• Ryan Lochte nabs new sponsor after Speedo, others dump him

    NEW YORK (AP) — Ryan Lochte has a new sponsor — Pine Bros. Softish Throat Drops — that says people should give the swimmer “a second chance” after he fell from corporate grace following a drunken incident during the Rio Olympics he tried to pass off as a robbery.

  • In this Aug. 11, 2016, file photo, United States' Ryan Lochte competes in the men's 200-meter individual medley final during the swimming competitions at the 2016 Summer Olympics, in Rio de Janeiro, Brazil. Speedo is the first major sponsor to drop swimmer Ryan Lochte as a sponsor. The swimsuit maker owned by PVH in New York says that it doesn’t condone behavior that is counter to its values. Lochte fabricated a tale that he was robbed at gunpoint in Rio de Janeiro during the Olympics. He later apologized. (AP Photo/Michael Sohn, File)

    Speedo drops sponsorship of Ryan Lochte

    Less than 24 hours after the close of the Rio Olympics, Ryan Lochte took a major financial hit Monday for a drunken incident he initially tried to pass off as an armed robbery.

  • In this Sept. 7, 2013 file photo, members of the Tokyo 2020 delegation celebrate after Tokyo was awarded the 2020 Olympic Games during the 125th IOC session in Buenos Aires, Argentina. The next three Olympics are headed for relatively calmer ports of call in South Korea, Japan and China following the organizational drama surrounding the 2014 Winter Olympics in Russia and the just completed Summer Games in Brazil, but challenges remain, especially when it comes to finances and generating enthusiasm among home audiences. (AP Photo/Victor R. Caivano, File)

    After Rio, Olympics headed for Asian venues seen as safe

    BEIJING (AP) — For the Olympics, it’s so-long Rio, hello Asia.