ESPN President John Skipper resigns citing substance abuse issue

ESPN President John Skipper announced Monday he is resigning from the network due to a substance addiction problem.

"I have struggled for many years with a substance addiction. I have decided that the most important thing I can do right now is to take care of my problem," Skipper said in a statement.

Skipper said he and the company have "mutually agreed" it was appropriate for him to resign.

"I come to this public disclosure with embarrassment, trepidation and a feeling of having let others I care about down," Skipper's statement continued. "As I deal with this issue and what it means to me and my family, I ask for appropriate privacy and a little understanding."