Lance Armstrong settles $100M lawsuit with US government

National / World
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AUCKLAND, NEW ZEALAND – DECEMBER 20: Lance Armstrong (C) chats to cyclists on December 20, 2016 in Auckland, New Zealand. The disgraced Tour de France rider is in New Zealand to film a commercial, and put out a call on social media for local riders to join him on a ride along the Auckland Waterfront. […]

Lance Armstrong has reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France victories after admitting he used performance-enhancing drugs throughout much of his career.
    
The deal announced Thursday came as the two sides prepared for a trial that was scheduled to start May 7 in Washington. Armstrong’s former U.S. Postal Service teammate Floyd Landis filed the original lawsuit in 2010 and is eligible for up to 25 percent of the settlement.
    
Seeking millions spent sponsoring Armstrong’s powerhouse teams, the government joined the lawsuit against Armstrong in 2013 after his televised confession to using steroids and other drugs and methods. Armstrong had already retired, but the confession shattered the legacy of one of the most popular sports figures in the world.
 

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