Lance Armstrong really doesn’t want to pay Dallas sports promoter that $10 million award
In October two members of a three-man arbitration panel ruled that Oak Cliff-born, Plano-raised Lance Armstrong must repay a Dallas-based sports promotions company $10 million in prize money he received for having won the Tour de France in 2002, 2003 and 2004. And the cyclist, who’s already spent two years contesting the claim, is refusing to pay up.
According to court documents filed in Dallas county this week, Armstrong and Tailwind Sports, which owned the U.S. Postal Service team for which Armstrong raced, are asking a judge to vacate the award, insisting it “effectively eviscerated a fully negotiated and binding settlement agreement” reached between Armstrong and SCA Promotions in 2006. The arbitration panel disagrees. Long story short, they said: “Perjury must never be profitable.”
We could once again recap at great length how we got here, but by now anyone keeping up with this tale is quite familiar with the sordid story. Here’s the short version.
After he won the Tour de France in 2002 and ’03, SCA cut Armstrong multi-million-dollar checks. And it was all set to do the same thing in 2004, after he won the Tour. Only, that’s when it became pretty clear that Armstrong wasn’t racing clean. So SCA retained Dallas attorney Jeff Tillotson to depose Armstrong and his teammates to get to the bottom of the rumors. Armstrong denied, denied, denied the whole thing in a 2005 deposition taken in Dallas that’s been used in every documentary about Armstrong since. Here’s the whole thing:
Read more: http://thescoopblog.dallasnews.com/2015/05/lance-armstrong-really-doesnt-want-to-pay-dallas-sports-promoter-that-10-million-award.html/
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