Nike Finally Dumps Lance Armstrong Over Doping Claims In Move Th - Spokane, North Idaho News & Weather KHQ.com

Nike Finally Dumps Lance Armstrong Over Doping Claims In Move That Could Cost Him $50 Million Over Next Five Years

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NEW YORK (AP) - Nike is severing ties with famed cyclist Lance Armstrong, citing insurmountable evidence that he participated in doping and misled the company for more than a decade.
    
The clothing and footwear company said Wednesday that it was ending Armstrong's contract "with great sadness."
    
Nike Inc. said it will continue to support the initiatives of Livestrong, a cancer non-profit organization.

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