ET has the latest...

Despite rumors of their courtship, champion biker LANCE ARMSTRONG tells The New York Post he and ASHLEY OLSEN are not a couple. "Ashley Olsen and I are strictly friends," he told the newspaper. "We have hung out amongst other friends, and she strikes me as a nice, smart lady."

The romance rumors began earlier this month when the two were spotted getting cozy at a couple of New York City hot spots.