Lance Armstrong has resigned as chairman of his Livestrong charity as the cyclist's doping saga continues, The Huffington Post reports. Minutes after Armstrong stepped down, Nike issued a statement severing its relationship with Armstrong "due to the seemingly insurmountable evidence that Lance Armstrong participated in doping and misled Nike for more than a decade." However, Nike will continue to support Livestrong.
"This organization, its mission and its supporters are incredibly dear to my heart," 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."
Armstrong did not earn a salary as chairman and will remain on the charity's 15-member board. Last week, the U.S. Anti-Doping Agency released a lengthy report detailing the doping allegations against Armstrong and his racing teams between 1999 and 2005, during which he won seven consecutive Tour de France titles.
To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here
Picks From Around the Web
blog comments powered by Disqus