![]() ![]() Residents and politicians in Armstrong’s second home of Aspen had previously expressed hope that the ongoing doping controversy in cycling would not impact Armstrong’s foundation work. It has raised nearly $500 million to combat cancer, according to foundation officials. “Nike plans to continue support of the Livestrong initiatives created to unite, inspire and empower people affected by cancer.”Īrmstrong launched Livestrong in 1996 as he was winding down treatment from testicular cancer. Nike does not condone the use of illegal performance enhancing drugs in any manner,” the company wrote in a prepared statement. ![]() “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. In August, Armstrong announced he would no longer fight the USADA allegations and was stripped of his championships, although Tour organizers say they will not name new winners. Armstrong had been silent since the release of last week’s mountain of evidence, including testimony from 11 former teammates who helped the Texan and part-time Aspen resident win a record seven straight Tour de France titles between 19. ![]()
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