The Lance Armstrong doping scandal was one of those things that shook the entire sports world. Armstrong was world-renowned as one of the best bicyclists of all time -- until it was discovered that nearly all of his accolades were the product of performance enhancing drugs (PEDs), commonly referred to as steroids, or doping.
From 2001 to 2004, the United States Postal Service gave over $30 million to Lance Armstrong's professional cycling team under a sponsorship agreement. During that time, the sponsorship agreement included a provision that essentially prohibited the use of PEDs by sponsored riders, allowing USPS to suspend or fire riders. Nevertheless, Lance Armstrong earned millions, despite having used PEDs throughout his career.