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AUSTIN, Texas - The Livestrong cancer charity is reporting a sharp drop in donations and revenue after founder Lance Armstrong admitted taking performance-enhancing drugs during most of his record-setting cycling career. In federal forms released this week, Livestrong noted its 2013 donations dipped 34 per cent, from nearly $23 million to $15 million after Armstrongs televised admission to Oprah Winfrey in January 2013. Total revenue also took a 38 per cent dive after commercial sponsorships were cancelled or not renewed. Without specifically referring to Armstrong, Livestrong blamed the financial downturn on fallout from "revelations and disclosures" made in January 2013. Armstrong, a cancer survivor, started the charity as the Lance Armstrong Foundation in 1997. He was removed from its board of directors in late 2012, around the same time the foundation changed its name. A Livestrong spokeswoman did not immediately return a telephone message seeking comment. Livestrong President Doug Ulman thanked supporters in a letter titled "Never Give Up" and posted online Wednesday. "Because of your support, you helped us weather a tough period and move to the next phase of our evolution," Ulman wrote. Despite the downturn, Livestrong last month agreed to give $50 million over 10 years to the University of Texas new medical school for a program emphasizing "patient-centred" cancer care. Livestrongs donations have fallen 63 per cent from $41 million in 2009, the year Armstrong came out of retirement and finished third in the Tour de France. He won the race seven times, only to have those titles later stripped away after his doping admission. Daniel Borochoff, founder of CharityWatch, which analyzes the work of approximately 600 charities, said the sharp decline last year was expected. "It is a big hit," Borochoff said. "Not to say they wont be able to recover as time goes by. Its fresh in peoples mind." Livestrong was particularly vulnerable to the scandal surrounding its founder because the popularity of both was so deeply connected. Armstrongs doping revelations led big corporate sponsors and partners such as Nike and Dicks Sporting Goods to flee by either cancelling contracts or not renewing them. For corporations, the taint of doping was too strong to stay, and individual donors were angry, Borochoff said. "People go through a mourning process when they hear of the scandal. They were a big supporter, he was a big hero and they were fans. Then youre embarrassed and ashamed. Its a lot of emotions," Borochoff said. "Later, your rational facilities take over and realize the organization serves a worthy purpose, that it is not a man and can bring in new leadership." Cheap Nike MLB Jerseys . - For years William Gay kept quiet. 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Perez, 35, posted a 1-2 record with a 3.69 earned-run average in 19 relief appearances last season. His season ended Aug. 9 due to a torn ligament in his left elbow. Perez joins infielder Andy LaRoche and catcher Mike Nickeas with minor-league agreements for 2014 that include invitations to attend spring training.The Cleveland Cavaliers may have changed their stance on Andrew Wiggins. According to a report from the News-Herald in Ohio, the Cavaliers are now willing to use the Canadian first overall pick as trade bait to acquire power-forward Kevin Love from the Minnesota Timberwolves. Cleveland was reportedly not interested in discussing any deals regarding Wiggins, but with LeBron James now in the fold, the perception might be to put the best possible team together now instead of waiting for raw players like Wiggins to develop. Sources also say that James reached out to Love and informed him of his desire to play with the three-time All-Star in Cleveland. Adding Love would likely make the Cavs the favourites in the NBAs Eastern Conference next year and an instant title contender. However, Cavaliers coach Daviid Blatt said all the talk regarding Wiggins are "just rumours" and sees no reason to discuss the subject because "it doesnt mean anything.dddddddddddd" "Rumours are rumours. Thats why they call them rumours," Blatt said. "Sooner or later in ones career, youre going to have to deal with it. If he has to deal with it now, then so be it. Its summer league. Hes learning everything as he goes along." Love, 25, averaged 26.1 points, 12.5 rebounds and 4.4 assists over 77 games played with Minnesota in 2013-14, his sixth year in the NBA. James signed a two-year, $42.1 million contract last week to return to Cleveland. Wiggins is currently in Las Vegas playing in the NBAs summer league. He scored 21 points in a game against the Houston Rockets on Thursday night. ' ' '