Michael Phelps admits it
was a bad move to smoke a bong.
A picture published in a British newspaper
on Sunday showed the Olympic swimming champ inhaling. The photograph was
taken in November, during a house party Phelps was at the University of South
Carolina. Phelps won a record eight gold medals at the Beijing Olympics.
The photo is unlikely to affect his swimming eligibility, but it could affect
the millions of dollars he has secured in endorsement deals. Phelps is a
spokesman for Kellogg's, Mazda, Visa, AT&T and Subway, among others.
Phelps's agent believes the swimming star could earn more than $100 million
over his lifetime.
So -- should Phelps be
punished for his poor judgment? Should companies drop him as a rep?