Keep up with
Newstalk ZB

Thu, 20 Jun 2013, 02:13

Have Your Say

Talkback 0800 80 10 80
Overseas +64 9 307 1080
Text 9292

Follow Us

  • Facebook
  • Twitter
  • YouTube
  • RSS
  • Sign Up

Site Search

Search Search

Select your region:

Many lining up for compensation from Armstrong

Share |

Many lining up for compensation from Armstrong

| Other Sport News | Tuesday October 23 2012 13:00

There's no shortage of parties lining up for compensation from Lance Armstrong.

The UCI have accepted the US Anti-Doping Agency's report, and followed through on recommendations Armstrong be banned for life and stripped of his seven Tour de France titles.

Dallas insurance company SCA Promotions is demanding the return of millions of dollars in bonuses paid to Armstrong.

ESPN commentator David Munson says his US Postal Services team are likely to want some of their investment back, and they're not the only ones.

"The Tour de France is saying that it wants the prize money back. There may be a sponsor or two who will say 'we wish to have a refund of the money we invested in Armstrong'."

Mr Munson says the UCI have also been tainted in the report, which reveals Armstrong paid them $100,000 to cover up a positive test a decade ago.

He says there's an argument it's not worth companies being associated with the drug scandal at all.

"He remains a hero among cancer survivors and it might be that you would conclude he's had enough; the amount of money is large but it's not worth pursuing."

Mr Munson says a lawsuit could be somewhat embarrassing for organisations.

Photo: Getty Images

 

Related Subjects

 

Other Sport News

Advertisement
Kili'ing it bro
Advertisement
  • Police search for person after car crash

  • Otago farmer braces for the weather

  • Two more arrests after brawl

  • Kiwi man dies after freezing night

  • Simple things make NZ women happy

  • Snow looking unlikely for Christchurch

  • NZ Post deems Welly mailbox a 'hazard'

  • Dalziel says she'd be an inclusive mayor

  • Russel Norman: Stop the money ...

  • Mark Sheehan: Internal assessm ...

  • Lianne Dalziel: Christchurch m ...

  • Tim Martin: Sky TV outbid for ...

  • Wednesday-Flying Over the Basi ...

  • Tuesday-What a Shame About Med ...

  • Monday-ABs Hard to Fault

  • Friday-Consent Discontent

Peter Dunne

Should Peter Dunne resign as an MP?

Vote Now

View Results