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-- this morning cycling icon Lance Armstrong could see his name wiped from the record books by the end of today.
The US Anti Doping Agency says it plans to strip Armstrong of see his seven Tour de France titles all seven.
After Armstrong ended his fight against the allegations he used performance enhancing drugs he says he -- had he -- In the following that story -- live in our New York newsroom -- the accusations have been going on for years right why now would Lance Armstrong say.
He's no longer he has an admitted.
And he's not saying he did but he doesn't want to fight it anymore why.
Right while while the cycling legend continues again to deny ever doping.
He cyclists family and his foundation is the driving force behind his decision to drop -- -- against these accusations which will.
According to world anti doping codes stripped them as you mention of his seven Tour de France titles the 2000 Olympics bronze medal he won.
And all other awards titles in cash she scored from winds from August 1990.
1998 on his statement released through his attorney Armstrong says quote.
There comes a point at every man's life when he asked to say enough easy enough for me that time is now.
Armstrong went on to say he feels the anti doping agency's case against him.
Has been and quote unconstitutional.
Which time adding the told this is taken on my family and my work for our foundation.
And on me it leads me to where I am today.
Finished with this nonsense.
Now Armstrong could've chosen to go to arbitration in the case which -- brought witnesses forward to testify against him.
In a public hearing about going out he won't have to go threatening that Jamie.
All right thank you so much Laura let me let me ask you though before we go about the endorsements I I think that'll be a big question for folks now whether or not he'll lose votes and they said while we're waiting to hear back from his lawyer on that we've reached out but it is being reported today that -- could be even further consequences with the possibility that the US Postal Service which gave tens of millions in sponsorship money to Armstrong's teams.
Could try to get some of that money back and then a Texas company shelled out -- point five million Armstrong for a performance bonuses in 2006.
Could also try to get that money back now that he will be stripped of those titles.
It also means -- he will be barred for life.
From competing coaching or having any official role with any Olympic sport or other sport that follows the world anti doping code more to come on this -- now.
Thank you so much thanks bill.
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