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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. Jason Chimera Islanders Jersey .In quick succession, four sponsors announced they were dumping the swimmer, who has since apologized and conceded that he embellished what happened during a now-infamous stop at a Rio gas station.Swimsuit company Speedo USA, clothing giant Ralph Lauren and skin-care firm Syneron-Candela issued statements less than three hours apart, all with the same message: Lochte is out. Before the day was done, Japanese mattress maker airweave followed suit, essentially wiping out Lochtes income away from the pool.In addition, Speedo USA said $50,000 that wouldve gone to the 12-time Olympic medalist was being donated to Save The Children to benefit needy youngsters in Brazil.While we have enjoyed a winning relationship with Ryan for over a decade and he has been an important member of the Speedo team, we cannot condone behavior that is counter to the values this brand has long stood for, the prominent swimsuit company said. We appreciate his many achievements and hope he moves forward and learns from this experience.Ralph Lauren, which provided the Polo-branded attire worn by the U.S. team at the opening and closing ceremonies, said it would not be renewing the contract that provided Lochte with financial support leading up to Rio. The statement from airweave said it had a similar arrangement with the swimmer. Both stressed they would continue their support of the U.S. Olympic and Paralympic teams.Syneron-Candela offers a line of skin-treatment products that deal with issues such as wrinkle reduction.We hold our employees to high standards, and we expect the same of our business partners, the company said.Lochte issued a statement through his public relations firm thanking Speedo USA for its long support. He did not immediately address the other companies dropping their endorsements.I respect Speedos decision and am grateful for the opportunities that our partnership has afforded me over the years, Lochte said.Initially, Lochte said he and three teammates -- Jack Conger, Gunnar Bentz and Jimmy Feigen -- were robbed after their taxi was pulled over by armed men posing as police just hours after the swimming competition ended in Rio de Janeiro.That version quickly unraveled when police said the swimmers, who had attended a late-night party, never reported the incident to authorities and there was scant evidence of a robbery. Video surveillance emerged showing the athletes getting into a confrontation with armed security guards over alleged vandalism at the gas station when their taxi pulled over to let them use the restroom.While there have been conflicting versions over whether the guards pulled their weapons on the swimmers, Lochte has since acknowledged he was highly intoxicated and that his behavior led to the confrontation, which resulted in the swimmers paying some $50 in U.S. and Brazilian currency before they were allowed to leave. The incident caused a furor in Rio, where street crime was a major issue heading into the games.Paul Swangard, managing director of the Warsaw Sports Marketing Center at the University of Oregon, said he wasnt surprised by the decision since most of Lochtes marketing value was tied to campaigns prior to the Olympics.I would think it was an easy decision to cut ties now, Swangard said. For someone like Lochte, hes really destroyed almost all of his short-term marketability. Brands can easily seek out other athletes for the next Olympic cycle.The financial costs of losing Speedo and Ralph Lauren are likely to be only the first sanctions that await Lochte, whose antics tarnished a powerful showing by the American team and dominating news away from the stadiums and arenas in the final days of the Rio Games.Both the U.S. Olympic Committee and USA Swimming have indicated that Lochte will be punished, perhaps endangering the 32-year-olds hopes of competing in a fifth Olympics at Tokyo in 2020. He could also face criminal charges in Brazil, where the other swimmers were initially barred from leaving the country until they were interviewed by authorities.Feigen wound up donating just under $11,000 to a Brazilian nonprofit sports organization to settle any potential legal action. Bentz issued a statement saying Lochte tore a sign off a wall at the gas station and got into a heated exchange with the security officers, though Bentz denied the swimmers did any damage to a locked bathroom as authorities alleged.In the last of three interviews with NBC that included ever-changing accounts of the incident, Lochte apologized and acknowledged he over-exaggerated the story. He made a similar mea culpa to Brazils main broadcaster, Globo.Long one of the most popular U.S. athletes, the laid-back swimmer is known for his trademark saying Jeah! and such antics as wearing diamond grillz on the medal stand and dying his hair a silvery color before the Rio Games. Lochte also starred in a short-lived reality television show after the 2012 Olympics.For these games, he qualified in only one individual event, finishing fifth in the 200-meter individual medley, far behind longtime rival Michael Phelps. Lochte did help Phelps and the Americans win gold in the 4x200 freestyle relay.---AP business writers Mae Anderson and Candice Choi in New York and editor Amy Finkelstein in Chicago contributed to this report.---Follow Paul Newberry on Twitter at . His work can be found at Barzal Islanders Jersey .5 million, one-year contract on Friday. Hawkins, who turns 41 in December, will compete with Rex Brothers for the closers role at spring training. Denis Potvin Islanders Jersey . There are some early surprises in the race for the Hart Trophy, but two of the contenders are the leagues biggest stars over the past decade. There are many more players in contention for the awards than just the three that Ive named, and a good or bad week can easily alter the landscape, but through the first 20 or so games of the NHL season, this is how the awards races look to me. . -- About a third of the way through the regular season, the Washington Wizards are at . Andy Murray put his doubles disappointment behind him to move safely through to the third round of the singles with victory over Juan Monaco in Rio.The world No.2 was very upset after he and brother Jamie lost their doubles opener on Sunday night. The pair had set their sights firmly on a medal after their Davis Cup heroics together but were beaten by Brazilians Thomaz Bellucci and Andre Sa.Around the same time, Murrays chances of a second successive singles gold improved significantly when Novak Djokovic was beaten by Juan Martin Del Potro in the singles. Del Potros Argentinian teammate Monaco, ranked 107, appeared to hold few fears for Murray and so it proved as the world number two prevailed 6-3 6-1 after only 69 minutes.Murray won the first three games, was pegged back to 3-2, but quickly forged ahead again, coming out on top of most of the long rallies and clinching the set with his fourth ace. Monaco, who could well be an opponent for Murray in Septembers Davis Cup semifinal, had won two of his previous five matches against the Scot but both were more than five years ago.The many Argentinians in the crowd were providing loud support to Monaco but hiss serve was taking a pounding and Murray quickly moved into a 4-0 lead in the second set. Mikhail Grabovski Islanders Jersey. .The Scot, whose potential quarter-final opponent David Ferrer was knocked out by Evgeny Donskoy, kept his foot firmly on Monacos throat and a missed backhand from the Argentinian sealed his fate.Meanwhile, it was confirmed on Tuesday that Jamie Murray and Johanna Konta will be Britains entry in the mixed doubles. Andy also entered with Wimbledon champion Heather Watson but her ranking of 66 left them 18th in the entry list, which is decided on combined rankings, for the 16-team draw.Rafael Nadal, who is still in singles and doubles, will challenge for a third medal alongside French Open champion Garbine Muguruza while Venus Williams hopes of a fifth Olympic gold are still alive after she entered with Rajeev Ram.Djokovics Games are definitely over, though, and the world number one revealed after his doubles loss on Monday night that he will skip the Masters event in Cincinnati next week and will not play again until the US Open. Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Jerseys From China Cheap NFL Jerseys Authentic Wholesale Jerseys China Cheap NFL Jerseys China NFL Cheap Jerseys ' ' '