Less than 24 hours after the close of the Rio Olympics, Ryan Lochte took a major financial hit Monday for a drunken incident he initially tried to pass off as an armed robbery.
Colts Hoodies Jerseys Sale .In quick succession, four sponsors announced they were dumping the swimmer, who has since apologized and conceded that he embellished what happened during a now-infamous stop at a Rio gas station.Swimsuit company Speedo USA, clothing giant Ralph Lauren and skin-care firm Syneron-Candela issued statements less than three hours apart, all with the same message: Lochte is out. Before the day was done, Japanese mattress maker airweave followed suit, essentially wiping out Lochtes income away from the pool.In addition, Speedo USA said $50,000 that wouldve gone to the 12-time Olympic medalist was being donated to Save The Children to benefit needy youngsters in Brazil.While we have enjoyed a winning relationship with Ryan for over a decade and he has been an important member of the Speedo team, we cannot condone behavior that is counter to the values this brand has long stood for, the prominent swimsuit company said. We appreciate his many achievements and hope he moves forward and learns from this experience.Ralph Lauren, which provided the Polo-branded attire worn by the U.S. team at the opening and closing ceremonies, said it would not be renewing the contract that provided Lochte with financial support leading up to Rio. The statement from airweave said it had a similar arrangement with the swimmer. Both stressed they would continue their support of the U.S. Olympic and Paralympic teams.Syneron-Candela offers a line of skin-treatment products that deal with issues such as wrinkle reduction.We hold our employees to high standards, and we expect the same of our business partners, the company said.Lochte issued a statement through his public relations firm thanking Speedo USA for its long support. He did not immediately address the other companies dropping their endorsements.I respect Speedos decision and am grateful for the opportunities that our partnership has afforded me over the years, Lochte said.Initially, Lochte said he and three teammates -- Jack Conger, Gunnar Bentz and Jimmy Feigen -- were robbed after their taxi was pulled over by armed men posing as police just hours after the swimming competition ended in Rio de Janeiro.That version quickly unraveled when police said the swimmers, who had attended a late-night party, never reported the incident to authorities and there was scant evidence of a robbery. Video surveillance emerged showing the athletes getting into a confrontation with armed security guards over alleged vandalism at the gas station when their taxi pulled over to let them use the restroom.While there have been conflicting versions over whether the guards pulled their weapons on the swimmers, Lochte has since acknowledged he was highly intoxicated and that his behavior led to the confrontation, which resulted in the swimmers paying some $50 in U.S. and Brazilian currency before they were allowed to leave. The incident caused a furor in Rio, where street crime was a major issue heading into the games.Paul Swangard, managing director of the Warsaw Sports Marketing Center at the University of Oregon, said he wasnt surprised by the decision since most of Lochtes marketing value was tied to campaigns prior to the Olympics.I would think it was an easy decision to cut ties now, Swangard said. For someone like Lochte, hes really destroyed almost all of his short-term marketability. Brands can easily seek out other athletes for the next Olympic cycle.The financial costs of losing Speedo and Ralph Lauren are likely to be only the first sanctions that await Lochte, whose antics tarnished a powerful showing by the American team and dominating news away from the stadiums and arenas in the final days of the Rio Games.Both the U.S. Olympic Committee and USA Swimming have indicated that Lochte will be punished, perhaps endangering the 32-year-olds hopes of competing in a fifth Olympics at Tokyo in 2020. He could also face criminal charges in Brazil, where the other swimmers were initially barred from leaving the country until they were interviewed by authorities.Feigen wound up donating just under $11,000 to a Brazilian nonprofit sports organization to settle any potential legal action. Bentz issued a statement saying Lochte tore a sign off a wall at the gas station and got into a heated exchange with the security officers, though Bentz denied the swimmers did any damage to a locked bathroom as authorities alleged.In the last of three interviews with NBC that included ever-changing accounts of the incident, Lochte apologized and acknowledged he over-exaggerated the story. He made a similar mea culpa to Brazils main broadcaster, Globo.Long one of the most popular U.S. athletes, the laid-back swimmer is known for his trademark saying Jeah! and such antics as wearing diamond grillz on the medal stand and dying his hair a silvery color before the Rio Games. Lochte also starred in a short-lived reality television show after the 2012 Olympics.For these games, he qualified in only one individual event, finishing fifth in the 200-meter individual medley, far behind longtime rival Michael Phelps. Lochte did help Phelps and the Americans win gold in the 4x200 freestyle relay.---AP business writers Mae Anderson and Candice Choi in New York and editor Amy Finkelstein in Chicago contributed to this report.---Follow Paul Newberry on Twitter at www.twitter.com/pnewberry1963 . His work can be found at http://bigstory.ap.org/content/paul-newberry .
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http://www.cheapcoltshoodiesjerseys.com/nyheim-hines-hoodie/ . What general manager Dave Nonis called "short and productive" negotiations ended with Kessel signing a US$64-million, eight-year contract on Tuesday.SAN FRANCISCO -- Cornerback Eric Wright failed his physical with the San Francisco 49ers, nullifying a trade to bring him to Northern California from Tampa Bay. He was subsequently released by the Buccaneers. San Francisco coach Jim Harbaugh declined to say specifically what portion of the physical Wright failed and made just a brief statement on the situation. "We dont ever talk about that," Harbaugh said Monday. "The information is he didnt pass his physical, hes not on the team." Thus ends a quirky four-day stretch that began after the 49ers appeared to have acquired the former second-round draft pick from Tampa Bay on Friday in exchange for a conditional draft pick in 2014. Shortly thereafter, reports surfaced that Wright had been arrested a week earlier in Los Angeles on an unspecified misdemeanour charge. Its unclear if the 49ers were aware of Wrights situation when they made the trade. Wright was arrested in 2012 on felony DUI charges and was suspended for four games last season by the NFL for violating the performance-enhancing drug policy in his first season with the Bucs. Wright signed a five-year, $35.3 million contract with the Bucs prior to the 2012 season. The move to trade for Wright immediately raised eyebrows after Harbaughs comments during the teams June minicamp when he made it clear he wouldnt accept players breaking the NFLs policy on performance-enhancing drugs for a perceived edge. Even though Wright was never officially on the 49ers roster, Harbaugh emphasized his message is still the same. "That hasnt changed," he said. "I think our guys do a good job of pplaying within the rules.
Cheap Colts Hoodies Store. " Harbaugh avoided questions about 49ers linebacker Ahmad Brooks legal issues. Brooks allegedly hit teammate Lamar Divens in the head with a bottle multiple times during an altercation on June 8 but avoided prosecution when the Santa Clara district attorneys office declined to file charges because of insufficient evidence. Brooks has met with team officials regarding the incident but Harbaugh declined to say what, if any, discipline the veteran linebacker will face. "Had conversations (with him) but not that were going to talk about out here," Harbaugh said. "Im not publicly discussing what our conversations have been with Ahmad or any of our players." The 49ers held the third day of training camp practice for rookies only. Veterans report on Wednesday, one day before the first full team workout. Michael Crabtree, San Franciscos leading receiver in 2012, wont be among them -- at least not on the field. Crabtree underwent surgery on his right Achilles tendon after tearing it during a practice May 21 and is still in the early stages of rehabilitation. The 49ers arent ruling out Crabtree returning at some point during the season. "I wouldnt categorize it as ahead of schedule because he is just starting to move on it," Harbaugh said. "Its just been healing but it looks great. Thats from the words of the doctor." The news on Kyle Williams is more encouraging. Harbaugh said he is very optimistic Williams will be able to practice when the veterans check in. Williams is coming back from a knee injury suffered late last season.
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