Michael Phelps says 2017 will be big year in next plunge

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SAN JOSE, Calif. (AP) — Olympic medalist Michael Phelps has a second act in mind, one that might lead him to Silicon Valley. Although the athlete isn’t offering much in the way of specifics.

“I would love to get involved, whether it’s in a couple little startups here and there, take a little risk, have some fun and see where it goes,” Phelps said in an interview during a visit to San Jose.

Tech entrepreneurship would mark a big change for Phelps, whose business experience to date consists mostly of endorsement deals with Under Armour, Visa and Wheaties. These and other big brands have paid him an estimated $75 million during his career. In an advertising campaign that began last month, he became pitchman for the computer chipmaker Intel.

What else might the swimmer, who won 28 medals in five Olympics, do in the tech industry? Phelps wouldn’t say, beyond noting that he isn’t ready to start his own investment fund, like retired Los Angeles Lakers star Kobe Bryant did earlier this summer with entrepreneur Jeff Stibel. If Phelps has ideas for founding a startup of his own, he’s keeping them to himself.

Making the leap from pitchman to businessman is not easy, said David Carter, executive director of the University of Southern California’s Marshall Sports Business Institute. “Athletes come and go and many talk a big game, but they don’t follow through,” he said. Phelps “is really going to have commit to learning about business and demonstrate his seriousness about it.”

Celebrities have had mixed results in the tech startup arena, like anyone else.

Rapper and producer Dr. Dre was part of the founding team that sold Beats to Apple for $3 billion in 2014. The value of an investment fund co-founded by Ashton Kutcher has soared from $30 million, to $250 million since its 2010 inception.

Then there’s HJR Capital, started by former San Francisco 49er lineman Harris Barton. After enticing ex-teammates Joe Montana and Ronnie Lott to join him, the investment firm collapsed in 2009.

In September, former Boston Red Sox pitcher Curt Schilling settled a long running legal dispute with the state of Rhode Island. A $75 million deal brought Schilling’s 38 Studios to the state from Massachusetts. It failed spectacularly within two years.

Phelps is exploring other options. He’s already launched a line of swimwear and other clothing bearing his “MP” logo. Other products are in the pipeline for next year, though he won’t say what.

“I am getting my feet wet,” Phelps said with a grin. “2017 will be a big year.”

VIDEO: Boomer Phelps gets early swimming lessons

Olympian Derrick Mein ends U.S. men’s trap drought at shotgun worlds

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Tokyo Olympian Derrick Mein became the first U.S. male shooter to win a world title in the trap event since 1966, prevailing at the world shotgun championships in Osijek, Croatia, on Wednesday.

Mein, who grew up on a small farm in Southeast Kansas, hunting deer and quail, nearly squandered a place in the final when he missed his last three shots in the semifinal round after hitting his first 22. He rallied in a sudden-death shoot-off for the last spot in the final by hitting all five of his targets.

He hit 33 of 34 targets in the final to win by two over Brit Nathan Hales with one round to spare.

The last U.S. man to win an Olympic trap title was Donald Haldeman in 1976.

Mein, 37, was 24th in his Olympic debut in Tokyo (and placed 13th with Kayle Browning in the mixed-gender team event).

The U.S. swept the Tokyo golds in the other shotgun event — skeet — with Vincent Hancock and Amber English. Browning took silver in women’s trap.

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Mo Farah withdraws before London Marathon

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British track legend Mo Farah withdrew before Sunday’s London Marathon, citing a right hip injury before what would have been his first 26.2-mile race in nearly two years.

Farah, who swept the 2012 and 2016 Olympic track titles at 5000m and 10,000m, said he hoped “to be back out there” next April, when the London Marathon returns to its traditional month after COVID moved it to the fall for three consecutive years. Farah turns 40 on March 23.

“I’ve been training really hard over the past few months and I’d got myself back into good shape and was feeling pretty optimistic about being able to put in a good performance,” in London, Farah said in a press release. “However, over the past 10 days I’ve been feeling pain and tightness in my right hip. I’ve had extensive physio and treatment and done everything I can to be on the start line, but it hasn’t improved enough to compete on Sunday.”

Farah switched from the track to the marathon after the 2017 World Championships and won the 2018 Chicago Marathon in a then-European record time of 2:05:11. Belgium’s Bashir Abdi now holds the record at 2:03:36.

Farah returned to the track in a failed bid to qualify for the Tokyo Olympics, then shifted back to the roads.

Sunday’s London Marathon men’s race is headlined by Ethiopians Kenenisa Bekele and Birhanu Legese, the second- and third-fastest marathoners in history.

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