Sponsor ditches Lance Armstrong — Transcript

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1. 0:00there really doesn't seem to be any end
2. 0:01in sight to Lance Armstrong's stroubles
3. 0:04sporting giant Nike has terminated its
4. 0:06sponsorship deal with him while the
5. 0:08Fallen Hero has also stepped down as
6. 0:09chairman of his own Cancer
7. 0:19Foundation a man who bought from gra St
8. 0:22the entire
9. 0:24world after the US anti-doping agency
10. 0:27claimed that L Armstrong was at the
11. 0:28center of one of the most
12. 0:30professionally run doping schemes in
13. 0:33cycling The Fallout from us Ada's report
14. 0:36forcing sportsway giant Nike to pull the
15. 0:39plug on its contract with the
16. 0:42cyclist in a strongly worded statement
17. 0:45Nike accusing Armstrong of misleading
18. 0:47them for more than a decade condemning
19. 0:50the use of performance-enhancing drugs
20. 0:52but said they will continue to support
21. 0:54the band cyclist Cancer
22. 0:57Foundation I think the Tipping Point for
23. 0:59Nike in my opinion was that they said
24. 1:01you know what there's just too much
25. 1:03information now we have very very
26. 1:06ethical and uh trusting people coming
27. 1:10forward assistants that worked on the
28. 1:12team saying you know what I was a drug
29. 1:14Runner across borders we can't be
30. 1:16associated with things like
31. 1:18that as the doping Scandal swirling
32. 1:20around the 41-year-old escalated
33. 1:22Armstrong in a shocking move announced
34. 1:24that he would be stepping down as
35. 1:26chairman of his Cancer Foundation Liv
36. 1:28strong Armstrong attempting to mitigate
37. 1:30the damage of his dope taint on the
38. 1:32foundation he founded in
39. 1:371997 while Nike stood firmly by Tiger
40. 1:40Woods after his misadventure came to
41. 1:41light in 2009 no such favors have been
42. 1:44accorded to the band
43. 1:46cyclist Lance just realized that we
44. 1:49don't know what the future holds but
45. 1:51it's better to step aside and and and
46. 1:53make sure that uh that uh this work
47. 1:55continues in a big way the ground
48. 1:57beneath Armstrong's feet quickly
49. 1:59slipping away and his problems only
50. 2:01growing with each passing
51. 2:04day Sports Bureau times
52. 2:07now