Found October 17, 2012 on Sports-Glory:
PLAYERS: Lance Armstrong

Lance Armstrong has decided to step down as chairman of his Livestrong cancer-fighting charity in order for the organization to focus on its mission instead of his problems.
"This organization, its mission and its supporters are incredibly dear to my heart," Armstrong said in a statement via the LA Times. "Today therefore, to spare the foundation any negative effects as a result of controversy surrounding my cycling career, I will conclude my chairmanship.
"As my cancer treatment was drawing to an end, I created a foundation to serve people affected by cancer. It has been a great privilege to help grow it from a dream into an organization that today has served 2.5 million people and helped spur a cultural shift in how the world views cancer survivors.
"My family and I have devoted our lives to the work of the foundation and that will not change. We plan to continue our service to the foundation and the cancer community. We will remain active advocates for cancer survivors and engaged supporters of the fight against cancer," Armstrong said.
The decision came after Nike terminated its endorsement deal Wednesday.
"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," Nike said in a statement. "Nike does not condone the use of illegal performance enhancing drugs in any manner."

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