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Speedo USA, Ralph Lauren drop Lochte after Rio incident (Yahoo Sports)

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Speedo USA, Ralph Lauren drop Lochte after Rio incident (Yahoo Sports)

FILE - In this Tuesday, Aug. 9, 2016, file photo, United States' Ryan Lochte checks his time in a men's 4x200-meter freestyle heat during the swimming competitions at the 2016 Summer Olympics, in Rio de Janeiro, Brazil. Add two fresh entries to the increasingly popular genre of non-apology apologies. In a span of 15 hours, politician Donald Trump and Lochte both coughed up carefully crafted words of contrition, each without fully owning up to exactly what hed done wrong. (AP Photo/Michael Sohn, File)

Ryan Lochte has lost two majors sponsors after Speedo USA and Ralph Lauren announced they are dumping the swimmer over a drunken incident during the Rio Olympics that he initially described as an armed robbery. Ralph Lauren says its sponsorship of Lochte was specifically in support of the Rio Olympics and the contract will not be renewed.


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