Michael Phelps Revealed Finer Details of Fabled $1 Million Deal With Speedo Before 2004 Athens Olympics - EssentiallySportsAmerica's Favorites Trending in U.S.A.

Michael Phelps Revealed Finer Details of Fabled $1 Million Deal With Speedo Before 2004 Athens Olympics

Published 07/15/2022, 9:00 AM EDTBy Michael Phelps from the United States of America kisses his medal during the awarding ceremony of the swimming final of men’s 4x100m freestyle relay at the 2016 Rio Olympic Games in Rio de Janeiro, Brazil, on Aug. 7, 2016. The United States won the gold medal with 3 minutes 9.92 seconds./ CHINA OUT The world knows Michael Phelps for setting a record for earning eight gold medals at the Beijing Olympics. However, in 2008, when he won the medals, he revealed a deal with Speedo. Speedo asked Phelps to bring at least seven gold medals in this deal. And as the result of the deal, if Phelps won, Speedo would give him a whopping $1 Million. ADVERTISEMENT Article continues below this ad ADVERTISEMENT Article continues below this ad

How Michael Phelps Foundation works

Phelps Foundation decided to do eight-city tours all over the United States. Speedo also collaborated with Phelps for this good cause. Not just with education, the Phelps program will also help with swimming. ‘Dream, Plan, Reach’ program will also help kids to learn to swim. Phelps Foundation works as a Non-Profit Foundation. Phelps established it in August 2008.

Phelps Birth and Olympic Career

ADVERTISEMENT Article continues below this ad Michael Phelps is a swimmer who understands the difficulty of achieving dreams. Phelps was born in Baltimore, Maryland, USA. Phelps lovers also call him ”The Baltimore Bullet”; undoubtedly, he is the GOAT of swimming. He has won 28 medals all over in the Olympics. He created a legacy when winning eight gold medals in the 2008 Beijing Olympics. Out of 28 medals, 23 medals are just gold. ADVERTISEMENT Article continues below this ad Watch the Story: He has grown up with his mother and sisters in Baltimore. His parents divorced in 1994, and he has struggled a lot in his relationship with his father. When he started swimming at a very little age, his coach convinced him to float on his back to overcome the fear. Phelps married Nicole Johnson on 2016 June 13. He has three kids with Nichole Johnson.

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ADVERTISEMENT Ishani Yadav 412 articlesIshani Yadav is a US Sports author for EssentiallySports. She is pursuing her Bachelor's degree in Journalism from the University of Delhi. Ishani is a big fan of fantasy fiction and comics.Please enable JavaScript to view the ADVERTISEMENT ADVERTISEMENT

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