SwissVan Posted February 17, 2015 Posted February 17, 2015 I cannot believe that no trolls have pounced on this, maybe its true that no one cares anymore.... TBH I think its a bit unfair Lance Armstrong must pay $10m (£6.51m) in damages after losing a lawsuit with insurance firm SCA Promotions Inc. http://www.bbc.com/sport/0/cycling/31495246 "Armstrong admitted to doping and was found to have lied in proceedings.SCA said: "The award, which must be paid directly to SCA, is believed to be the largest award of sanctions assessed against an individual in American judicial history."SCA initially refused to pay out money covering the bonus for Armstrong's sixth Tour de France win in 2004.Armstrong took the company to an arbitration hearing in Dallas in 2005 and won, because the contract between the parties stipulated the insurance money would be payable if Armstrong was the "official winner" of the Tour.He was awarded $2.5m (£1.6m) in damages and costs."SCA's dispute with Armstrong is not over," said the firm."It has a currently pending lawsuit in Dallas state district court where it is pursuing additional claims against Lance Armstrong and Bill Stapleton (Armstrong's agent)."In 2012, the United States Anti-Doping Agency issued Armstrong with a life ban and stripped all seven of his Tour de France titles.The Texan was accused of being part of the "most sophisticated, professionalised and successful doping programme" that sport had ever known.During a 2013 television interview with American talk-show host Oprah Winfrey, Armstrong confessed that he used banned performance-enhancing drugs throughout much of his cycling career.Last month, the Texan told the BBC , when asked if he would make the same choice to cheat that he made in 1995: "When I made the decision, when my team made that decision, when the whole peloton made that decision, it was a bad decision and an imperfect time."But it happened. And I know what happened because of that. I know what happened to the sport, I saw its growth."SCA Promotions president and founder Bob Hamman said: "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."Jeff Tillotson, SCA's promotions lawyer added: "This record-breaking award was justified given Armstrong's outrageous conduct."
scotty Posted February 17, 2015 Posted February 17, 2015 We should start a Hub collection thing to raise funds and help him out.
Gen Posted February 17, 2015 Posted February 17, 2015 I cannot believe that no trolls have pounced on this, maybe its true that no one cares anymore.... TBH I think its a bit unfair Lance Armstrong must pay $10m (£6.51m) in damages after losing a lawsuit with insurance firm SCA Promotions Inc. http://www.bbc.com/sport/0/cycling/31495246 "Armstrong admitted to doping and was found to have lied in proceedings.SCA said: "The award, which must be paid directly to SCA, is believed to be the largest award of sanctions assessed against an individual in American judicial history."SCA initially refused to pay out money covering the bonus for Armstrong's sixth Tour de France win in 2004.Armstrong took the company to an arbitration hearing in Dallas in 2005 and won, because the contract between the parties stipulated the insurance money would be payable if Armstrong was the "official winner" of the Tour.He was awarded $2.5m (£1.6m) in damages and costs."SCA's dispute with Armstrong is not over," said the firm."It has a currently pending lawsuit in Dallas state district court where it is pursuing additional claims against Lance Armstrong and Bill Stapleton (Armstrong's agent)."In 2012, the United States Anti-Doping Agency issued Armstrong with a life ban and stripped all seven of his Tour de France titles.The Texan was accused of being part of the "most sophisticated, professionalised and successful doping programme" that sport had ever known.During a 2013 television interview with American talk-show host Oprah Winfrey, Armstrong confessed that he used banned performance-enhancing drugs throughout much of his cycling career.Last month, the Texan told the BBC , when asked if he would make the same choice to cheat that he made in 1995: "When I made the decision, when my team made that decision, when the whole peloton made that decision, it was a bad decision and an imperfect time."But it happened. And I know what happened because of that. I know what happened to the sport, I saw its growth."SCA Promotions president and founder Bob Hamman said: "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."Jeff Tillotson, SCA's promotions lawyer added: "This record-breaking award was justified given Armstrong's outrageous conduct."He seems to have his very own 'pay back the money' crisis happening.
Tumbleweed Posted February 17, 2015 Posted February 17, 2015 We should start a Hub collection thing to raise funds and help him out. People could start by auctioning their Livestrong wristbands?
nikki Posted February 17, 2015 Posted February 17, 2015 He deserves every thing that he gets. Carma is a bitch!
Shebeen Posted February 17, 2015 Posted February 17, 2015 a bit unfair?? he got paid $12m and now has to only return $10m?so he keeps the other $2m, and interest. this after he cheated, then took them to court and lied in a court about cheating.ja, very unfair.
DIPSLICK Posted February 17, 2015 Posted February 17, 2015 AGREED VERY UNFAIR PUT ME DOWN FOR THE FUND,,IM IN
Gen Posted February 17, 2015 Posted February 17, 2015 Seeing that he lost this case.. I reckon other sponsors that were generous back then will start with their cases against him.. if they haven't already. . He is gonna need more booze to cope with that.. Come on Lance.. pay back the money.
Tumbleweed Posted February 17, 2015 Posted February 17, 2015 Seeing that he lost this case.. I reckon other sponsors that were generous back then will start with their cases against him.. if they haven't already. . He is gonna need more booze to cope with that.. Come on Lance.. pay back the money. That's okay...his girlfriend will drive...
Gen Posted February 17, 2015 Posted February 17, 2015 That's okay...his girlfriend will drive...[emoji23] [emoji23] [emoji23]
Jaco-fiets Posted February 17, 2015 Posted February 17, 2015 I think they should start making the calculations on the amount earned in tv rights, Oakley, giro, trek and numerous others during the time he made them famous. Take that money and give it to some charity. Many capitalized off him performance/fame lets not forget that. If he needs to start coughing up the others should do too
SwissVan Posted February 17, 2015 Author Posted February 17, 2015 a bit unfair?? he got paid $12m and now has to only return $10m?so he keeps the other $2m, and interest. this after he cheated, then took them to court and lied in a court about cheating.ja, very unfair. Unfair in the sense that most other dopers don't pay back the money they got while doping
SwissVan Posted February 17, 2015 Author Posted February 17, 2015 People could start by auctioning their Livestrong wristbands? can you believe but I never ever had one.... but I got few books which apparently are worthless at the moment
Tumbleweed Posted February 17, 2015 Posted February 17, 2015 can you believe but I never ever had one.... but I got few books which apparently are worthless at the moment I'll sell you mine. I also have a USPS casquette if you're keen.
SwissVan Posted February 17, 2015 Author Posted February 17, 2015 Thanks (sarcasm drip) moderators for changing the topic heading and moving it from Rant and rave.Do you realize the importance of the "troll" word in LA discussions? I think not
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