Sponsored by Oregon Business

Nike drops Lance Armstrong

| Print |  Email
Must Reads
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}

 

Comments   

 
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)
Quote | Report to administrator
 

More Articles

6 development projects reshaping Bend

The Latest
Thursday, April 09, 2015
bendthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Bend has reclaimed its prerecession title as one of the fastest growing cities in the country.


Read more...

Emperor of the Sea

April 2015
Friday, March 27, 2015
BY COURTNEY SHERWOOD | Photos by Jason E. Kaplan

Pacific Seafood, one of the world’s largest processors, is rebranding as a more transparent and consumer-friendly operation. A controversial CEO and monopoly accusations from coastal fishermen complicate the tale.


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...

Grassroots movement pursues carbon bills

News
Tuesday, February 24, 2015
eventthumbBY KIM MOORE | OB RESEARCH EDITOR

A partnership of a grassroots environmental organization and a youth group is striving to build community and business support for carbon price legislation.


Read more...

Are wolves good for business?

Contributed Blogs
Friday, March 06, 2015
030615-wolf-thumbBY JEFF DELKIN | OP-ED CONTRIBUTOR

As a local business owner, I believe it’s important to build our economy on a platform of conservation values.  


Read more...

Much ado about data-driven organizations, for good reason

Contributed Blogs
Monday, April 13, 2015
bigdatathumbBY GRANT KIRBY | OP-ED CONTRIBUTOR

The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.


Read more...

ZoomCare rolls out new on-demand health clinics

News
Monday, March 02, 2015
zoomcarethumbBY KIM MOORE |  OB RESEARCH EDITOR

Portland-based healthcare provider ZoomCare said it plans to “remake American healthcare” by expanding its on-demand urgent care model to emergency, surgery, dental and primary care, among others.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS