Sponsors dropping Ryan Lochte like a hot potato

[True Dough]

Speedo, Ralph Lauren and skin-care firm Syneron-Candela have all dumped Lochte over the side of the pool. And that's no lie!

Speedo USA also said it would donate $50,000 of Lochte's fee 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 behaviour that is counter to the values this brand has long stood for," the prominent swimsuit company said in a brief statement. "We appreciate his many achievements and hope he moves forward and learns from this experience."

Shortly after Speedo USA made its announcement, Ralph Lauren and Syneron-Candela followed suit.
"Ralph Lauren continues to proudly sponsor the U.S. Olympic and Paralympic Team and the values that its athletes embody," said Ralph Lauren, which provided the Polo-branded attire worn by the American team at the opening and closing ceremonies. "Ralph Lauren's endorsement agreement with Ryan Lochte was specifically in support of the Rio 2016 Olympic Games and the company will not be renewing his contract."

http://www.ctvnews.ca/sports/ryan-lochte-loses-3-major-sponsors-1.3038545

[RockaFowler]

1. 2 more

http://www.businessinsider.com/speedo-ends-ryan-lochte-sponsorship-2016-8

On Monday afternoon, mattress company Airweave tweeted that they were ending their sponsorship of Lochte. He also lost his sponsorship deal with Gentle Hair Removal parent company Syneron-Candela, ESPN's Darren Rovell tweeted.