Firstly - Lance is a professional sports personality - his is entitled to make money from his name. I have no problem with him making an income through appearance fees at races, as that has been happening for decades and it is a legitimate source of income made by all the top riders.
Quite simply - to the victor* the spoils.
*(For the sake of this theory I will assume he won everything on bread and water)
scribe said:
....All I want to know is there evidence Armstrong uses his Livestrong brand to personally enrich himself in ways that don't relate to reasonable reimbursement for expenses related to administration of the charity. I say that with the caveat that I do not agree with other persons in this thread who suggest the guy ought to get paid. I believe him being paid anything undermines the credibility of the charity.
This [url="http://sports.espn.go.com/oly/tdf2009/columns/story?columnist=ford_bonnie_d&id=4304698']interview[/url]with ESPN before the Tour.
Q: There is a school of thought that you're lining your pockets by putting exclusive content on Livestrong.com as opposed to Livestrong.org. What is your answer to that?
A: I haven't made a dime off Livestrong.com. Obviously the .org is the foundation, .com is a subsidiary of Demand Media. Both the foundation and myself have equity in Demand. But I think that the promotion of the .org kinds of things, the charity side of things on .com makes it the reason we do it. To me, .com is really about prevention and .org is about treatment and care and survivorship. I think if we paid closer attention to the .com side of things, ultimately a lot of people wouldn't need the .org side.
I do find it disingenuous though having the LAF and .com so closely linked. A poster earlier said that anyone not realising the difference between a .com & a .org is a moron - well in that case I am one and probably one of many, as I only learned of the difference on this site.
I do believe LA is genuine in his fight on cancer - but the close link between the two sites and the fact that he has equity in Demand Media rightly calls into question the need for better transparency.