--- title: Lance Armstrong Must Pay $10 Million to Tour de France Prize Insurer description: The athlete is locked in a legal battle with the Dallas promoter that insured some of his bonuses for winning the Tour seven times canonical: https://time.com/3711256/lance-armstrong-10-million/ author: Sarah Begley article:opinion: false article:content_tier: free article:published_time: 2015-02-16T19:53:56.000Z article:modified_time: 2026-02-22T04:27:34.908Z article:section: Sports og:title: Lance Armstrong Must Pay $10 Million to Tour de France Prize Insurer og:description: The athlete is locked in a legal battle with the Dallas promoter that insured some of his bonuses for winning the Tour seven times og:url: https://time.com/3711256/lance-armstrong-10-million/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltbc5fef4433b3f72f/69877f80524fc02b8fdec830/lance-armstrong.jpeg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 og:image:width: 3000 og:image:height: 1688 og:image:alt: Oprah Interviews Lance Armstrong og:type: article twitter:card: summary_large_image twitter:title: Lance Armstrong Must Pay $10 Million to Tour de France Prize Insurer twitter:description: The athlete is locked in a legal battle with the Dallas promoter that insured some of his bonuses for winning the Tour seven times twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltbc5fef4433b3f72f/69877f80524fc02b8fdec830/lance-armstrong.jpeg?branch=production&width=1200&quality=75&auto=webp&crop=16:9 ---  # Lance Armstrong Told to Pay $10 Million to Tour de France Prize Insurer > Sponsored content. 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Terms and conditions apply. * Savings buckets are a feature of Ally Bank's Savings Account. * No ATM fees from Ally Bank at Allpoint and Moneypass ATMs plus we reimburse for fees charged by other ATM owners nationwide up to $10 per statement cycle. * Early direct deposit offers eligible direct deposits up to two days sooner. * Spending buckets are a feature of Ally Bank's Spending Account. by [Sarah Begley](https://time.com/author/sarah-begley/) ## Sarah Begley Feb 16, 2015 7:53 PM UTC  In this handout photo provided by the Oprah Winfrey Network, Oprah Winfrey (not pictured) speaks with Lance Armstrong during an interview regarding the controversy surrounding his cycling career January 14, 2013 in Austin, Texas. In this handout photo provided by the Oprah Winfrey Network, Oprah Winfrey (not pictured) speaks with Lance Armstrong during an interview regarding the controversy surrounding his cycling career January 14, 2013 in Austin, Texas. George Burns/Oprah Winfrey Network—Getty Images by [Sarah Begley](https://time.com/author/sarah-begley/) ## Sarah Begley Feb 16, 2015 7:53 PM UTC Lance Armstrong may have thought that everyone would love an apology when he confessed to doping for all seven of his Tour de France victories, but the truth is costing him now. The disgraced cyclist [was told to pay $10 million](http://www.scapromotions.com/lance-armstrong-sca.htm) Monday in an arbitration award decision in favor of the Dallas promotions company that insured several of his bonuses for winning the Tour. The company, SCA Promotions, had originally gone to arbitration with Armstrong in [2005](http://www.usatoday.com/story/sports/cycling/tourdefrance/2015/02/16/lance-armstrong-sca-promotions-ruling/23496931/), after refusing to pay his bonuses because of doping suspicions. He denied wrongdoing, and SCA Promotions paid him a $7.5 million settlement in 2006. But after his confession in an interview with Oprah Winfrey in 2013, the company moved to go back to arbitration. With the new decision in its favor, the company filed a motion on Monday in a Texas court to confirm the arbitration into a ruling against Armstrong, which would force him to pay. Armstrong’s attorney told [_USA Today_](http://www.usatoday.com/story/sports/cycling/tourdefrance/2015/02/16/lance-armstrong-sca-promotions-ruling/23496931/) that the decision was “unprecedented.” ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3711256/lance-armstrong-10-million/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3711256/lance-armstrong-10-million/"},"headline":"Lance Armstrong Told to Pay $10 Million to Tour de France Prize Insurer","datePublished":"2015-02-16T19:53:56.000Z","dateModified":"2026-02-22T04:27:34.908Z","description":"The athlete is locked in a legal battle with the Dallas promoter that insured some of his bonuses for winning the Tour seven times","url":"https://time.com/3711256/lance-armstrong-10-million/","keywords":["Cycling","Oprah","tour de france","arbitration"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltbc5fef4433b3f72f/69877f80524fc02b8fdec830/lance-armstrong.jpeg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Sarah Begley","jobTitle":null,"url":"https://time.com/author/sarah-begley/"}],"articleSection":"Sports","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltbc5fef4433b3f72f/69877f80524fc02b8fdec830/lance-armstrong.jpeg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Oprah Interviews Lance Armstrong","caption":"Oprah Interviews Lance Armstrong","creditText":"George Burns/Oprah Winfrey Network—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/sports/","name":"Sports"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/cycling/","name":"Cycling"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3711256/lance-armstrong-10-million/","name":"Lance Armstrong Told to Pay $10 Million to Tour de France Prize Insurer"}}]}] ```