In an interview that aired last night on the Oprah Winfrey Network, Lance Armstrong confessed that he doped. That confession, added to mountains of other evidence, could cost him millions of dollars. There are three groups of people he may owe money to:
1. SCA Promotions
SCA is a company that underwrote millions of dollars of bonuses that Lance received for winning the Tour de France. Now that he's been stripped of those titles — they want their money back.
Disgraced cyclist Lance Armstrong's confession to doping isn't just a matter of passing interest to sports fans, it has the potential to be pivotal new evidence in a raft of legal matters that have swirled around the cycling star for years.
Armstrong already has lost his battle with the U.S. Anti-Doping Agency, which detailed "the most sophisticated, professionalized and successful doping program" in sports when it announced a lifetime ban of the cyclist last October.
On CBS This Morning moments ago, Oprah Winfrey confirmed that Lance Armstrong admitted to her in an interview recorded Monday that he did use performance-enhancing drugs during a cycling career that included seven Tour de France victories (titles he has since been stripped of).