Lochte Loses All Four Sponsors After Emotional Apology; Twitter Gloats

Derek de Koff

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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.

Related: 10 Times Ryan Lochte Was A Perfect ‘Sex Idiot’

Speedo USA, Ralph Lauren, hair removal company Syneron Candela, and Japanese mattress designers Airweave have all terminated their working relationship with the airy athlete.

Related: Ryan Lochte Apologizes “For My Behavior”; Won’t Admit He Lied About Being Robbed

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.

Related: UPDATE: Sources Claim Lochte Lied About Rio Robbery; Footage Shows Fight With Security Guard

Here’s Speedo’s official statement regarding the scandal:

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:

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