YOU DECIDE: Should Michael Phelps Return Monies For Public Endorsements And Ads?
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He’s the most decorated Olympic athlete, but should Michael Phelps return monies for public endorsements and ads? You decide…
Published: February 2, 2009
UNDATED—He’s the most decorated Olympic athlete, but should Michael Phelps return monies for public endorsements and ads? You decide…
A picture from a London tabloid shows the 23-year-old Olympian inhaling a bong pipe.
The tabloids say this pic is from a University of South Carolina party. Phelps has admitted to the photo, with an apology, but with millions of endorsements from cereals, cars, and swimwear, some are saying he might have to pay up.
Peter Land, former sports marketing executive: “The sponsors will definitely be checking the fine print. Some of them might have morals clauses that identify this as a breach.“
As of now, the photo won’t apply to his swimming accomplishments because the anti-drug rules apply for athletes who test positive during the competitions.
Let us know in our web poll below if you think Phelps should pay up for his transgression:
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