Ryan Lochte's Deal with Ralph Lauren Will Not Be Renewed

Ryan Lochte‘s deal with Ralph Lauren will not be renewed following his scandal during the 2016 Rio Summer Olympics.

The 32-year-old Olympic swimmer was just dropped by his sponsor Speedo and now Ralph Lauren has dropped him as well.

“Ralph Lauren continues to proudly sponsor the U.S. Olympic and Paralympic Team and the values that its athletes embody,” the company said in a statement. “Ralph Lauren’s endorsement agreement with Ryan Lochte was specifically in support of the Rio 2016 Olympic Games and the company will not be renewing his contract.”

UPDATE: A third brand has dropped Ryan. Gentle Hair Removal’s parent company Syneron-Candela announced it “will be ending its partnership with Ryan Lochte. We hold our employees to high standards, and we expect the same of our business partners. We wish Ryan well on his future endeavors and thank him for the time he spent supporting our brand.”