How much money does michael phelps make in A year?

Michael Phelps' estimated net worth before the London 2012 Olympics was $40 million, and it should increase now that he has retired from swimming.

The International Olympic Committee has a rule that athletes can't endorse products, around the time of the Olympics, from companies that do not sponsor the Olympics. He should be able to increase the number of his endorsement deals in the future, and many of his current deals go through 2016.

Phelps has won the most Olympic medals ever with 22 (18 gold, 2 silver, 2 bronze) from Athens 2004, Beijing 2008, and London 2012.

Updated on Wednesday, August 08 2012 at 09:21PM EDT
Source: espn.go.com/...
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