Trek suing Greg LeMond
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Trek suing Greg LeMond
I wonder if this has any implications for Trek continuing to sell LeMond bicycles? If so, I wonder if LeMond as a line would even continue to exist ... seeing as how they are pretty much 100% Trek bikes with a different label on them.
Trek sues to end collaboration with bicyclist Greg LeMond
Trek Bicycle Corp. is ending its 13-year collaboration with three-time Tour de France winner Greg LeMond.
The Waterloo bike manufacturer has filed suit in U.S. District Court in Madison to sever the relationship, Trek president John Burke told company employees and reporters, in separate conference calls Tuesday. He said the lawsuit came in response to a 41-page complaint by LeMond, served to Trek on March 20 and expected to be filed in U.S. District Court in Minneapolis. It is similar to a complaint LeMond issued against the company in 2004 and is "filled with information and allegations that are immaterial to the business agreement," Burke said.
"We had high hopes for our partnership with Greg and we are sorry it has come to this," Burke said. "But this troubling pattern of inconsistent business dealings forced us to do this, for the sake of the Trek family — our retailers, employees and customers."
No Trek employees will lose their jobs as a result of the move, Burke said. Of 1,600 employees worldwide, nearly 1,200 are in the U.S., primarily at Trek operations in Waterloo and Whitewater.
Trek sues to end collaboration with bicyclist Greg LeMond
Trek Bicycle Corp. is ending its 13-year collaboration with three-time Tour de France winner Greg LeMond.
The Waterloo bike manufacturer has filed suit in U.S. District Court in Madison to sever the relationship, Trek president John Burke told company employees and reporters, in separate conference calls Tuesday. He said the lawsuit came in response to a 41-page complaint by LeMond, served to Trek on March 20 and expected to be filed in U.S. District Court in Minneapolis. It is similar to a complaint LeMond issued against the company in 2004 and is "filled with information and allegations that are immaterial to the business agreement," Burke said.
"We had high hopes for our partnership with Greg and we are sorry it has come to this," Burke said. "But this troubling pattern of inconsistent business dealings forced us to do this, for the sake of the Trek family — our retailers, employees and customers."
No Trek employees will lose their jobs as a result of the move, Burke said. Of 1,600 employees worldwide, nearly 1,200 are in the U.S., primarily at Trek operations in Waterloo and Whitewater.
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There are two types of road bikers: bikers who are faster than me, and me. Bruce Cameron - Denver Post
#2
His Brain is Gone!
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BTW, LeMond turns 47 this June. Not too long until he's eligible to join this forum.
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"Too often I would hear men boast of the miles covered that day, rarely of what they had seen." Louis L'Amour
There are two types of road bikers: bikers who are faster than me, and me. Bruce Cameron - Denver Post
"Too often I would hear men boast of the miles covered that day, rarely of what they had seen." Louis L'Amour
There are two types of road bikers: bikers who are faster than me, and me. Bruce Cameron - Denver Post
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Edit: I can't imagine what his life has been like or what it's like now. I am, and always be, grateful for his TdF victories being a big boost to what most people in the U.S. knew/know about cycling. He opened a lot of doors. If I had a wish for him, it would be that he has some peace and contentment with what he has accomplished with his life and will continue to accomplish.
Last edited by BSLeVan; 04-09-08 at 07:23 AM.
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It's hard to know what to make of Lemond. He's one of the greatest ever, but he strikes me as a nutcase. His involvement in the Landis case, his accusations against Lance, all seem strange.
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Lance's involvement with Ferrari, his intimidation of cyclists that speak out against doping, his dumping Crow when she had breast cancer, his involvement with an Olsen twin; and Landis' attacks on Lemond, his connection to a member of his entourage who tried to intimidate Lemond by threatening to publicize his abuse as a child, his very likely involvement with doping, his lying that it was the booze he drank the night before, his going on the rubber chicken circuit to try and get other cyclists to pay for his defense while he lives in a gated community, and his humiliating his family all made them look like nut cases to me. Let's see, Lemond speaks out against doping and has been forthright about his own life, but that makes him look like a nutcase to you? Einstein was right. Position in time and space does affect perspective.
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Strange is a mild way to put it. The only thing he didn't throw in the mix was being taken up by a UFO.
