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Ryan Lochte Responds To Being Dropped By Speedo In New Statement!

| Filed under: Business BlitzRyan LochteSwimmingControversyScandal

Ryan Lochte has something to say about the Speedo news!

Ryan Lochte is taking it like a champ??

As we previously reported, Speedo released a statement on Monday announcing the termination of their longtime sponsorship of the swimmer following his Rio robbery scandal during the Olympics.

The 32-year-old basically owned up to his "immature" behavior in an exclusive interview with Matt Lauer which aired over the weekend, but it clearly wasn't good enough for the swimsuit brand.

Related: Here Are The First Pics Of Scandal-Ridden Swimmer Ryan Lochte!

Following their announcement, Ryan issued his own statement in response:

"I respect Speedo's decision and am grateful for the opportunities that our partnership has afforded me over the years. I am proud of the accomplishments that we have achieved together."

Sounds like Lochte's handling the situation as maturely as possible, which is good since his partnerships with other sponsors are also at stake. Ralph Lauren has already moved the scandalized star from their "Meet The Athletes" page, and a rep from mattress company Airweave says they are "evaluating the situation."

Do U think the swimmer will be able to save face now??

SOUND OFF in the comments (below)!

[Image via Instagram.]

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