If Michael Phelps breaks Mark Spitz's record of 7 gold Olympic medals in Beijing, Along with the honor of achieving this feat? A $1 million bonus from his swimsuit sponsor, Speedo.
Phelps signed this deal back before the 2004 Olympics in Athens, where he failed to meet the mark. Beijing is his chance to try again, and try again he will. Phelps will swim the 200m and 400m individual medleys, 100m and 200m butterfly, 200m freestyle, and possibly 3 relays in Beijing.
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