The good news is that it doesn't appear that there were any serious injuries involved.
The bad news? He got himself into trouble again!
Sources reveal exclusively to PerezHilton.com that Michael Phelps got into a car accident in Baltimore on Thursday evening - and it appears to be the swimmers fault.
Sources tell us that his Escalade was smashed up and he was seen talking to police - barefoot! - on the corner of Biddle St. & Calvert St.
It appears that fishy Phelps hit the car in front of him as he was driving.
And, after the accident, "gawkers started snapping pics of Michael and the car crash and he started freaking out on them, ordering them to delete the photos!"
Calm down, stoner! And LOOK while you're driving!!!
Update: Worse for Phelps!!!!
It appears he ran a red light, thus resulting in the collision!
AND, according to eyewitnesses, he was speeding at over 50 mph!
[Image via WENN.]