Lance Armstrong must pay SCA Promotions $10million directly after arbitrators found him guilty of "perjury, fraud and conspiracy"

Lance Armstrong has been ordered to pay out $10million (£6.5million) in damages after losing his long-running case against SCA Promotions after an arbitration panel found in the company’s favour.

Armstrong originally won a case against SCA Promotions in 2006, which was forced to pay the Texan former professional rider $7.5million in bonuses for winning seven editions of the Tour de France, 1999-2005. SCA had refused the payment due to a question mark over Armstrong’s then alleged use of banned performance-enhancing substances.

During that court case, Armstrong swore under oath that he had never taken performance-enhancing substances to aid winning the Tour.

Armstrong has since admitted to doping during all seven of his Tour de France victories and was subsequently stripped of the wins and handed a lifetime ban. His admission was proof that he lied to gain the money from Dallas-based company.

A statement from SCA Promotions issued on Monday (February 16) confirmed that Armstrong and Tailwind Sports Corporation must pay the company $10million directly. According to the statement, the arbitrators said Armstrong had performed “an unparalleled pageant of international perjury, fraud and conspiracy”.

“It is hard to describe how much harm Lance Armstrong’s web of lies caused SCA but this is a good first start towards repairing that damage,” said Bob Hamman, SCA Promotions president.

Armstrong still faces an even bigger lawsuit – a US Federal whistleblower case that could see him fined up to $100million if found guilty.

  • Steph Durant

    But American (and maybe other) criminal law does not take perjury seriously enough. Not if there are statutory time limitations to bring a charge.

    That’s asinine. (Can I say ‘asinine’ on a comment board?)

  • TG

    Well, as long as Floyd Landis gets some money out of the whistleblower case. It’s only fair that another convicted doper is paid for all of the money he would have won if he hadn’t been caught!! It’s all unbelievable really.
    Take his money, but don’t give any to Mr Landis.

  • cahern1968

    So long as Lance still has all the money from his wins, wins that he could never achieve without doping, he has not been fully punished, he has lost nothing. All the court room drama involving Lance will stand to the betterment of cycling and all sport. As I have said many times before dopers dope to win races and make more money, pure and simple. If they get caught they get a ban for a year or two, nothing harsh really. They get to keep the money they have earned from cheating, so cheating really does pay. Until there is a financial disincentive for doping it will continue. To put the current doping punishment in an easy to understand form it is like robbing a bank, getting caught, going to jail, but being allowed to keep all the stolen money.

  • cahern1968

    Lance has been doing his utmost to protect his money, it’s all that really matters to him, and we can be pretty sure that he is not amused. You are correct about the perjury aspect and american courts do not take perjury lightly, which could come back to bite him.

    People can say all they want about Lance, he really doesn’t care, But now they are taking his money and he will fight that tooth and nail. It will be interesting to see how the whistle-blower case progresses, the $100,000,000 possible fine will probably clean out his accounts. What are the chances of him relocating his money so that the Federal Courts can’t get at it?

  • elan

    Well I for one don’t want other ex dopers to benefit from this,i hope Lance has paid his last fine.All this is doing is bringing cycling further into the gutter.

  • Vitaly Gashpar

    I wonder how much of this Thom Weisel will have to eat on behalf of Tailwind.

  • Steph Durant

    “The payout is believed to be the largest award of sanctions assessed against an individual in American judicial history.”

    And Lance, continuing to make history …. just not in a great way.

    (Note: he’s lucky he isn’t going to jail to serve time on his perjury.)

    OK, now. Next !! On to the Federal $100MM case.