I Regret Calling James Rosen a 'Co-Conspirator'

Wednesday, 29 Oct 2014 19:43 PM

Attorney General Eric Holder says he wishes he could have a do-over after calling Fox News reporter James Rosen a "co-co . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved