Nike stands behind Lance Armstrong

Nike stands behind Lance Armstrong

Nike remains in support of Lance Armstrong even as he is stripped of his Tour de France titles, choosing not to fight charges from the U.S. Anti-Doping Agency.

Armstrong's decision means that while he will not have to go through a trial to fight the charges, the acclaimed cyclist will still be stripped of his historic seven Tour de France titles.

Nike, which has deep ties with Armstrong as a sponsor and supports Armstrong's Lance Armstrong Foundation, declared its support of the cyclist in a statement which reads in part: "Lance has stated his innocence and has been unwavering on this position. Nike plans to continue to support Lance and the Lance Armstrong Foundation, a foundation that Lance created to serve cancer survivors."

Read more at OregonLive.com.

{biztweet}lance nike{/biztweet}