Tyson Gay planning to repay $500K in earnings after suspension

By Evan Hilbert | CBSSports.com

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Sprinter Tyson Gay is trying to rebuild his tarnished reputation. (Getty Images)

Last week, Tyson Gay was given a retroactive one-year suspension for use of a banned substance. Gay now plans to pay back the money he made while using the anabolic steroid dating back to 2012.

According to The Telegraph, Gay has already begun the process of repaying both his prize money and appearance earnings.

"I can confirm the money is already on its way back from Gay's agent," British Athletics Chairman Ed Warner told the paper. "They are aware their contract said the money was returnable if there was a doping violation but Mark Wetmore [Gay's agent] was on the case before we got on to it."

The money will reportedly go back to promoters of five Diamond League meets and to those in charge of an invitation meet in Jamaica.

The American sprinter was said to have been highly-cooperative during the investigative process, which ended in a reduced ban. He will be eligible to race again in June of this year.

Gay, 31, is a nine-time world champion and the current U.S. record-holder in the 100-meter dash.

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