IAAF president steps down from position with Nike

ASSOCIATED PRESS: Sebastian Coe resigns from $150,000 a year adviser role with Nike.

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ASSOCIATED PRESS: Sebastian Coe resigns from $150,000 a year adviser role with Nike.

But that link has become a millstone around Coe’s neck since he was elected president of the International Association of Athletics Federations in August, because it left the former Olympic champion open to critics’ accusations that he might put the interests of the sportswear giant before those of his sport.

Coe said Thursday that he still believes it is possible to be both a Nike ambassador and lead the IAAF without it being a conflict of interest. But he said he was giving up the Nike position because discussion about that role is distracting from his No. 1 mission: saving track and field from a crisis of confidence sparked by revelations of widespread doping in Russia, and alleged corruption at the very top of the IAAF under Coe’s predecessor, Lamine Diack.

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