By R. Brown on January 18, 2013

Nike Issues Statement on Lance Armstrong's Use of Performance Enhancing Drugs

As Lance Armstrong just admitted to using performance enhancing drugs in an interview with Oprah Winfrey, Nike reiterates its disassociation with disgraced cyclist.

Nike does not condone the use of illegal performance enhancing drugs in any manner. We love sport and believe in the integrity of competition.

We terminated our contract with Lance Armstrong in October 2012. We remain saddened after being misled for more than a decade.

Nike plans to continue support of the Livestrong initiatives created to unite, inspire and empower people affected by cancer.

Here is a look at the Nike commercial for Armstrong where he falsely claimed to be drug free.

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