News

Judge rules against Lance Armstrong over prize money

Judge rules against Lance Armstrong over prize money

LANCE ARMSTRONG: Dallas County Judge Tonya Parker refused to stop the original arbitration panel from considering whether Dallas-based SCA Promotions should be able to recoup the millions it paid Armstrong during his Tour de France winning streak, according to court documents filed on Wednesday. Photo: Reuters

By Lisa Maria Garza

DALLAS (Reuters) – A Texas judge has denied a request by lawyers for Lance Armstrong to block a sports insurance company from re-opening an arbitration agreement in which the firm paid $12 million in bonuses to the disgraced cyclist.

Dallas County Judge Tonya Parker refused to stop the original arbitration panel from considering whether Dallas-based SCA Promotions should be able to recoup the millions it paid Armstrong during his Tour de France winning streak, according to court documents filed on Wednesday.

SCA attorney Jeff Tillotson said on Wednesday that the panel is scheduled to meet March 17 to consider his request that Armstrong pay back the millions in prize money because he had denied under oath that his seven championships were fueled by performance-enhancing drugs.

Armstrong’s lawyers argued in court last week that the original settlement from 2006 was binding. Armstrong’s attorney Tim Herman could not be reached for comment on Wednesday.

The bonus money from SCA is for three of Armstrong’s seven Tour de France victories. The American cyclist was stripped of his titles and handed a lifetime ban in 2012 after a U.S. Anti-Doping investigation.

(Reporting by Lisa Maria Garza; Editing by Ken Wills)

Recent News

13 mins ago in Entertainment

Seth MacFarlane returning to Fox with new sci-fi series

Fresh
sethmacfarlane536713938826

The "Family Guy" star is producing a new series set 300 years in the future.

1 hour ago in Music

Corey Taylor lands ‘Sharknado’ role

Fresh
coreytaylor61861556506

The Slipknot star joins other musicians - including Wayne Newton and Vince Neil - in the upcoming SyFy channel movie.

3 hours ago in Entertainment

Channing Tatum bringing ‘Magic Mike’ to Sin City

20-overlay-3

The actor, who starred and produced in both the 2012 film and its 2015 sequel "Magic Mike XXL" made the announcement in a Facebook Live video on Wednesday, revealing "Magic Mike Live" will be coming to the Hard Rock Hotel and Casino in March, 2017.

3 hours ago in Entertainment

YouTube plans online TV service

youtubeREUTERS

YouTube is working on a paid subscription service called Unplugged that would offer customers a bundle of cable TV channels streamed over the Internet.

4 hours ago in Entertainment

Cinco de Mayo deals

23-overlay

Raise a margarita to celebrate saving money!