Phelps Suspended For 'Bonging'

Yesterday, RadarOnline.com reported how Olympic swimmer Michael Phelps lost a major sponsor, Kellogg, for getting caught smoking pot.

The 23 year-old athlete has now been suspended for three months by USA Swimming, as well. The organization also stopped his financial support for the duration of the punishment.

"This is not a situation where any anti-doping rule was violated, but we decided to send a strong message to Michael because he disappointed so many people, particularly the hundreds of thousands of USA Swimming member kids who look up to him as a role model and a hero," said USA Swimming in a statement.