« BACK TO TMZ TMZ

Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

Speedo

Clings to Phelps

After Bong Shots

2/2/2009 7:48 AM PST BY TMZ STAFF

0202_phelps_speedo_bn-1It 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.

For more sports stories, check out tmzsports.com!
61 COMMENTS

No Avatar
1.

KM    

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

2003 days ago
2.

99centz    

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

2003 days ago
3.

thats right    

everyone should get high

2003 days ago
4.

aha    

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

2003 days ago
5.

big joe    

start drug testing him.

2003 days ago
6.

THENOW    

I like this guy even more now!

2003 days ago
7.

cail    

Obama smokes the dope

2003 days ago
8.

Lord Xenu    

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

2003 days ago
9.

angelina    

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!!

2003 days ago
10.

hotstuff    

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.

2003 days ago
11.

Lisa    

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.

2003 days ago
12.

Jatti    

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.

2003 days ago
13.

TMZ FAN    

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

2003 days ago
14.

Joanne    

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

2003 days ago
15.

SIENNA IS A HOMEWRECKING WHORE    

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!!!

2003 days ago
| 1 | 2 | 3 | 4 | 5 | Most Recent | Next 15 Comments

Around The Web