When Michael Phelps announced that he would end his retirement and return to competitive swimming, Ryan Lochte’s competition for medals at the 2016 Olympics got a lot tougher, but he also became $1,000 richer.
Lochte recently spoke with NBC-6 in Miami about his preparations for the Rio Olympics, and also mentioned that he bet his rival that he would not be retired for long after the 2012 Games.
"When he first said he retired after 2012, I went to him the next day and said "I bet you $1,000 that you're going to be back. And he was like 'no, no, I won't, I'm done, I'm done.' So he owes me $1,000."
Lochte said Phelps has yet to pay up, and it is unclear if the Olympic legend actually accepted Lochte’s wager.