Lance Armstrong

George Burns, Oprah WInfrey Network

Lance Armstrong has agreed to pay $5 million to settle a lawsuit that claimed he defrauded the federal government by using performance-enhancing drugs while riding for the U.S. Postal Service cycling team.

“No one is above the law,” Chad Readler, the acting assistant attorney general for the Justice Department’s Civil Division, said in announcing the decision Thursday.

Hundreds of samples taken from riders in this summer's Tour de France found no signs of doping, officials say. The epic race, which was put on for the hundredth time in 2013, has been at the center of recent doping scandals.

Anti-doping officials say they took 202 blood and urine samples before the race began, and an additional 419 during competition. Nearly 200 of those samples were taken with the goal of creating a "biological passport" for riders, to establish a baseline of their body chemistry.

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Tomorrow marks the 100th edition of the Tour de France and Lance Armstrong — despite being stripped of his 7 Tour de France titles — still believes he's the race's greatest contender.

According to the French newspaper Le Monde, Lance Armstrong said he still considers himself the record-holder of tour victories despite being stripped of his titles this year after admitting to doping allegations.

Update: Nike has produced merchandise with the Livestrong logo for nine years – raising more than $100 million for the foundation. But Nike will stop making the merchandise after this holiday season.

According to Livestrong Vice President of Communications & External Affairs Katherine McLane, Nike will stop production before the end of 2013 – that's before the contract ends in December 2014.

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