Ryan Lochte has been dropped by all four of his sponsors after he apologized for his behavior on the Today show.
Speedo USA has decided to no longer back the swimmer after he has won 12 Olympic medals. They company decided to instead donate Lochte’s $50,000 to a charity.
All Ryan’s sponsorships reportedly provide him $1 million annually, which is vital money he needs to continue racing and training for the 2020 Olympics.
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