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LA's Financial Interests

Jul 11, 2010
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This isn't a debate thread. Just a list of what the guy's plugged into. My hope is that it will be pinned up and locked once the list is complete so that folks can make up their own minds and spend accordingly.

LA gets dough from (in no particular order):

Livestrong (http://www.livestrong.com) [the commercial side]
Livestrong (http://www.livestrong.org) [the Cancer side]

Trek (http://www.trekbikes.com)
http://www.trekbikes.com/us/en/story/madone
and sub-brands such as:
Gary Fisher

Giro Helmets (http://www.giro.com/)
Giro is owned by Bell helmets (http://www.bellbikehelmets.com/)
http://livestrong.giro.com appears to be defunct. Maybe Bell has had a change of heart...?

SRAM (http://www.sram.com)
SRAM Components
Zipp Speed Weaponry Wheels

Nike (http://www.nike.com)
Oakley (http://www.oakley.com)
Radio Shack (http://www.radioshack.com)
Anheuser Busch (http://www.anheuser-busch.com/beerverified.html)
A-B has a depressingly large # of brands that prob. include something you drink at some time. Even Kirin is A-B....

Honey Stinger (http://www.honeystinger.com)
FRS(?) Energy goop (http://www.frs.com)

Nissan
(http://www.nissanusa.com/leaf-elect...ric-car/video/view/lance_armstrong_talks_leaf)

Echelon Gran Fondo (http://www.echelongranfondo.org/) [in the form of donations to Livestrong]

Austin Marathon (http://www.youraustinmarathon.com/sponsors)

Eagle Golf
http://www.eaglegolf.com/eaglsites/courses/layout9.asp?id=155&page=6608
http://www.prnewswire.com/news-rele...ises-over-100000-for-livestrong-97894529.html

Facebook (http://www.facebook.com)

Mellow Johnnies (http://www.mellowjohnnys.com)
Juan Pelota Cafe (http://www.mellowjohnnys.com/juan-pelota-cafe/)

Demand Media (http://www.demandmedia.com)
http://paidcontent.org/article/419-...-in-demand-media-launching-wellness-site-tog/
Livestrong.com
eHow.com
Trails.com
GolfLink.com
Mania.com
Cracked.com

Bristol-Meyers Squibb
http://www.bms.com/products/Pages/home.aspx
Bristol-Myers Squibb - Investors - News Release
Lance Armstrong Rides Again | Culture | Vanity Fair

AUL Retirement Services, American Century Investments® partner to offer LIVESTRONG® Portfolios
http://www.oneamerica.com/wps/wcm/co...ong+portfolios
https://www.americancentury.com/fund...s.jsp?fund=956
LIVESTRONG Income Portfolio. Fund Fact Sheet as of 6.30.2010 ...
LIVESTRONG is a trademark of the Lance Armstrong Foundation. ...
https://iua.americancentury.com/iua/...olio_multi.pdf

Hotel Le Toiny
http://www.letoiny.com/
One Bedroom Villa Suite
EUR 710.00
One bedroom Villa Suite- 785 sqf- king - ocean view-private pool-terrace

24 Hour Fitness (http://www.24hourfitness.com/health_clubs/signature.../armstrong)

CSE (http://www.planetcse.com/event.asp)
Austin City Limits
Discovery Channel Cycling Team
FRS
Mellow Johnny's
Le Toiny
Lollapalooza
Tour of Hope

Past Associates
--------------------------------------------
USPS (http://www.usps.com)
YAHOO (http://www.yahoo.com)
BERRY FLOOR (http://www.berryfloor.be)
Find it at Lumber Liquidators!
Subaru (http://www.subaru.com)
AMD processors (http://www.amd.com)
Flexjet (http://www.flexjet.com)
http://promomagazine.com/news/flexjet_armstrong_promo_033006/

Associates needing additional documentation:
--------------------------------------------------------------
Colombia (export commodities, cocoa leaves)

Tom Danielson coffee, Mt Washington brew

Ugandan Diamond / Gold Mine

Hein Verbruggen investments in Caribbean realestate development.
 
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Anonymous

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Nike - percentage sales of profits from livestrong gear once sales hit a certain amount.
 
Nov 17, 2009
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What do you mean by "the cancer side" of Livestrong?

Is he actually paid by the charity? I know he gets cuts from certain gear sold by others (like Nike) that have the Livestrong logo, but I'd never heard he was actually paid by the charity in any way.
 
Aug 13, 2009
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kurtinsc said:
What do you mean by "the cancer side" of Livestrong?

Is he actually paid by the charity? I know he gets cuts from certain gear sold by others (like Nike) that have the Livestrong logo, but I'd never heard he was actually paid by the charity in any way.

The charity spent $2,000,000 on his jet fuel last year
 
Nov 17, 2009
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Livestrong (the charity) also has commercial connections with the Austin Marathon, Radioshack (though I imagine lance has a more direct interest there), Eagle Golf, and Facebook.

