Here's How Much Lance Armstrong Is Really Worth

At the peak of his career, Lance Armstrong was worth around $125 million, according to Sportscasting. He made over $20 million each year, largely from endorsements. When he was tragically diagnosed with testicular cancer, he raised almost $500 million for cancer research through his charity, Livestrong (via The New York Times).

After he survived the battle and hopped back on his wheels, though, he suffered a financial hit. Despite his interest in returning to competitive racing, French cycling team Cofidis dropped his annual contract, making him a free agent, per the Associated Press. Prior to his cancer diagnosis, the contract had been worth $2 million for two years. He was eventually able to find sponsorship from the United States Postal Service team, which afforded him $200,000 annually (via Biography). He went on to smash cycling records, win multiple Tour de Frances, and snag an Olympic medal.

All that changed when allegations of doping came to light. Armstrong eventually admitted that he'd used performance-enhancing drugs since the '90s, and his finances took a nosedive along with his career (via ABC News). Once worth $125 million, the former world champion, cancer survivor, and icon is now worth less than half that amount. According to Celebritynetworth, he's worth an estimated $50 million.

Despite the success story gone sour, Armstrong remains a wealthy figure. He opened up more about his fraught journey with cycling and performance-enhancing drugs in a new ESPN documentary, "Lance."

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