--- title: Sponsors Cut Ties With Ryan Lochte description: Ralph Lauren, Airweave, and Syneron Candela are also cutting ties, according to reports. authors: - name: Alicia Adamczyk url: https://money.com/author/alicia-adamczyk/ at_money_since: 2015 articles: 201 covers: - Lifestyle - Banking - Business - Career Advice - Credit Cards - Economy and Politics - Education - Housing - Identity Theft - Insurance - Investing - Loans - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/aliciaadamczyk former_staff: true published: '2016-08-22T15:27:21.000Z' modified: '2024-05-16T11:35:35.000Z' section: Lifestyle tags: - Olympics 2016 - pubdesk word_count: 284 canonical: https://money.com/speedo-drops-ryan-lochte/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Around the Games - Olympics: Day 7](https://img.money.com/2016/08/gettyimages-588698990.jpg) *Ryan Lochte of the United States attends a press conference in the Main Press Center on Day 7 of the Rio Olympics on August 12, 2016 in Rio de Janeiro, Brazil.* The news just keeps getting worse for Ryan Lochte. After he apparently drunkenly vandalized a gas station in Rio de Janeiro and lied (or as he most recently put it, ["over-exaggerated"](https://time.com/4460401/ryan-lochte-on-rio-robbery-i-over-exaggerated-that-story/)) about what happened — Speedo USA has become the first sponsor to confirm they are dropping their endorsement deal with the swimming star. Speedo released its announcement on Twitter. The swimsuit brand said the company cannot condone his behavior, and will donate a $50,000 portion of Lochte's deal to Save the Children, to help children in Brazil. Syneron Candela, which named Lochte as global brand ambassador for the company's Gentle Laser Hair Removal system in April, has also said it will cut ties with Lochte, according to ESPN's Darren Rovell. Airweave USA, a mattress company, also said it would part ways with the swimmer. As Money reported previously, Lochte benefitted from about $2.3 million in endorsement deals per year as of 2012. For the 2016 Olympics, he had deals with brands including Speedo, Ralph Lauren, and Airweave. [Complex](http://www.complex.com/sports/2016/08/ryan-lochte-name-image-removed-from-olympic-endorser-page-ralph-lauren) reported that Lochte's "name and image" were removed from Ralph Lauren's "Meet Our Athletes" page. According to Reuters, the clothier has said it will [not renew](http://in.reuters.com/article/idINFWN1B30EW) Lochte's contract, and that the endorsement agreement "was specifically in support of Rio 2016 Olympic Games." That means Lochte has no sponsors left. ***Read next: Ryan Lochte Will Likely Lose Millions in Endorsements Amid Rio Scandal*** That's not including all the future endorsement deals he presumably [won't receive now](https://money.com/ryan-lochte-olympics-apology/). As my colleague Brad Tuttle wrote, "\[I\]t’s a safe bet that the scandal will cost the Olympian many millions of dollars over the years." *This post has been updated with news about Ralph Lauren, Airweave, and Syneron Candela.* ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/speedo-drops-ryan-lochte/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Lifestyle", "item": "https://money.com/lifestyle/" }, { "@type": "ListItem", "position": 3, "name": "Sports", "item": "https://money.com/sports/" }, { "@type": "ListItem", "position": 4, "name": "Sponsors Cut Ties With Ryan Lochte" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/speedo-drops-ryan-lochte/#webpage", "url": "https://money.com/speedo-drops-ryan-lochte/", "name": "Sponsors Cut Ties With Ryan Lochte", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2016-08-22T15:27:21.000Z", "mainEntity": { "@id": "https://money.com/speedo-drops-ryan-lochte/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/speedo-drops-ryan-lochte/#breadcrumb" }, "dateModified": "2024-05-16T11:35:35.000Z" }, { "@type": "Article", "headline": "Sponsors Cut Ties With Ryan Lochte", "articleSection": "Lifestyle", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/08/gettyimages-588698990.jpg", "width": 5039, "height": 3359, "caption": "Around the Games - Olympics: Day 7" } ], "author": [ { "@type": "Person", "name": "Alicia Adamczyk", "url": "https://money.com/author/alicia-adamczyk/", "@id": "https://money.com/author/alicia-adamczyk/#author", "image": "https://img.money.com/2016/01/alicia-headshot-2.jpg?quality=85&w=640&h=640&crop=1", "email": "alicia.adamczyk@moneymail.com", "sameAs": [ "https://x.com/aliciaadamczyk" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2016-08-22T15:27:21.000Z", "description": "Ralph Lauren, Airweave, and Syneron Candela are also cutting ties, according to reports.", "abstract": "Ralph Lauren, Airweave, and Syneron Candela are also cutting ties, according to reports.", "@id": "https://money.com/speedo-drops-ryan-lochte/", "inLanguage": "en-US", "dateModified": "2024-05-16T11:35:35.000Z", "wordCount": 284, "keywords": [ "Olympics 2016", "pubdesk" ], "about": [ { "@type": "Thing", "name": "Lifestyle", "sameAs": [ "https://en.wikipedia.org/wiki/Lifestyle" ] }, { "@type": "Thing", "name": "Sport", "sameAs": [ "https://en.wikipedia.org/wiki/Sport" ] } ] } ] } ```