Speedo announced it dropped its sponsorship of embattled U.S. swimmer Ryan Lochte on Monday.
The swimsuit manufacturer’s decision to cut ties with Lochte comes after a week-long saga that led to Lochte and three other swimmers to be questioned by Rio authorities after Lochte alleged they were robbed at gunpoint.
“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 the behavior that is counter to the values this brand has long stood for,” Speedo USA said in a statement.