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Ryan Lochte Auctions Three Olympic Gold Medals to Tackle Nearly $1 Million in Debt

The decorated swimmer is liquidating relay golds to address debts approaching $1 million.

Overview

  • Lochte listed golds from the 4x200m freestyle relays at Athens 2004, Beijing 2008 and Rio 2016 with starting bids of $20,000 each on Goldin Auctions.
  • He faces about $660,000 in unpaid mortgage debt on a Florida home plus roughly $270,000 in medical, tax and loan obligations, according to reports.
  • The sale also includes three Olympic flags signed by teammates, with listings referencing fellow U.S. stars such as Michael Phelps.
  • In 2022 he sold three silver and three bronze medals through RR Auction for charitable purposes, a contrast to the current debt-driven sale.
  • He has recently disclosed completing rehab and battling depression amid a contentious divorce and custody dispute, and he has announced plans for a memoir.