Longtime Sponsor Speedo Drops Ryan Lochte Amid ‘Robbery’ Scandal

In further fallout following the Rio gas station incident involving American swimmers Ryan Lochte, Gunnar Bentz, Jack Conger and Jimmy Feigen, longtime Lochte sponsor Speedo USA has announced it is ending its relationship with the 2nd most decorated swimmer of all-time.

In an official statement released via media outlets, Speedo states the following:

Speedo USA today announces the decision to end its sponsorship of Ryan Lochte. As part of this decision, Speedo USA will donate a $50,000 portion of Lochte’s fee to Save The Children, a global charity partner of Speedo USA’s parent company, for children in Brazil. While we have enjoyed a winning relationship with Ryan for over a decade and he has been an important member of the Speedo team, we cannot condone behavior that is counter to the values this brand has long stood for. We appreciate his many achievements and hope he moves forward and learns from this experience.

The discontinuation of Lochte’s sponsorship also comes in the wake of the United States Olympic Committee possibly seeking further disciplinary action against the foursome.  Speaking to the media yesterday, Scott Blackmun, the USOC CEO, announced further action would be taken against the swimmers, although no details were given at this point.

“They let down our athletes,” Blackmun said. “They let down Americans.

“And they really let down our hosts in Rio who did such a wonderful job, and we feel very badly about that. I think we ended up in the right place in terms of being able to shine a light on what really happened there.”

You can hear Lochte’s description of the gas station series of events in his interview with NBC here.

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PVSFree

I wonder what this will mean for Lochte’s career

Joe Bagodonuts
Troy Rhoades

That was such a great and hilarious response to the who Locate saga.

ERVINFORTHEWIN

The Brits have a great legendary sense of humor ……i love it too

25METER_IM

Yeah, and he can pick on his own country and all of their swimming gold medalists besides Peaty… oh right. Nevermind. John Oliver is a loser.

H2O Bruin

Perhaps write a screenplay about a movie the Hangover, the Olympics version?

SwimNerd

They actually went out that night as a group of 5…

HulkSwim

My money is on Adrian

HulkSwim

so which Olympian got left on the roof?

Billabong

Reality TV awaits him. He will have to settle for a “Dumb and Dumber” type role. Should pay quite well though.

Charlotte

He’s done as someone who gets paid for swimming. Too much baggage from Rio. The rest of his sponsorships will fall like dominos. At his age he should retire and figure out what to do next with his life.

Loosers

Maybe go back to school and get a college degree. Watching his interview…it is clear he never “earned” a college degree. Like man, we were like still like drunk.

E GAMBLE

Didn’t he graduate from Florida?

Joe Bagodonuts

Anyone else struck by the irony of this post by someone who spells their screen name “Loosers”?

coacherik

He has male modeling to fall back on. Doesn’t have to open his mouth, pretty much the perfect job for him. He could even pose as a merman, a la Zoolander…

p Man

“Moisture is the essence of wetness, and wetness is the essence of beauty”

ownthelane

Did you watch him swim in Rio??? His career was already over.

ERVINFORTHEWIN

It is fully over for swimming – that was very clear to me form the moment i knew what he did ( lying and inventing a fake story about what HE DID in truth ) – maybe he might ( in a few years time – the time required for everything to get softened ) get into swimming coaching – but even that might not truly work out ….He can now investigate in which NEW Domain he would be able to dive in ….

swissjan

you mean his gold medal in the 4 x 200? He looked pretty damn good there.

CanadianShark

Phelps out split him by 0.7 seconds after swimming a 200 fly final not an hour earlier… 1:46 is not “pretty damn good”.

That result was when I knew the 200 IM wouldn’t be the epic final showdown everyone expected.

swissjan

you know someone is too critical when they thing winning a gold medal isn’t pretty damn good. maybe you’re standards are a tad high.

Yabo Squandrant

He split a 1:46 not exactly quick for lochte

James

He still had a potential for a career in swimming that doesn’t involve competition in the water. And certainly Speedo would have continued to sponsor him long after he was out of major competition as well. .

jeahswim

he will come back with more motivation than ever

Cheatinvlad

I could see him back in the 200IM for the next couple of years at least, but with no sponsors I don’t know what the incentive would be. He a good SCM swimmer, maybe going on that circuit would be an option and he could pick up some prize money.

Attila the Hunt

Well, he can’t make money from world cup circuit if USA swimming/FINA ban him from FINA meets, no?

Cheatinvlad

Are they going to ban him for life? I’m thinking 6 months or so.

Attila the Hunt

6 months?
Doubtful.
I bet it’s at least a year.

Charlotte

Only if someone puts a gun to his head.

Joe Bagodonuts

I see what you did there!

Cheatinvlad
Attila the Hunt

What are you talking about?

doubtful

All the motivation in the planet can’t fix age. Not to be harsh, but its gonna be harder and harder to keep up, and that would still ring true for anyone, let alone someone who has a history of…. let’s call it ‘being a free spirit’.

Vladoper

#ervin..? #vollmer..?

Coach Bambam

torres too. but like many on here to which i agree (and i am a lochte fan)..the sun is setting on his stellar career (undeniable)

as much as I can relate to the antics – its certainly not something to do at his age

Ervin

Hes 4 years older than Vollmer and Ervin does sprints, which I guess Lochte could concentrate on. His 100 and 50 have never been a huge area of focus.

Years of Plain Suck

Contest: What new products can RYAN LOCHTE pitch?

Now that Speedo has dropped him and Ralph Lauren has scrubbed him from their website, Ryan Lochte is looking for new products to endorse.

WHAT ARE YOUR IDEAS?

I suggest ISUZU cars. Remember JOE ISUZU, the lying pitchman for Isuzu from the 1980s and 90s?

Isuzu should bring back Joe Isuzu but starring Ryan Lochte for a whole new generation of savvy social media fans. Can’t lose!

WhatHadHappened

Enron, Skechers, Kardassians …

Yada

Shamwow

About Loretta Race

Loretta Race

Loretta grew up outside Toledo, OH, where she swam age group and high school. Graduating from Xavier University, she stayed in the Cincinnati, OH area and currently resides just outside the city in Northern KY.  Loretta got back into the sport of swimming via Masters and now competes and is …

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