Ryan Lochte loses 3 endorsement deals

in #sports8 years ago

Ryan Lochte lost 3 endorsement deals on Monday after the controversy that unfolded in the Rio gas station.

Speedo had a 10 year deal with Lochte that was signed in 2006. Speedo said in Mondays statement that the $50,000 portion of Lochte's endorsement fee will be donated to a charity.

Ralph Laurens endorsement deal with Lochte was specifically in support of the 2016 Rio games and said they would not be renewing his contract.

Parent company of Gentle Hair Removal, Syneron-Candela, also said they would be ending their relationship with Lochte as well.

Lochte has one more deal with mattress company Airweave, who said they would continue their partnership with him.

Lochte also faces potential disciplinary action from the U.S. Olympic Committee.

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