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TMZ Sports2/2/2009 7:48 AM PST BY TMZ STAFF
Speedo Clings to Phelps After Bong Shots

Micheal PhelpsIt doesn't matter what Michael Phelps put in that bong, he's still a hit with Speedo.

The mankini maker slapped Phelps on the wrist over Bong-gate today, but stopped short of axing their multimillion endorsement deal with the Golden Boy. In a statement, Speedo says it "does not condone such behavior and we know that Michael truly regrets his actions."

But they also call Phelps a "valued member of the Speedo team and a great champion." They're clearly hoping the whole thing blows over quickly.

Phelps' had endorsement deals with AT&T and Rosetta Stone, but those expired on December 31st -- long before the bong pics became public.

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Reader Comments

(Page 1 of 5) | 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments
1.

KM:  1106 days ago

Who cares...it wasn't hard core drugs.

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2.

99centz:  1106 days ago

WHERES EVERBODY AT? IM FIRST AGAIN LEAVING YOU ALL IN MY DUST!

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3.

thats right:  1106 days ago

everyone should get high

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4.

aha:  1106 days ago

He regrets it because he got caught. I realy don't care ..he sure can swim!

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5.

big joe:  1106 days ago

start drug testing him.

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6.

THENOW:  1106 days ago

I like this guy even more now!

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7.

cail:  1106 days ago

Obama smokes the dope

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8.

Lord Xenu:  1106 days ago

It would have been funnier if he was doing SPEED instead of weed. It would fit in with his SPEEDO endorsements.

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9.

angelina:  1106 days ago

Leave the guy alone.....He isn't in college having those years to have fun and experiment....who hasn't done crazy andstupid stuff in their 20ties. The person who took this photo and sold is a jerk and will get whats coming to him....they obviously were close to michael. Probably a friend or so Michael thought and then to back stab him and most likely sell the photo to some tabloid....What pieces of crap!!

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10.

hotstuff:  1106 days ago

This is crazy if it was a black person they would have lost their endorsement for sure. It's a bunch of crap if you ask me.

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11.

Lisa:  1106 days ago

I don't care if the guy smokes pot. I just hope he doesn't abuse it to the point where it affects his performance at the World's Championships this coming March. He should be in training right now, so he should lay off the stuff.

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12.

Jatti:  1106 days ago

maybe the weed would make his legs look normal to the rest of his body?? he needs to go away. the summer olympics are over who cares.

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13.

TMZ FAN:  1106 days ago

Speedo's and bongs .. He's a real American

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14.

Joanne:  1106 days ago

He is 23, Swimmers love to party. Give the guy a break!

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15.

SIENNA IS A HOMEWRECKING WHORE:  1106 days ago

I FINALLY have a reason to love the Phelpster!!! ANY human being that can hit a bong AND get 17 gold medals in swimming is awe inspiring to me. I'd like to take this opportunity to challenge him to a smoke off...he can bring one of his gold medals to be used as the medal in our Iron Lungs Contest. I would also like to take this opportunity to say YOU GO BOY!!!

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| 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments