Lance Armstrong Dropped by Nike

The company terminated the 41-year-old cyclist's contract amid doping scandal.
3:00 | 10/17/12

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Transcript for Lance Armstrong Dropped by Nike
Lance Armstrong's biggest supporter is dropping him. Nike has severed ties with seven time tour to France champ saying it is ending his contract quote with great sadness. The news comes on the heels of Armstrong announcing he is stepping down as chairman of his live strong cancer fighting charity. So the group can focus on its mission rather -- its founders problem. It's been barely a week since the US Anti Doping Agency revealed a massive report.

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