CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header
NFL Preseason: Broncos vs Cowboys on CBS 11 & 105.3 The Fan at 6:00pm | Cowboys News

Sports

Lance Armstrong Settles $3M Insurance Lawsuit

View Comments

Sports Fan Insider

Keep up with your favorite teams and athletes with daily updates.
Sign Up

From Our CBS Music Web Sites

454116976 Lance Armstrong Settles $3M Insurance LawsuitKe$sha's Scandalous Pre-VMA Selfie

454181828 Lance Armstrong Settles $3M Insurance LawsuitBilly Crystal's Robin Williams Tribute

 alt=iPhone 6 Pics Leaked!

453947324 Lance Armstrong Settles $3M Insurance LawsuitIce Bucket Challenge Fail

 alt=Musicians Then And Now

cowb thumb Lance Armstrong Settles $3M Insurance LawsuitCowboys Cheerleaders

Lance Armstrong during an interview regarding the controversy surrounding his cycling career (Photo by George Burns/Oprah Winfrey Network via Getty Images)

Lance Armstrong during an interview regarding the controversy surrounding his cycling career (Photo by George Burns/Oprah Winfrey Network via Getty Images)

AUSTIN, Texas (AP) — Lance Armstrong has reached a settlement with an insurance company that sought more than $3 million for bonuses it paid him for winning the Tour de France from 1999 to 2001.

Nebraska-based Acceptance Insurance sued Armstrong earlier this year after he admitted using performance-enhancing drugs during his career.

Attorneys for both sides would not disclose details of Wednesday’s settlement other than to say the case has been “resolved to the mutual satisfaction of the parties.”

Armstrong still faces a similar $12 million lawsuit from a Dallas-based promotions company that is in arbitration. He also faces a federal whistle-blower lawsuit over his team’s previous sponsorship with the U.S. Postal Service that could lead to fines in excess of $100 million.

Latest News:

Top Trending:

View Comments