Originally written on NESN.com  |  Last updated 9/22/14
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 founder of the local oil and gas royalties rights company Royalty Clearinghouse, has taken out a $3.1 million loan to buy the 1.7-acre property, according to a deed of trust viewed by the Austin American-Statesman. Armstrong’s agent confirmed the sale. Armstrong has lived in the home since 2004. It was listed at $10 million, according to local real estate agents, and is valued at $3.9 million, but Koehler said in an email to the American-Statesman that “he paid nothing close to the listed value,” according to the AP. Armstrong’s agent said Armstrong plans to stay in the area, but as the dominoes continue to fall around his public persona — and the money riding on facts and figures since disproved — this could be just the beginning of some major downgrading. Photo via Facebook/TheMorningX Photo of the Day Pies! This is from Tuesday night. On Wednesday, it was so cold everyone was wearing those creepy earwarmers, and we’re guessing that the pies were frozen. Tweet of the Day Well, thank you, Adam Jones. Video of the Day Mercy rule, anyone?
MORE FROM YARDBARKER

Top TE of 2016 class tweets commitment to Florida State

Jon Lester: Leaving Boston would be harder without trade

George Karl a candidate to coach Sacramento Kings?

Report: Tom Coughlin likely to remain with Giants

DeMarco Murray has broken hand, will undergo surgery

Terrance Knighton guarantees Super Bowl victory

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

NFL says Ed Hochuli got roughing the passer call wrong

Jets officially start campaign for Mariota?

Tom Brady's reason for latest outburst: 'I wanted more points'

18 amazing NFL stats from Week 15

Merril Hoge unloads again on Johnny Manziel

Reports: Bryce Harper, Nats agree to two-year, $7.5M deal

Sydney Leroux dating MLS star Dom Dwyer

Julian Edelman has a new nickname for Tom Brady

Lakers throw a party for Kobe Bryant on team plane

Five things we learned from NFL Week 15

Johnny Manziel shirts find their way to clearance rack

The Walking Dead schedules around NFL playoffs

Why Kyle Lowry is the NBA's most underrated point guard

LeBron: Not disappointed by Johnny Manziel's debut

The best MLB free agent is still available

Report: Cutler fuming at Bears OC Kromer

The 15 best Bill Walton quotes

Mark Cuban tells us why some teams suck

Cycling News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.

Five takeaways from Week 15

Terrance Knighton promises SB win

NFL: Hochuli made the wrong call

Best MLB free agent is still available

18 amazing NFL stats from Week 15

Merril Hoge unloads again on Manziel

The 15 best Bill Walton quotes

Mark Cuban tells us why some teams suck

Harper, Nats agree to two-year deal

The 6 Anti-Sportsmen of 2014

Neglected storylines of CFP semifinals

Fan dresses as Cam Newton in car accident

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.