Lance Armstrong's agent, Bill Stapleton, and his longtime business partner, Bart Knaggs, have also agreed to pay $100,000 to the law office of Paul Scott, Floyd Landis' attorney and $500,000 to the US Government as part of an agreement to remove them from Landis’ lawsuit.

The government must approve the settlement and they have until January 30 to tell the judge in charge f the lawsuit if they have accepted the settlement or not according to USA Today.

The suit was filed in 2010 and accuses Lance Armstrong of defrauding the US Government by doping to win seven Tour de France titles.

The government joined Landis' lawsuit last year, and under the False Claims Act, damages could be tripled to nearly $100 million. As the whistleblower who filed the case, Landis would be eligible for part of any damages awarded.

“The settlement agreement would require the dismissal of the action against the Settling Defendants, which, under the False Claims Act, requires the written consent of the Attorney General of the United States,” USA Today quotes the government as stating in court documents.

“The United States will require time to review the proposed settlement agreement, acquire necessary additional information from the realtor and Settling Defendants, evaluate whether the settlement terms are in the interest of the United States, inform the officials within the Department of Justice who have authority to act in the circumstances, and obtain the necessary authorization to state the Government's position regarding the proposed settlement.”