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Sponsors drop Lochte after Rio scandal

Speedo was the first to drop Lochte following his scandal in Rio.

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Japanese mattress maker Airweave, which last week had said it would stand by the 32-year-old, yesterday said it had decided it would not renew the endorsement, which had been made for the Rio Games.

“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 can not condone the behavior that is counter to the values this brand has long stood for”, Speedo shared.

The Rio local said he translated the orders of the security guards to the swimmers and believes the situation was extremely unsafe for the athletes.

“Ralph Lauren continues to proudly sponsor the US Olympic and Paralympic Team and the values that its athletes embody”, the company said on Monday.

Syneron-Candela offers a line of skin-treatment products that deal with issues such as wrinkle reduction.

Gentle Hair Removal’s parent company Syneron-Candela announced Monday, “We hold our employees to high standards, and we expect the same of our business partners”.

“On our way back to the cab, Ryan Lochte pulled a poster in a metal frame off a wall”, Feigen said. News, Lochte said he was “grateful for the opportunities” afforded to him by his ties with Speedo – a 10-year deal that was due to end this year, according to ESPN.

Jimmy Feigen said he was interviewed multiple times by police as he was caught up in the aftermath of Lochte initially telling the news media that they had been robbed at gunpoint Feigen said he was presented with two options by Brazilian prosecutors last week: wait about a month as police conduct its investigation or pay a fine.

Police in Friendswood, Texas, say it was a late-night realtor rendezvous that landed real estate agent Kayla Marisa Seloff and Joshua Gene Leal behind bars on Saturday. It turned out the foursome was vandalizing a gas station by urinating on the property, and when armed security guards confronted them, they were required to pay for the damages.

While there have been conflicting versions over whether the guards pulled their weapons on the swimmers, Lochte has since acknowledged he was highly intoxicated and that his behavior led to the confrontation, which resulted in the swimmers paying some $50 in USA and Brazilian currency before they were allowed to leave. That apology was viewed as insincere and Lochte would later issue another apology where he stated that the people of Brazil and Rio “put on a great game” and that he was sorry for causing them trouble.

“I’m still going to be swimming”, he said. “Brands can easily seek out other athletes for the next Olympic cycle”. Other reports allege they were drunk and broke down a door.

Feigen wound up donating just under $11,000 to a Brazilian nonprofit sports organization to settle any potential legal action.

The report from USA Today is very different from the allegations made by the police in Brazil, who claimed Lochte and his fellow swimmers caused massive amounts of damage.

How does the fallout affect Lochte’s bank account? He made a similar mea culpa to Brazil’s main broadcaster, Globo.

This one must hurt the most considering how long Speedo has been hugging Ryan’s nuts. Lochte also starred in a short-lived reality television show after the 2012 Olympics.

For these games, he qualified in only one individual event, finishing fifth in the 200-meter individual medley, far behind longtime rival Michael Phelps.

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Feigen, who won gold in the 4x100m freestyle relay, admits to omitting facts from his original police statement after claims from Rio police the four testimonies didn’t add up.

Ryan Lochte has won 12 Olympic medals