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Ryan Lochte is banned from swimming through next June and will forfeit $100,000 in bonus money that went with his gold medal at the Olympics, part of the penalty for his drunken encounter at a gas station in Brazil during last month's games.

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Ryan Lochte lost three major sponsors when swimsuit company Speedo USA, clothing giant Ralph Lauren and skin-care firm Syneron-Candela announced in quick succession Monday they were dumping the swimmer over a drunken incident during the Rio Olympics that he initially described as an armed robbery.

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U.S swimmer Ryan Lochte has apologized for his behavior surrounding a late-night incident at a Rio de Janeiro gas station, saying he should have been more careful and candid about how he described what happened.