Speaking in his own podcast about the pending federal whistleblower lawsuit against him, Lance Armstrong says that if the court rules against him, he could be “out on the street.” The judgment would seek around $100 million (€89 million) from him.
“We are down to one case, me versus the United States of America, Floyd Landis – it’s a heavy case. If it goes the wrong way for us, then we are on the street. So it’s pretty heavy. Let’s hope it doesn’t go the wrong way.”
Armstrong has already paid out lawsuits against him, including with The Sunday Times (£1/€1.17 million) and SCA Promotions ($10/€8.9 million). He said that he lost ($75/€66.8 milliom) in sponsorship income. He has already sold his home in Austin, Texas and is currently living in Aspen.
The judge in the case is expected to rule on two motions for summary judgment that will decide if the case will go to the trial phase. The government argues and Armstrong and the management company that ran the US Postal team defrauded the government by taking performance enhancing drugs.
Floyd Landis is the whistleblower in the suit and stands to claim 15-20 percent of any judgment against Armstrong.
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Lance Armstrong lawsuit