Published On: Mon, Aug 22nd, 2016

Speedo drops Ryan Lochte and donates $50, 000 sponsorship fee to charity

Ryan Lochte Apologizes 'For My Behavior' After Rio Robbery Claim - SCREENSHOT _ YOUTUBE

 

“Speedo USA today announces the decision to end its sponsorship of Ryan Lochte, ” the company said in a statement.

“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, ” it said.

“We appreciate his many achievements and hope he moves forward and learns from this experience, ” Speedo USA said of Lochte, who has won a total of 12 medals in Olympic competition during his career, six of them gold.

Lochte, 32, claimed he and three of his teammates — all gold medal winners in Rio — were mugged by robbers pretending to be police after a night out.

Read the full story at sport24 

 

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