'Speedo' Drops Ryan Lochte After Rio Olympics Incident + Interview About The Scandal

[ImInCloud13]

 

Speedo has dropped U.S. swimmer Ryan Lochte as an endorser after he admitted to “over-exaggerating†an armed-robbery claim made during the Rio Olympics. The company also announced it will be donating $50,000 of Lochte’s fee to Save the Children, which will direct the money toward youngsters 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,†the company announced in a statement provided to The Washington Post. “We appreciate his many achievements and hope he moves forward and learns from this experience.â€
Lochte issued his own statement after the news was released.

Click here to view the Tweet

The swimwear company and Lochte signed a reported 10-year deal in 2006, so it was set to expire this year. But Yahoo’s Pat Forde notes that the loss of Speedo will be “a significant blow to Lochte†because swimwear companies often make up a sizable portion of a swimmer’s sponsorship portfolio.
 
“I respect the athletic performance of Ryan, and as long as he is a respectable athlete, he will remain the U.S. ambassador for Airweave as long as our partnership agreement remains effective,†Airweave founder Motokuni Takaoka told Bloomberg. “We are focused on supporting Team USA and our support to them will remain the same.â€
Ralph Lauren has not yet announced its future plans with Lochte, saying last week that it was reviewing the situation in concert with the U.S. Olympic Committee. It has, however, removed Lochte’s name and image from its Olympic endorser page.
 

Click here to view the Tweet

 
Gentle Hair Removal’s parent company said last week that it would “reserve decisions until we have a more complete understanding of the situation.â€
 
Lochte, a 12-time Olympic medalist, already had seen his endorsement opportunities plummet ahead of the Rio Games. He had deals with Gillette, Mutual of Omaha, Nissan, AT&T and Ga­tor­ade ahead of the London Olympics in 2012, but those deals all expired. And, given his advanced age for an Olympic athlete (32), future deals seem unlikely to materialize, especially in the wake of the Rio incident.

 

x

 

 

Ryan on NBC "explaining" himself

 

[kpopisnotmylife]

Ouch

[Sailor Mars]

That's what he gets

[ETB5]

[BP/BP]

i thought he dropped his speedo!!

 

 

 i came in hurry for the nudes. 

[glow]

Good, also his excuse was so weak. It was "immature" but he kept telling his fake story until he was caught - that's more than just immaturity, especially for a 32-year-old

[ImInCloud13]

Good, also his excuse was so weak. It was "immature" but he kept telling his fake story until he was caught - that's more than just immaturity, especially for a 32-year-old

The fact that he still said "but we were pointed with a gun" and theat the interviewer had to come up with the facts again saying but "there was someone who offered you to translate". He just doesn't want to admit he fucked up and he was busted.

[Morning Dew]

That interview tho. Look at those crocodile tears.

[ImInCloud13]

That interview tho. Look at those crocodile tears.

What tears? He didn't shed a single one

 

*sniff* *sniff*

[Morning Dew]

 

What tears? He didn't shed a single one

 

*sniff* *sniff*

 

 

You know what I mean lol. He needs to get out of here with that fake ass "crying".

[Nev Schulman]

Dumb ass.

Good they dropped his ass an donated the money

[Wonsungideuri]

i thought he dropped his speedo!!

 

 

 i came in hurry for the nudes. 

 

Same lol