Archive for August 31st, 2012

August 31, 2012

Should Lance Armstrong Resign from LIVESTRONG?

The world of professional sports was rocked by yet another scandal. The scandal could also have a significant impact on one well-known nonprofit organization.

While simmering for years, the story involving Lance Armstrong reached a full boil recently when the seven-time Tour de France winner and cycling legend gave up his fight against the doping charges levied by the United States Anti-Doping Agency. That move cleared the way for USADA to strip Armstrong of his titles and ban him from any sports competition following the World Anti-Doping Code.

While Armstrong has decided not to fight the charges, both the International Cycling Union and the World Anti-Doping Agency have the right to appeal USADA’s ruling and are expected to do so. This means the story is likely far from over.

Lance Armstrong, TDU 2010

In addition to being a (former) champion cyclist, Armstrong is also the Founder of The Lance Armstrong Foundation which is also known as LIVESTRONG ( Armstrong serves as Chairman of The Lance Armstrong Foundation. The Foundation has a partnership with which is licensed by the Foundation.

For its part, The Lance Armstrong Foundation issued a strong statement of support for Armstrong. And, at least early on, the public also seems to be expressing its support for Armstrong. USA Today reported that by 3:30 PM of the day of the USADA announcement, the Foundation received about $80,000 from online donors, dramatically greater than its $3,000 daily average.

read more »

%d bloggers like this: