Armstrong steps down as Livestrong chairman

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Lance Armstrong stepped down as chairman of Livestrong Wednesday, following the publication of evidence of his use of performance-enhancing drugs, the Star Tribune reported.

"To spare the foundation any negative effects as a result of controversy surrounding my cycling career, I will conclude my chairmanship," Armstrong said, according to the New York Times.

The evidence from the United States Anti-Doping Agency also caused Nike to drop its contract with Armstrong, the New York Times reported.

According to the Star Tribune, Nike said in a statement that it would continue to support Livestrong, but is dropping the contract with Armstrong because he "misled" the company for a decade.

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This page contains a single entry by turnb060 published on October 17, 2012 11:49 AM.

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