Forbes reports that Michael Phelps’ agent, Peter Carlisle,
told the world four years ago that his client could earn $100 million over the
course of his lifetime from sponsors. It is an astronomical sum for any
athlete, much less an athlete in a sport that the general public pays attention
to only once every four years.
But Phelps is not like most athletes and he certainly is not
like most swimmers. Phelps cemented his legacy Tuesday, when he became the most
decorated Olympian ever with 19 Olympic medals—one more than Russian gymnast
Larissa Latynina. Phelps tied the record with a silver medal in the 200-meter
butterfly after being outstretched by South Africa’s Chad le Clos. Phelps then
swam the anchor leg in the 4×200-meter freestyle, clinching the gold and the
overall medal record. It was his 15th career gold medal, which is six more than
any other Olympian. Phelps still has three more events to swim in London....
Forget Phelps' homely mug. Or rather get used to it. Phelps has 11 sponsors including, Subway, Hilton, Omega, and
all but two of them use Phelps on a global scale. Speedo is the longest
tenured, having signed Phelps in 2002. Speedo offered Phelps a $1 million bonus
if he could win eight gold medals in Beijing. Phelps used the bonus money to
start the Michael Phelps Foundation. As
popular as Phelps is in the U.S., his stature might be even bigger
internationally…..
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