Following Ryan Lochte’s emotional apology for his “exaggerated” story about being robbed at gunpoint at a gas station in Rio, all four of his corporate sponsors unceremoniously dropped the athlete on Monday.
Speedo USA, Ralph Lauren, hair removal company Syneron Candela, and Japanese mattress designers Airweave have all terminated their working relationship with the airy athlete.
Early Monday morning, mere hours after the Games wrapped up, swimwear maker Speedo USA announced it would be dropping Lochte and donating a hefty portion of his earnings to Save the Children.
Here’s Speedo’s official statement regarding the scandal:
The official response regarding our sponsorship of Ryan Lochte. pic.twitter.com/0DdP2RyceD
— Speedo USA (@SpeedoUSA) August 22, 2016
Lochte reacted to the news with his own terse statement:
I respect Speedo’s decision and am grateful for the opportunities that our partnership has afforded me over the years. I am proud of the accomplishments that we have achieved together.”
Twitter’s peanut gallery was quick to leap on the news, sharing song parodies, faux news articles, and an awesome (albeit fake) interview with Stephen Colbert:
— kathy (@ktd101551) August 23, 2016
R Lochte should’ve taken a page from @HillaryClinton‘s playbook and explained the reason he lied was he “short circuited” or something
— patrickmgleason (@patrickmgleason) August 23, 2016
Report: Ryan Lochte took sniper fire while boarding aircraft in Rio https://t.co/4ktMW4mkM1
— Jax Pavan (@JaxPavan66) August 23, 2016
— Vipul Jasani (@Taxtreats) August 23, 2016
ok i get lochte did a bad thing but this seems to be a bit drastic lol pic.twitter.com/BLSnafgiSk
— olympic hopeful 2020 (@seanwalleesh) August 23, 2016
Ryan Lochte is a spoiled brat and I’m glad he’s getting what he deserves. Hit ’em where it hurts the most, his wallet.
— Luna Love (@happi_ale) August 23, 2016