Celebrity News

Phelps Endorsements to Go Up in Smoke?

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The net has been abuzz since Michael Phelps' pot pix hit the web, but will the bongin' snapshots really cost the swimmer his endorsement deals?

'Extra' thinks that's just blowing smoke. The golden boy released a statement calling the picture "bad judgment" and "regrettable," and while the cannabis candid caused quite a stir, experts say it shouldn't hurt his multiple endorsement paydays.

Michael soared to worldwide fame during the 2008 Beijing Games, where the fish-like swimmer nabbed a record-breaking 8 gold medals, bringing his lifetime total to 14.

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