The nine-year relationship between Nike and Livestrong helped raise more than $100 million and turned the foundation's yellow wristband into an iconic symbol for cancer survivors, The Los Angeles Times reported.
A statement by officials of Livestrong, headquartered in Austin, Texas, expressed gratitude to Nike, saying, "Together we created new, revolutionary ways of thinking about how non-profits fuel their mission, and we're proud of that."
Nike had already separated itself from Armstrong after the U.S. Anti-Doping Agency exposed his part in a cycling team doping program, the newspaper said.
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