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Ryan Lochte Loses Last Two Major Sponsors Following Rio Olympics Scandal!

More bad news for Ryan Lochte.

Ryan Lochte's brand has taken a huge hit since his Rio Olympics scandal!

The swimmer received a lot of backlash for "exaggerating" a story of being robbed at gunpoint during this year's games, leaving him with two less sponsors.

Now, the number has doubled.

Following Speedo and Ralph Lauren's lead, both Airweave, a Japanese mattress company, and Gentle Hair Removal have decided to drop the disgraced Olympian.

Related: Ryan Responds To Speedo's Decision!

Despite the CEO of Airweave, Motokuni Takaoka, previously saying they would stand by the 32-year-old, in a statement made on Monday the brand announced:

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Ryan Lochte Could Lose $10 MILLION In Endorsement Deals Over His Rio Robbery Lie!

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Things are not going swimmingly for him right now…

Ryan Lochte may have won a gold medal at the 2016 Summer Olympics, but he really captured the world's attention when he claimed that he and three of his teammates were robbed at gunpoint in Rio de Janeiro.

However, after local authorities confirmed that there actually was no mugging… Ryan finally apologized for his inappropriate behavior on Friday morning (though still didn't technically take responsibility for falsifying a police report).

Related: Authorities Recommend Indictment For Lochte & James Feigen

His privilege may be keeping him from seeing the severity of his actions right now, but we have a feeling that losing MILLIONS in endorsements may just drive the point home!

According to a Forbes estimate, the 32-year-old could say goodbye to anywhere between $5-$10 million in future wages if he loses contracts with brands like Ralph Lauren, Speedo, and Airweave due to

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