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We'll see if Greg knows as much about contract law as he knew about cycling. Otherwise, many have ridden in the TdF but few have won, and fewer still ever enjoy victory in the courtroom where winning is a contradiction in terms from the start when it comes to describing the end result for both parties in most litigations.
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I think mine's already a collector's item. LeMond / Trek calls it a "classic," but i call it an "instant antique." I love my LeMond and hope it never gets trashed -
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Lance's involvement with Ferrari, his intimidation of cyclists that speak out against doping, his dumping Crow when she had breast cancer, his involvement with an Olsen twin; and Landis' attacks on Lemond, his connection to a member of his entourage who tried to intimidate Lemond by threatening to publicize his abuse as a child, his very likely involvement with doping, his lying that it was the booze he drank the night before, his going on the rubber chicken circuit to try and get other cyclists to pay for his defense while he lives in a gated community, and his humiliating his family all made them look like nut cases to me. Let's see, Lemond speaks out against doping and has been forthright about his own life, but that makes him look like a nutcase to you? Einstein was right. Position in time and space does affect perspective.
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It's the kind of situation that makes me glad I'm not rich and famous. Rich would do just fine.
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https://www.trekbikes.com/pdf/media/e...008_Lemond.pdf makes interesting reading. I don't have time to finish it right now. The contract was between two corporations. Looks like LeMond speaking out personally was attributed to the Lemond corporation by Trek and led to Trek failing to exert adequate efforts to promote the brand, instead relying on Armstrong's rising reputation. Backing the winner without adequately handling obligations under a previous contract. Should be amusing. I'll get through the rest of the complaint, generic as it seems so far, later in the day.
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OK, I've read through the whole thing. I like it. Seems pretty good to me. LeMond's remarks don't seem to have hurt Trek and aren't anything new. Trek does seem to be in the middle between Armstrong and LeMond. Trek does seem to have failed to promote the LeMond brand in a gross manner and to have favored Armstrong. Wondered why the brand never got the press I thought it should, especially in Europe. Unless LeMond lied somewhere along the line, or directly disparaged Trek products or the company, or an impact on Trek can be demonstrated, then Trek might want to think about settling this thing. Failure to exert best efforts isn't a light thing. I'm involved in such a case at the moment as plaintiff.
Will be fun to watch.
Will be fun to watch.
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I know a lot of folks here don't go to some (cough, cough) other forums here, so I'm reposting the link to this podcast here. It certainly changed my opinion of Greg Lemond.
https://www.competitorradio.com/shows...(1hr12min).mp3
Be advised, its an hour long, but well worth a listen
https://www.competitorradio.com/shows...(1hr12min).mp3
Be advised, its an hour long, but well worth a listen
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So we can add LeMond vs Trek to Cip vs Ball and UCI vs ASO....what a sport.
How 'bout that Oscar Friere?
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Yeah, it's pretty cool how these things end up in court. Buy out competitors brand names, then let them die while you have the name tied up. Sometimes it works. Sometimes it doesn't.
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Reminds me why I love this sport regardless of the silliness that surrounds it.
The Tour of Flanders was pretty freakin fantastic too.
Maybe the season will turn out OK even with the ASO/UCI circus in town.
The Tour of Flanders was pretty freakin fantastic too.
Maybe the season will turn out OK even with the ASO/UCI circus in town.
Last edited by buddyp; 04-09-08 at 02:29 PM.
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I agree w/Skinny-Mr.Big Stuff's above,
Well, except that he dumped Ms.Crow before she knew she had cancer, but whatever.
I have to say I like Greg better than Lance, but maybe that's because I'm an Old Guy too. For TREK, remember the first Lemond bikes were built by the Clark Kent Co. and Greg kind of screwed Clark Kent when he signed with TREK. But that was long ago (relatively speaking).
Rick / OCRR
Well, except that he dumped Ms.Crow before she knew she had cancer, but whatever.
I have to say I like Greg better than Lance, but maybe that's because I'm an Old Guy too. For TREK, remember the first Lemond bikes were built by the Clark Kent Co. and Greg kind of screwed Clark Kent when he signed with TREK. But that was long ago (relatively speaking).
Rick / OCRR