A Lance Armstrong confession to Oprah Winfrey on her show covering his long record of...

|By:, SA News Editor

A Lance Armstrong confession to Oprah Winfrey on her show covering his long record of systematically doping could create collateral damage for Nike (NKE +0.6%) with a flurry of lawsuits likely to crop up. The company, which sponsored the cyclist for years, is already tangentially involved with a deposition on record in which it's alleged a $500K payment from the company to an Union Cycliste International official was for a coverup