The bronze medal disgraced cyclist Lance Armstrong won during the 2000 Olympic games has been returned to the U.S. Olympic Committee and will eventually wind up in the possession of the IOC in Switzerland.
The acquisition was confirmed by USOC spokesman Patrick Sandusky and followed up a tweet from Armstrong himself.
Armstrong earned the medal for a third-place finish at the road cycling time trials in Sydney.
The former cyclist was stripped of the medal in January, following his tell-all interview with Oprah in which the seven-time Tour de France winner admitted to doping throughout his career.
The timing of the transaction may be related to Tuesday's election of new IOC president Thomas Bach. “What we are lacking – sadly but I hope we can still come to the result – is just getting back the medal,” Bach said earlier this week.