Register NOW for 2018 Fondo Cycling Circuit Series in the USA
Welcome to Gran Fondo USA >> Doping damages could start at 32 million dollars for Armstrong

Doping damages could start at 32 million dollars for Armstrong

A district of Columbia court has denied Armstrong's legal team the motion to negate any damages for the estimated advertising and marketing revenue generated. It also confirmed that the damages be set at $32 million dollars, the amount which the US Postal service paid during that period

Armstrong's team argued that the US Postal Cycling Team created tens of millions of dollars of advertising and marketing revenue for the US Postal serice as it won races including Armstrong's Tour de France wins. However the prosecution countered that with an estimated 1.5 billion counter negative media updates linking Armstrong and doping to the US Postal Sevice.

The court upheld the prosecutions argument of the estimated positive versus negative advertising and marketing before and after Armstrong won 7 editions of the Tour de France, was stripped of those titles and banned from competing.

A jury could decide Armstrong and Tailwind Sports should pay damages as much as three times that amount, up to $96 million dollars under the false claims act.

The court refrained from providing a summary judgement and the case will now proceed to trial.

Lance Armstrong says that if the court rules against him, he could be “out on the street”

Speaking in his own podcast last fall about the pending federal whistleblower lawsuit against him, Lance Armstrong says that if the court rules against him, he could be “out on the street.”

“We are down to one case, me versus the United States of America, Floyd Landis – it’s a heavy case. If it goes the wrong way for us, then we are on the street. So it’s pretty heavy. Let’s hope it doesn’t go the wrong way.”

Armstrong has already paid out lawsuits against him, including with The Sunday Times (£1 million pounds) and SCA Promotions ($10 million dollars). He said that he lost ($75 million dollars) in sponsorship income. He has already sold his home in Austin, Texas and is currently living in Aspen.

Last year his Apsen home's title was claimed as capital if he fails to meet any outstanding payments to SCA Promotions.

The judge has now ruled that the case will go to the trial phase.

The government argues that Armstrong and the management company, Tailwind Sports that ran the US Postal Team, defrauded the government by taking performance enhancing drugs.

Floyd Landis is the whistleblower in the suit and stands to claim 15-20 percent of any judgment against Armstrong, which could be a least $6 million dollars that Floyd would receive if Armstrong and Tailwind sports are proven fradulent.

Doping damages start at 32 million dollars for Armstrong

 
Tag: armstrong
 
Apr 19 2018 - NEWS: Lance Armstrong settles $100M lawsuit for $5M with US government
Mar 27 2018 - NEWS: Lance Armstrong pulls out of Tour of Flanders Appearance
Feb 14 2018 - NEWS: Armstrong, Hincapie and crew to ride Old Pueblo this Weekend
Dec 21 2017 - NEWS: Lance Armstrong: Froome's Reputation is Damaged
Nov 29 2017 - NEWS: Lance Armstrong allowed to use "everyone was doping" in lawsuit defence
Aug 20 2017 - NEWS: Lance Armstrong Beer Advert Scrapped
Aug 05 2017 - NEWS: Lance Armstrong brings ‘Stages’ podcast to Colorado Classic
Jun 28 2017 - NEWS: Armstrong Blasts Tour de France for Ullrich Snub
Jun 20 2017 - NEWS: New Tour de Pharmacy Trailer Released
Jun 20 2017 - NEWS: Armstrong tries to exclude Andreu and Lemond from Lawsuit
May 20 2017 - NEWS: Tour de Pharmacy Mocks Cycling's Drug Culture
May 13 2017 - NEWS: Lance Armstrong Isn't Dead
May 08 2017 - NEWS: Former Pro Cyclist Roberto Heras to receive $800,000 in damages
Apr 04 2017 - NEWS: Jail for Lance Armstrong´s Doping Doctor
Feb 28 2017 - NEWS: Armstrong lawsuit goes to trial in November
 
Tag: wada
 
Apr 22 2018 - NEWS: Chris Froome’s salbutamol case could be decided before the Tour de France
Apr 19 2018 - NEWS: Lance Armstrong settles $100M lawsuit for $5M with US government
Mar 30 2018 - NEWS: UCI rejects Froome's defense and sends Sabutamol case to Anti-Doping Court
Mar 27 2018 - NEWS: Lance Armstrong pulls out of Tour of Flanders Appearance
Mar 22 2018 - NEWS: Tour de France could deny Froome entry if salbutamol case unresolved
Mar 21 2018 - NEWS: X-ray trucks to be used at top races to detect doping motors
Feb 25 2018 - NEWS: Author Of ‘The Doper Next Door’ Dies Changing A Flat Tyre After Car Crashes Into Him
Feb 07 2018 - NEWS: Cyrille Guimard blasts Froome and Team Sky for riding Ruta del Sol
Feb 05 2018 - NEWS: Chris Froome to start his 2018 debut at the Ruta del Sol
Feb 01 2018 - NEWS: Will Chris Froome get to the Giro d'Italia start line with Team Sky?
Jan 30 2018 - NEWS: Two American Amateur Masters Cyclists Banned by USADA
Jan 31 2018 - NEWS: Chris Froome denies rumours he wants to negotiate short ban
Jan 20 2018 - NEWS: Team Sky refuse to suspend Chris Froome
Jan 08 2018 - NEWS: Team Sky Practice Marginal Traffic Gains
Jan 05 2018 - NEWS: Dick Pound: A third of Team Sky's riders are Asthmatic