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Speedo Cancels Its Sponsorship Deal With Ryan Lochte

Ryan 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)
Ryan 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)

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