The endorsement deals are rolling in for Phelps

@ersmommy1 (12595)
United States
August 18, 2008 7:32am CST
Phelps already is collecting about $5 million a year in endorsement checks. Before the Beijing Olympics, Phelps collected a million-dollar bonus from Speedo.He may be at $30, $40, $50 million a year in endorsements after all this is said and done.Do you think we are seeing the next Tiger Woods or Beckham? That is alot of money.
1 person likes this
3 responses
@mtdewgurl74 (18116)
• United States
24 Aug 08
That is alot of money just for endorsements. I can think of alot of other things that money could be better spent on especially in times like these with the economy looking so bad well..for some anyhow. I am glad he is doing so well.
@sugarfloss (2140)
• Malaysia
18 Aug 08
he might not be as good looking as Ian Thorpe the former Australian freestyle swimmer but any swimmer can easily make tonnes of money from endorsement cheques,I have to agree.
@jillhill (37377)
• United States
18 Aug 08
Probably....Mark Spitz was the same after he became one of the best athelets. I think for all the hard work Phelps has done, after all the barriers he has crossed that he deserves to have some fame and fortune.