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Lance Armstrong agrees to Oprah interview

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    Will televised interview help his cause?

  • Duration 8:18
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I don't have anything we're going to focus on the -- got.

Five great kids I've got a great lady in my life from your wonderful foundation and it's completely unaffected by any.

Any noise out there and we're gonna continue to yards.

People like the people understand around -- that it -- on the course of the people who had only been voicing your opinion in the last for hours -- earnings before.

-- -- -- Escorted back in session on the docket today Lance Armstrong telling his story too old Brock in what is being bar a bit of bill.

As a no holds barred interview.

You just heard -- -- Listerine and you.

Back in August that was before he was stripped of his seven Tour de France titles and banned from cycling for life.

-- -- -- while he was under investigation the results.

Look likely at that point.

The US Anti Doping Agency made the decision in October after a lengthy and comprehensive and an investigation and allegations that the 41 year old.

Champion -- -- from years of systematic doping and -- related cover up.

In what many of his former teammates called a widespread.

Conspiracy.

To use and cover up the use performance enhancing drugs.

Now Oprah Winfrey's network is announcing that Armstrong we'll talk about the doping scandal the -- in an -- interview will be his first since he lost all of -- titles and was banned from cycling for life.

And now there are new questions about whether after years of denying he did anything wrong.

This televised interview will help his costs or could it instead turn out to be a legal nightmare for him.

Joining me now -- Arthur Dow former prosecutor now defense attorney John -- -- war same pedigree now welcome.

-- you so I'm good fame is gonna get and make trying to assume it's -- -- be Oprah Winfrey that and the New York Times is reporting based on discussions with his associates.

That he is considering admitting.

That he used performance enhancing drugs and blood -- transfusions during a cycling career.

Then the other sources say I'll know he's not gonna admit that we'll see the interview has yet to -- -- -- January 17 that she's gonna sit down with him for ninety minutes.

But they say he's reportedly thinking about doing -- -- because he wants to restore his eligibility in some athletic events like triathlon -- And running events and I guess just start the healing process for the public legally problematic.

You know -- -- usually people come into my office.

After they've already made the mistake and that's my job to fix it.

Here it's like he has it made that that the big mistake yet.

I just what does -- Lance shot -- -- Bro just keep your mouth shut you just said when you lied to everyone about your doping you have five great -- -- got a beautiful wife and all.

Anything and everything he says can and will be used against him in a court of law period.

-- -- -- hearsay exception is a statement against fuel interest so he's basically admitting to what could be considered a crime although because he hasn't testified.

I don't believe federally it's.

-- we have to talk about that -- why would it be a crime what if he came out and set -- right.

Those years when I set I wasn't doping I really was what cry and to -- commit.

That ended up itself would not be the crime the crime would happen if he ever gave testimony under oath -- -- and any sort of that.

That I think they want the feds could come after -- -- and I he he's -- -- -- -- civil suit in east.

Soon it SCA promotions and -- company with how the five million dollar bonus from him in 2004 based on doping allegation this -- you use drugs you're not getting your bonus.

He sued that he's been very -- -- -- saying I found opening it is as I did is gonna get -- and -- the case was settled for seven point five million.

So he won and he won big.

Now that SE promotions wants the seven point five million dollars back plus it wants additional moneys back.

And why couldn't they going to court and say heat gave under oath testimony that he wasn't on drugs he won a bunch of money from us.

Now do we get our money back but that he committed -- Jury yet they absolutely can I just don't know if the criminal agency is going to have it does that he'd lied under oath that is in a civil active and they might.

And he could be wearing a parent handcuffs but at the very least I think if he opens his mouth on Oprah and even if he does -- He's still gonna have to open his checkbook because there are several civil lawsuits coming down the -- whether you give back is not a beacon that is Michael just hand them over money that that's all the evidence are going to need aren't here but -- you.

-- present a lot of celebrities -- true celebrities and and sports figures who have found themselves in trouble.

And these guys are in the unique situation in fighting not only illegal war but a PR war correct and if he has any hope.

Of making amends to the American people who believe.

Most of them as the US Anti Doping Agency concluded efforts comprehensive investigation and after all his teammates -- in and out.

That he is -- Dover and has been lying to us how can ever make amends without confessing to it.

He may he may not be able to and that's a decision the way I would counsel and that he was a client.

Is you have to look at the risk vs the rewards I don't know what's in his bank account so you.

Accurately articulated.

A seven point five million dollar lawsuit they -- five million dollar of the legal fees maybe lands on frozen in position where -- and stroke a check for twelve and a half million bucks.

Is it really gonna change -- quality of life for his standard of living.

And it may be worth it for him where it would not be worth it if he knew what Marion Jones did was testified on the -- To a federal agency congress in the US attorney's office and I didn't do it.

Now he says that doesn't gift or anything to hit us right after the break as much more talk about the -- it.

Are are all right -- just billboard back with me now so while I -- -- -- -- -- -- when -- -- is -- it also -- celebrity clients what.

You know there's some benefit to him financially.

And otherwise if he comes out and says.

I did it at night I have to admit to you that I did it and I had to explain you -- I -- all those years.

But there's an order to things in it Lance Armstrong is my client he's on the set of Oprah about to confess I'm going to run on that and tackle them not just because I'd love to be on Oprah but because -- -- -- this that well.

Yes the settled all of the civil claims that he needs to get assured that he's not going to be prosecuted.

First debt that as a way legally what do you limitations on -- and I do you know that that's out there and -- -- an imitation of perjury now you know I don't it's -- for so it's been in has -- -- lap I was six years I I think it's one -- but may be clear.

And my big -- so what about.

-- the need to resume sporting activities are there because they say that the world anti doping code.

Does say -- athlete could be eligible for reduced punishment if -- fully confesses and they say that he's commitment given a lifetime -- But may be the lifetime ban could be decreased to eight years maybe four years.

If he comes out and does the man Coke bust so -- -- really hasn't checked to a couple people so they've you know alleged perjury and any continues competing so.

I'm going to give Lance the benefit of the doubt because let's see -- you know he has accomplished a lot in.

The world of -- -- and raising money and he's got I'm short top top people around him.

I would like to think they have sat around the table and they have measured this the risk -- the rewards and maybe there are already settlement negotiations going on.

Presumably he does have the money he does of the -- -- -- financial resources to do to sell these matters and then go wanna compete because if he doesn't.

This is insane if -- risk of criminal prosecution.

This is insane I mean I know we only had come into this world to leave -- for one thing our reputation I tell that every -- -- class lecture.

But at what cost he does have five children he does have a -- wife or significant other he's gonna go bankrupt so that he could admit that you that you don't.

So we -- right don't want to have -- Right now we're left with the image of him sitting there on that couch admiring his old jerseys from enough you know look at him there let him soaking -- -- -- -- And yet the -- officials tell us it was all a fraud and is a question about whether he's getting any sort of the future professionally -- -- -- -- that's an English.

He has no right NASDAQ she's still write what you said somebody got to tackle your own quietly shut it amounted I -- -- -- -- that -- you can't let me read you.