Lance Armstrong keeps losing things.
This year has been a rough one for the former seven-time Tour de France winner. First came the accusations that finally toppled Armstrong’s many denials of performance-enhancing drug use. The U.S. Anti-Doping Agency stripped Armstrong of his cycling titles and banned him from the sport, and Armstrong soon lost his endorsement and charity connections as well.
While the professional troubles continue to mount for Armstrong, who hasn’t made any headway in getting the bans lifted and returning to action in cycling or other sports, the personal problems are adding up, too. Armstrong’s net worth is expected to take a sizable hit due to lost endorsements and pending lawsuits that seek to recoup millions that Armstrong earned on the back of him saying and proving he was drug-free.
In the first sign that Armstrong may be looking to scale back as pressures rise, the cyclist has sold his estate in Austin, Texas, The Associated Press reports. Al Koehler, a f...