Sh*t keeps hitting the fan for Ryan Lochte!
The disgraced swimmer is not only known as a liar after making up a story about being robbed at gunpoint in Rio during the Olympics, but now some of his most lucrative endorsement contracts are being dissolved.
Related: Ryan Kinda Owns Up To Immature Behavior To Matt Lauer
That's gotta hurt more than holding your breath during the 4×200m freestyle relay!
Speedo released a statement Monday essentially ending its relationship with the 12-time Olympic medalist, saying:
That's not all though, as Ryan's image has been removed from Ralph Lauren's "Meet Our Athletes" page as well:
Though it's a major fall from grace for the athlete, we really hope he learns from his mistakes and never lies again.
What do YOU think of these latest developments, Perezcious readers???
[Image via Speedo/Instagram.]
Tags: controversy, olympics, ralph lauren, ryan lochte, scandal, speedo