In the case of SCA I think this judgment is fair as it was basically a seven million dollar net loss insurance payout to Armstrong. When you factor in the legal expenses associated with the ensuing lawsuit I’m surprised it’s not a bit more. I think they were looking for 12 mil.
I know that he’s already lost a few other minor ones: Acceptance Insurance being about 3 million and whatever the settlement amount was with the Sunday Times. The larger one still lingering out there is the Federal whistle blowers suit. That one is probably going to cost dear and who knows who else is going to come out of the woodwork. Frankly, I’m surprised that that perennial whiner Lemond has not figured out some way to try and weasel some cash out of Lance as a result of this.
I agree that the stripping of Lances wins is over the top and I think has had a negative effect on pro cycling. Heck, Pantani is pretty much deified in Europe and I don’t know of anyone who believes that guy was riding clean. I wish they had just done what every other sport does and put an asterisk next to his wins.
Thanks for the ping.
Lance Armstrong WAS cycling in the U.S. just as was Greg LeMond..........Without these U.S. based winners, the TDF is just a race that Europeans are interested in and maybe 1% of the U.S. population..........
Armstrong and LeMond were the greatest thing for U.S. cycling as was Tiger Woods for the PGA........
Speaking for myself only, I only watched the TDF on ESPN when Lance was competing just as I was a follower of the PGA when Woods was in contention on Sundays......And I don't think I'm alone.
Pantani tested positive more than once and I think he admitted it finally before he died. I forgot about Jan Ulrich who admitted it and is still listed as a Tour winner.