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

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
Comments (3)
  • User 509088
    , contributor
    Comments (1005) | Send Message
     
    oprah is saying he maybe didn't apologise on her show, depending on your interpretation.
    15 Jan 2013, 11:26 AM Reply Like
  • Tony Petroski
    , contributor
    Comments (6373) | Send Message
     
    (...whew...got off my tredmill...Armstrong? Plus Oprah?...it must be true...)

     

    Still cyclin' along...
    15 Jan 2013, 11:37 AM Reply Like
  • DianeLee
    , contributor
    Comments (352) | Send Message
     
    Poor Nike. Problems with Tiger, now Armstrong. But. Nike just signed McElroy on a $200Million sponsorship deal. Better luck, Nike.
    15 Jan 2013, 11:59 AM Reply Like
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