Lance Armstrong Ordered To Pay $10 Million In Arbitration Ruling

Disgraced cyclist Lance Armstrong has been ordered to pay $10 million in damages to the sports insurance company that funded his bonuses for winning the Tour de France.

SCA Promotions paid Armstrong bonuses for winning the race in 2002 and 2003, but refused to pay in 2004 amid accusations of doping. Armstrong took them to court and won, saying in sworn testimony that he had never used performance-enhancing drugs.

“I race the bike straight up fair and square,” Armstrong testified, according to the Wall Street Journal.

Armstrong has been banned for life from any sport under the auspices of World Anti-Doping Agency code and stripped of his seven Tour de France titles.

The fallen athlete made headlines earlier this month when it came out that he allegedly hit two parked cars with his SUV in Aspen last December, then asked his girlfriend to take the blame.

The Huffington Post