It’s what we’ve all been waiting years to hear; Lance Armstrong admitting he used performance enhancing banned substances to win the Tour de France seven times.

We’ve heard the truth for many many months from his accusers, we’ve known the truth for sometime now, but it feels good to finally hear him admit it all.

It will be his most loyal followers who choose to deny the truth of his methods who be the most hurt and disappointed by the news.

Hear it yourself folks, the video below is the opening of Lance Armstrong’s interview with Oprah in which he starts off the first few minutes by answering “yes” to every single question. Listen for yourself:

The fact is that Lance will in some from or another recover from this. There are many people out there who will look past his doping and lies and forgive him based on the tremendous things he has done to inspire cancer sufferers across the world. Lance Armstrong is a hero to many, an inspiration; but does all the good he has done out weigh the bad?

Lance Armstrong has a net worth of approximately $125 million. He has profited immensely from his cycling career. In 2005 his net worth was estimated at approximately $28 million. Lance’s wealth is a direct result of winning the Tour de France seven times. He won the Tour de France seven times because he was doping; he says so himself. He says he does not believe it would be possible for anyone to win it seven times if they were not using performance enhancing substances.

Had he not have had such a successful career, we wouldn’t even be talking about him right now.

The one good thing Armstrong has on his side is his charity work. At least Armstrong has used his fame and success to inspire others in this world. You may not like him, agree with him, or you may be completely disgusted by him, but you cannot deny the good that has come from his wrong-doings. He single-handedly inspired the Livestrong brand and created a world wide cancer awareness and support system.