Nike Terminates Contract with Lance Armstrong
Due to the seemingly insurmountable evidence That Lance Armstrong in doping and misled PARTICIPATED Nike for more than a decade, it is with great sadness That info we have terminated our contract With Him, the company said in a statement. Nike does not condone the use of illegal drugs Performance Enhancing in any Manner. Nike plans to continue support of the Livestrong Initiatives created to unite, inspire and empower people Affected by cancer. Nike's announcement came on the same day Armstrong stepped down as chairman of fighting his cancer foundation, Livestrong, the organization So THAT can focus on its mission instead of doping Allegations against its founder. Trek is disappointed by the findings and conclusions in the report USADA Regarding Lance Armstrong, the Waterloo, Wis., Company said in a statement. Given the Determinations of the report, Trek today is terminating our longterm Relationship with Lance Armstrong. Trek will continue to support the Livestrong Foundation and its Efforts to combat cancer. Anheuser Busch, Michelob Ultra brand Whose was Promoted by Armstrong, the cyclist Also left. marketing for Anheuser Busch, in a statement. We will continue to support the Livestrong Foundation and its cycling and running events. FRS Energy drink company said Wednesday That will no longer be Armstrong featured in advertising or marketing for air jordan 7 retro Their products. Also I have is an investor in the company but resigned from the board of directors, effective immediately. Some other Armstrong sponsors, including Oakley and Honey Stinger, thus far Have Not Cut Ties with the cyclist. Scott Van Pelt talks about Nike's decision to distance itself from Lance Armstrong and Armstrong Effectively how misled the public for so many years. More Podcasts end podcast> As Stated info we have in the past, Oakley does not approve in air jordan 12 sale any way the use of illegal substances for Enhancing performance in sports, Oakley said in a statement. Our policy is With our athletes to support them until proven guilty by the highest governing body of sport or court of law. EXTENSIVE We are reviewing the report from the USADA, as well as our Relationship with Lance, and will await final decision making by the International Cycling Union. It is Believed Armstrong is the second athlete Whose deal has-been terminated by Nike. The company terminated its Contract with quarterback Michael Vick in 2007 Following his plea agreement on dogfighting charges, but Nike re signed him in 2011. Endorsement contracts have morals clauses Typically allow companies to sever That Deals with Their cause. Together with Nike, the Livestrong Foundation raised more than $ 80 million through the sale of yellow Livestrong rubber wristbands since May 2004. Nike Also has a line of Livestrong branded products, including shoes and T shirts. There were nearly 100 items available for purchase Livestrong Nike's website on Wednesday morning.
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