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Lance Armstrong Fired By Nike, Steps Down From Livestrong Cancer Charity

Posted on Wed Oct 17, 2012 09:20 AM PDT

lancerotated.jpg The fall out continues!

Lance Armstrong has been fired from Nike, with the company believing the athlete "misled" them regarding the doping allegations.

"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.

In addition, Armstrong has announced he will be stepping down as chairman of the Livestrong charity. "To spare the foundation any negative effects as a result of controversy surrounding my cycling career, I will conclude my chairmanship," the cyclist stated.

No endorsements, no charity, no cycling for life!

Just last week, the U.S Anti-Doping Agency released a detailed report regarding Armstrong's participation in "the most sophisticated, professionalized and successful doping program that sports has ever seen."

Shame on you Lance!



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