AdvertisementSpeedo Cancels Its Sponsorship Deal With Ryan LochteAugust 22, 2016Bill ChappellfacebookEmailRyan Lochte competes in the men's 200-meter individual medley final at the Summer Olympics in Rio de Janeiro on Aug. 11. A couple of days later, he reported he had been robbed at a local gas station — a story that turned out to be false. Now Speedo, one of his major sponsors, says it's dropping him. (AP)