Tuesday, February 8, 2005

LeMond Wins Millions in Contract Dispute



A jury has awarded three-time Tour de France winner Greg LeMond $3.46 million in his contract dispute with a bicycle accessories maker. LeMond's contract with PTI Holdings called for a ten-year deal, but the company decided to drop LeMond's name from its helmets, seat covers, locks and other items after deciding his celebrity status had faded. The suit, filed in 2003, was for breach of contract.

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