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Phelps Gives $1M to Young Swimmers

Foundation will promote water safety, healthy living

By Ambreen Ali,  Newser User

Posted Sep 2, 2008 2:03 PM CDT

(Newser) – Michael Phelps says he'll use the $1 million bonus from his sponsor Speedo for tying Mark Spitz's seven gold medals to encourage youth swimmers and water safety. The 23-year-old is starting a foundation "to really help to grow the sport," Phelps told the...   Read full story »

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