Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Republican Redefined (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Lance Armstrong Dropped by Nike; Steps Down at Livestrong

% of readers think this story is Fact. Add your two cents.


Seven-time Tour de France winner Lance Armstrong has been dropped by from an endorsement deal at Nike and will also step down as chairman of Livestrong, the Cancer-fighting charity he founded, in the wake of the U.S. Anti-Doping Agency filings volumes of reports alleging widespread doping and drug use during the cyclists reign at the top of the sporting world.

This story’s sad on so many levels its genuinely hard to comprehend.

ESPN:  The biggest supporter of cyclist Lance Armstrong has left his side.

The world’s largest shoe and apparel company, Nike, announced Wednesday that it has terminated its endorsement deal with Armstrong.

“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. Nike plans to continue support of the Livestrong initiatives created to unite, inspire and empower people affected by cancer.”

It is believed that Armstrong is now the second athlete who has been terminated by Nike. Nike terminated its contract with quarterback Michael Vick in 2007 following his plea agreement on dogfighting charges, but the company re-signed him in 2011. Endorsement contracts typically have morals clauses that allow companies to sever their deals with cause.

Together with Nike, the Livestrong Foundation raised more than $80 million through the sale of yellow Livestrong wristbands since May 2004. Nike also has a healthy line of Livestrong-branded products, including shoes and T-shirts. There were nearly 100 Livestrong items available for purchase on Nike’s website on Wednesday morning.

ESPN:  Armstrong’s decision to leave Livestrong came a week after the U.S. Anti-Doping Agency released a massive report detailing allegations of widespread doping by Armstrong and his teams when he won the Tour de France seven consecutive times from 1999 to 2005.

USADA’s documentation attempts to show why the organization has banned him from cycling for life and ordered 14 years of his career results erased — including those Tour titles. It contains sworn statements from 26 witnesses, including 11 former teammates. Cycling’s governing body, the International Cycling Union (UCI), received USADA’s report last week and has 21 days to decide whether to formally ratify the decision to strip Armstrong of his Tour titles or appeal to the Court of Arbitration for Sport.

Armstrong, who was not paid a salary as chairman of the Lance Armstrong Foundation, will remain on its 15-member board. His duties leading the board will be turned over to vice chairman Jeff Garvey, who was founding chairman in 1997.

 ”This organization, its mission and its supporters are incredibly dear to my heart,” Armstrong said in a statement obtained by The Associated Press. “Today therefore, to spare the foundation any negative effects as a result of controversy surrounding my cycling career, I will conclude my chairmanship.”


Source:


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.