Lance Armstrong has seen some hard times lately, mostly after being caught for doping, where the athlete admitted to using supplements for the better part of his career. The former world champion has now had to shell out 6.6 million pounds ($10 million) in order to settle a case against the organizers of the Tour de France.
This money was originally given to the athlete by SCA Promotions Inc in recognition of his seven wins on the most popular cycling circuit in the world. The Dallas-based company officially filed a complaint against Armstrong after news of his doping scandal broke out a few years ago, asking him to return the money which he unlawfully won in the competition. Lance Armstrong has now officially agreed to return the money and settle the case. He made the following comment: “I’m pleased to have this matter behind me and I look forward to moving on.“
Returning his winnings is only a fraction of the fallout the renowned athlete is facing after his shameful secret broke out into the world. He has since been removed as the brand ambassador from many international names that includes the Livestrong Foundation and Nike.