Ryan Lochte Gets Dropped By Speedo & Removed From Ralph Lauren's Website Following His Rio Controversy!

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 4x200m freestyle relay!
Speedo released a statement Monday essentially ending its relationship with the 12-time Olympic medalist, saying:

Statement from Speedo, ending its relationship with Ryan Lochte pic.twitter.com/dT0F9WwxSR
— Darren Rovell (@darrenrovell) August 22, 2016

OUCH!!!
That’s not all though, as Ryan’s image has been removed from Ralph Lauren‘s “Meet Our Athletes” page as well:

Ryan Lochte’s name & image has been taken off the Olympic endorser page on Ralph Lauren’s website pic.twitter.com/NKZhTm8peU
— Darren Rovell (@darrenrovell) August 21, 2016

Double ouch!
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.]