Michael Phelps Swims For More Than Medals
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His lighting fast backstroke will be for more than $1 million. Phelps has signed a landmark agreement with Mazda in China to become the company’s brand spokesman. Phelps new endorsement agreement includes television commercials and is believed to be the largest single sponsorship deal for a foreign celebrity in that country.
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Take a look back! Highlights from the 2008 Summer Olympics (Gallery)
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