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01/13/2013 11:16 AM

Legal Eagle: Lance Armstrong to do interview with Oprah Winfrey

By: Web Staff

Cyclist Lance Armstrong might be getting ready to admit to doping during an interview with Oprah Winfrey. USA Today says the man stripped of seven Tour de France titles has scheduled a sit down with Oprah at his Austin home on Monday. The interview would then air on the Oprah Winfrey Network on Thursday night. Here to talk about the case is our very own Legal Eagle, Paul DerOhannesian.

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UNITED STATES -- According to USA Today, cyclist Lance Armstrong may be ready to admit to doping to none other than Oprah Winfrey.

Armstrong, a world-renowned cyclist, was stripped of seven Tour de France titles when he was accused of doping last year. He has scheduled a sit down with Oprah at his Austin home on Monday. The interview is scheduled to air on the Oprah Winfrey Network Thursday night.

Legal experts say that Armstrong is likely coming forward now because all of his other business opportunities have run out.

"If you look at it, he can't compete, he's lost endorsements, he's lost credibility. This is a man who thrives not only on attention, but the business seeking potential. So what do you do? Americans love a televised TV confession think of Bill Clinton. And I think that's the gold standard for anyone who does bad is come back like Clinton did in an interview and years later people don't even think anything negative of you. That's probably why he's doing it," said legal expert Paul DerOhannesian.

DerOhannesian went on to say that Armstrong is worth so much money that even if he does have to pay out for using, he has the potential to make more money in the future on this experience.