Speedo USA announced they have ended their sponsorship of Team USA Olympic swimmer, Ryan Lochte.
AirWeave, a mattress company, released a statement in regards to Lochte and the future of their partnership:
“AirWeave is a proud sponsor of the U.S. Olympic and Paralympic Teams and our dedication to the athletic achievement is unwavering. Our endorsement agreement with Ryan Lochte was in support of the Rio 2016 Olympic Games. After careful consideration, we have made the decision to end our partnership with Ryan Lochte. We remain committed to supporting Team USA and the athletes preparing for the Paralympic Games.”
“I was to apologize for my behavior last weekend — for not being more careful and candid in how I described the events of that early morning and for my role in taking the focus away from the many athletes fulfilling their dream of participating in the Olympics, the statement read. “I waited to share these thoughts until it was confirmed that the legal situation was addressed and it was clear that my teammates would be arriving home safely.”
Lochte also conducted an exclusive interview with The Today Show over the weekend.