Barry Bonds' obstruction of justice conviction was reversed Wednesday by the 9th U.S. Circuit Court of Appeals, which ruled his meandering answer before a grand jury in 2003 was not material to the government's investigation into steroids distribution.
Victor Conte, the former founder and president of BALCO, a sports nutrition center in Burlingame, Calif., had ties to Barry Bonds during his playing career.
He released a statement on Bonds' conviction reversal:
I could not be more happy that Barry Bonds finally gets to move on with his life. Let's hope the prosecutors choose not to waste any more resources on what has been nothing more than a frivolous trophy-hunt and a complete waste of taxpayer dollars.
Bonds, baseball's career home runs leader, was indicted in 2007 for his testimony four years earlier before the grand jury investigating the illegal distribution of performance-enhancing drugs by the Bay Area Laboratory Co-Operative (BALCO).