Also... Mellow Johnnies would need to be on the list.

Lance apparently also has some sort of ownership stake in Demand Media, who in addition to the Livestrong.com site, also owns eHow, Trails.com, GolfLink.com, Mania.com, and Cracked.com.
 
Jul 2, 2009
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gold mine, south africa - paul sherwen, phil liggett - partners
USPS CYCLING TEAM :D
YAHOO
BERRY FLOOR ?


ABK, eventually you have to add these to the list and start reposting it down the thread,as it grows


that is how blackcat and i did the people/connection list.

just a thought
 
Nov 17, 2009
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Race Radio said:
The charity spent $2,000,000 on his jet fuel last year

Really?

Seems a bit unrealistic as their entire assets are about 50 million dollars. Their administration expenses (which I would assume that would be filed under in their financial documentation) was only 2.5 million.

2 million dollars would buy over 950,000 gallons of jet fuel.

I don't know about his private jet, but a fully loaded 747 takes 10 gallons to go 1 mile. So if he took a fully loaded 747 everywhere rather then a smaller more efficient plane, that would mean he flew 95,000 miles in the air... roughly 19 trips between Austin Texas and Paris France.

Maybe. I fail to see how a charity could do that without it showing up quite blatantly on their financials though.
 
Aug 13, 2009
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kurtinsc said:
Really?

Seems a bit unrealistic as their entire assets are about 50 million dollars. Their administration expenses (which I would assume that would be filed under in their financial documentation) was only 2.5 million.

2 million dollars would buy over 950,000 gallons of jet fuel.

I don't know about his private jet, but a fully loaded 747 takes 10 gallons to go 1 mile. So if he took a fully loaded 747 everywhere rather then a smaller more efficient plane, that would mean he flew 95,000 miles in the air... roughly 19 trips between Austin Texas and Paris France.

Maybe. I fail to see how a charity could do that without it showing up quite blatantly on their financials though.

Sorry, I should have said jet charter. Livestrong pays to fly Armstrong around in his own jet. $5,000 per hour of which about $1,500 is fuel.

In the combined audit report of the livestrong family of charities the 2009 travel expenses total almost $2 million ($1,922,995). For comparison, the National Cancer Coalition, with 5 times as much money raised only claimed $108,559 in travel expenses

$5,000 per hour of pure awareness

2mwblec.jpg
 
Jul 2, 2009
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Jul 11, 2010
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kurtinsc said:
What do you mean by "the cancer side" of Livestrong?

Is he actually paid by the charity? I know he gets cuts from certain gear sold by others (like Nike) that have the Livestrong logo, but I'd never heard he was actually paid by the charity in any way.

Exactly what RR stated. The charity side funds the commercial side of LA the trademarked entity.
 

Polish

BANNED
Mar 11, 2009
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Lance has also made a small fortune as a Bike Shop Owner.

The Private Jet and Mobile Coffee ShopMobile are marked with Mellow Johnny's insignia.

Need to sell a lot of tubes...
 
Mar 19, 2009
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Race Radio said:
Demand media. $1,000,000 a year plus over 1 million warrants at a $6 strike price for the use of the Charities brand name.

He also is part owner of this place
http://www.letoiny.com/

Who are the other owners? Some guy named Hein.......
Ha, of course. Thanks for the info on the hotel.

I was under the impression that Demand Media was profitable but theWSJ says otherwise.. It also seems like the bulk of their business is based on search engine optimization techniques that aren't guaranteed to work in the future.

Does he have a stake in CSE?

I still think a huge reason he came back to cycling was for the money. Not just for the appearance fees but because his status as a product endorser had gone downhill. He's got a very fancy lifestyle he has to pay for.
 
Mar 13, 2009
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Hein Verbruggen investments in Caribbean realestate development.
24 Hour Fitness
SRAM (own Zipp too I think)
Trek (Bontrager, Fisher)

couple of bars in Austin with his mates

previous (if u want to boycott)
Subaru
AMD processors

heck, he gives so much of his own time and endorsement, Yellow Rose.

Colombia (export commodities, cocoa leaves)

Tom Danielson coffee, Mt Washington brew
 
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Anonymous

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Race Radio said:
Demand media. $1,000,000 a year plus over 1 million warrants at a $6 strike price for the use of the Charities brand name.

He also is part owner of this place
http://www.letoiny.com/

Who are the other owners? Some guy named Hein.......

I was going to say

Don't forget the hotel ........ with his partner Hein Verbruggen.


And to correct the earlier post - the gold and diamond mine is not in South Africa, it's in Uganda.
 
Mar 13, 2009
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-myra- said:
I was going to say

Don't forget the hotel ........ with his partner Hein Verbruggen.


And to correct the earlier post - the gold and diamond mine is not in South Africa, it's in Uganda.



Congo, conflict diamonds.