Lance Armstrong Resigns From Livestrong
Last week a report accused Armstrong of orchestrating doping scandal
By Monica Riese, 10:47AM, Wed. Oct. 17, 2012
Lance Armstrong, Austinite and former professional cyclist, is stepping down from his leadership role at his Livestrong charity for cancer research.
This news comes just one week after the U.S. Anti-Doping Agency released its report that accused Armstrong of being central in a massive and systematic doping scandal, and a day after Nike ended its contract with Armstrong, citing the same controversy.
Armstrong has repeatedly denied any doping allegations but now says he's stepping down in order to "spare the foundation any negative effects as a result of controversy surrounding my cycling career." Find the full report here.
According to Livestrong President Doug Ulman, Armstrong and his family will continue to support Livestrong's mission:
"We are incredibly proud of his record as an advocate and philanthropist and are deeply grateful that Lance and his family will continue to be actively involved with the Foundation's advocacy and service work."
Stay tuned for updates in this story as it develops.