BREAKING: Ryan Lochte signs deal to wear floaties for all future swimming events

Kevin Jairaj-USA TODAY Sports

The saga of USA swimmer Ryan Lochte continues. The Swim company Speedo announced today on Twitter that they would be dropping the sponsorship of Ryan Lochte, along with donating $50,000 to a charity partner. It is expected that other sponsors including Ralph Lauren will be expected to be dropping Lochte as well. According to CNN, Speedo's Twitter account took down a picture of Lochte wearing his Olympic medal off of their home page and released this statement regarding the situation. 

Lochte responded to the dropped sponsorship by telling reporters that he respected the decision by Speedo, but is still looking to compete in the 2020 Olympics, so he will have to look else wear for clothing. Since Speedo sponsors most of the men and women on the USA swimming team, it has left many wondering what swim gear Lochte will be sporting for his upcoming events. After releasing his response, Lochte went and agreed to a 10 year contract with Toys-R-Us to wear floaties for all of his future events. You heard that right. Ryan Lochte will not be competing in a speedo, but in pool floaties. This is the first time in swimming history that a major swimmer will be wearing floaties for his competitions. With Michael Phelps uncertain for the 2020 Olympics, Lochte may finally have that competitive edge over everyone else in the sport. 

It is expected that Locate's new swim outfit will consist of 2 arm floaties, one for each arm, and a tube floatie for his torso. According to the contract, there will be some flexibility that will allow for Lochte to choose between a giraffe or alligator for his torso floatie. While this new agreement has made big noise in the swimming community, there have been some contingencies placed into the contract. Since Lochte will be wearing the floaties for all of his future swimming events, he will be given a 10-second head start at the beginning of each race. Lochte also will be required to warm up in the kiddy pool before each race. His contract will be automatically terminated if Tom Brady tampers with the PSI of the floaties or if Lochte lies about peeing in the pool.

This new deal with floaties is expected to be revolutionary in swim wear and Toys-R-Us expects other swimmers to sign with them in the upcoming years.