Speedo ends sponsorship of Ryan Lochte - KWWL - Eastern Iowa Breaking News, Weather, Closings

Speedo ends sponsorship of Ryan Lochte

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(NBC) -

Speedo says it cannot condone Lochte's behavior, and will donate $50K of his fee to charity. 

Below is a statement from Speedo USA: 

"Speedo USA today announced the decision to end its sponsorship of Ryan Loche. As part of this decision, Speedo USA will donate a $50,000 portion of Lochte's fee to Save The Children, a global charity partner of Speedo USA's parent company, for children in Brazil. While we have enjoyed a winning relationship with Ryan for over a decade and he has been an important member of the Speedo team, we cannot condone behavior that is counter to the values this brand has long stood for. We appreciate his many achievements and hope he moves forward and learns from this experience." 

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