Subway is sticking with Michael Phelps despite his bong-tarnished image, Advertising Age reports. One day after Kellogg dropped the Olympian over his marijuana use, Subway said it was "disappointed with his behavior," but, "like most Americans, we accept his apology. Moving forward, he remains in our plans." Subway will likely shelve its first TV campaign with Phelps for now.
America's largest fast-food chain, Subway beat out big-name bidders to secure Phelps to a multi-year deal last December. McDonald's appeared to be one of the bidding war losers. "McDonald's is Goliath, and we're David," a Subway executive said. "Fortunately I have a pretty good slingshot."