The lawsuit most likely to be influenced by a confession might be the Sunday Times case. Potential perjury charges stemming from Armstrong’s sworn testimony in the 2005 arbitration fight would not apply because of the statute of limitations. Armstrong was not deposed during the federal investigation that was closed last year.
Armstrong is said to be worth around $100 million. But most sponsors dropped him after USADA’s scathing report — at the cost of tens of millions of dollars — and soon after, he left the board of Livestrong.
After the USADA findings, he was also barred from competing in the elite triathlon or running events he participated in after his cycling career. World Anti-Doping Code rules state his lifetime ban cannot be reduced to less than eight years. WADA and U.S. Anti-Doping officials could agree to reduce the ban further depending on what information Armstrong provides and his level of cooperation.
Whether his confession would begin to heal those ruptures and restore that reputation remains to be seen.
Diagnosed with testicular cancer in October 1996, the disease soon spread to his lungs and brains. Armstrong’s doctors gave him a 40 percent chance of survival at the time and never expected he’d compete at anything more strenuous than gin rummy. Winning the world’s most grueling sporting event less than three years later made Armstrong a hero.
Jim Litke reported from Chicago.