![](http://d.yimg.com/us.yimg.com/p/nm/20080903/2008_09_02t225926_450x313_us_swimming_phelps.jpg?x=400&y=278&q=85&sig=GfqwHL7rTf2sger4yDBF9Q--)
The Swimwear manufacturer Speedo gave Michael a one million dollar check for at least tying the record with the 1972 Olympic 7 gold medalist Spitz. With the $1 million dollar bonus Phelps received he is going to start a foundation.
The first initiative by the Michael Phelps Foundation will be an eight-city tour across the United States during which Phelps will discuss his Olympic experiences with children. Sharing is caring; don't you agree?
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