Home Must Reads Nike drops Lance Armstrong

Nike drops Lance Armstrong

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Wednesday, October 17, 2012

A week after doping evidence was made public, Nike terminated Lance Armstrong's contract, as he also stepped down as chairman of Livestrong, his cancer foundation.

“I have had the great honor of serving as this foundation’s chairman for the last five years and its mission and success are my top priorities,” Armstrong said in a statement. “Today therefore, to spare the foundation any negative effects as a result of controversy surrounding my cycling career, I will conclude my chairmanship.”

In a statement on Wednesday morning, Nike said the evidence that Armstrong had doped was so overwhelming that it could no longer partner with him. In the past, the company stood by athletes like Kobe Bryant, who was accused of sexual assault but never convicted; Michael Vick, who was convicted and served time in a federal prison for his role in a dogfighting ring; and Tiger Woods, who gained international notoriety for his extramarital affairs.

Read more at The New York Times.

{biztweet}lance armstrong{/biztweet}

 

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Guest
0 #1 Good for Nike, what about 24 Hour FitnessGuest 2012-10-17 18:31:32
This has flopped back and forth for so many years now. I guess the real question is; Is it really that hard AND need to take so much time & capital to give the guy a COMPLETE blood/drug/toxi cology/ test ??? I mean COME ON!!! Get your act together people

Another question; 24 HR Fitness has a location that uses LA for it's location name and most of the decor is related. Do you think 24 HR Fitness will follow Nike?

After all, is he not being considered as some sort of criminal now??? (Not accusing, only asking)
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