Michael Phelps

Michael Phelps signs with new swimsuit company

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Michael Phelps found a new swimsuit company after parting with Speedo, but he can’t swim in the new suit just yet.

He’s now with Aqua Sphere, a company designing a racing suit for the first time, according to The Associated Press.

At his first meet since the London Olympics in April, Phelps said his 12-year relationship with Speedo ran out at the end of 2013, he was a suit “free agent” and wore an Arena model in the meantime.

Aqua Sphere was founded in Italy in 1998 with an emphasis on swimming eyewear. Since the company is creating a new suit for Phelps, it must be approved by FINA and can’t be worn in competition until 2015 at the earliest.

Seven-time Olympic medalist Amanda Beard has trained in Aqua Sphere suits.

Phelps signed his first-ever endorsement deal with Speedo in 2001 when he was 16 and had extended the deal for four years in 2009, one year after earning a $1 million bonus from the company for winning eight gold medals in Beijing. He used that money to start his own charity foundation.

“Throughout my career, I’ve been able to do a lot of things with Speedo. The relationship was great,” Phelps told the AP. “But we came to a point where we had an opportunity to really change the sport and grow the sport even more.”

Though Phelps has yet to commit to racing through the Rio Olympics, the Aqua Sphere contract runs through the 2020 Tokyo Games, according to the AP.

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RIO DE JANEIRO, BRAZIL - JUNE 23:  Preparations continue at the Olympic Athlete Village for the 2016 Rio Olympic Games as seen during a media tour of the venue on June 23, 2016 in Rio de Janeiro, Brazil.  (Photo by Matthew Stockman/Getty Images)
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RIO DE JANEIRO (AP) — Thousands of athletes arriving for the Rio de Janeiro Olympics could find major plumbing and electrical problems in their rooms at the Athletes Village with the games opening in just under two weeks.

The International Olympic Committee and local organizers held emergency talks Sunday just hours before the sprawling Athletes Village was set to open officially. The 31-building village will house 18,000 athletes and officials at the height of the games.

This is the latest problem to hit the troubled games.

In a statement Sunday, the Australian Olympic Committee says it will not permit any of its athletes to move into their rooms.

Australian Olympic Committee spokesman Mike Tancred says the building for his team has “leaking pipes, water leaking from the ceiling. We’ve got electrical problems. We’ve got cleaning problems.”

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LAUSANNE, Switzerland (AP) — The IOC rejects bid by Russian whistleblower Yulia Stepanova to compete as neutral athlete in Olympics.