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Olympic champ Michael Phelps admits smoking pot!

Michaelphelps Olympic champion swimmer Michael Phelps, who won a record eight gold medals in the 2008 Summer Games, has publicly acknowledged that the photo in "News of the World," purportedly showing him smoking marijuana from a bong, is in fact the real deal.

His statement says:

"I engaged in behavior which was regrettable and demonstrated bad judgment. I'm 23 years old and despite the successes I've had in the pool, I acted in a youthful and inappropriate way, not in a manner people have come to expect from me. For this, I am sorry. I promise my fans and the public it will not happen again."

The British tabloid obtained a photo of Phelps smoking a bong, a water pipe usually used for smoking weed. View the pix here. Check out their amusing headline: What a DOPE!

The photo was allegedly taken at the University of South Carolina in Columbia, where Phelps was reportedly visiting a girlfriend.

Wait, what happened to the Vegas cocktail cutie he took home to meet the parental units?

Will this hurt Phelps' endorsement career?

Is he just blowing off steam?

Or does he need to start watching his step?

Mom, Dad, you need to have a talk with Mikey.

Related posts:

Michael Phelps brings home Vegas girlfriend to meet the 'rents.

Michael Phelps lets his swimmers buff bod go to pot

Michael Phelps plays Dr. McSwimmy!

Photos: Mikey hawks his book, "No Limits: The Will to Succeed." Step #1: Put down the bong!

Credit: WireImage

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Come out of the Dark Ages, world. Millions around the planet, some who would surprise you, have been smoking pot for decades, hiding from law enforcement, and ignorant finger-waggers who know nothing about it. It's relatively harmless, and doesn't ruin people's lives. Dr. Carl Sagan smoked it. (moderator, this is true, it's OK). Holland has turned pot sales into a viable business model. Thanks for your welcomed effort, Michael.

Come out of the Dark Ages, world. Millions around the planet, some who would surprise you, have been smoking pot for decades, hiding from law enforcement, and ignorant finger-waggers who know nothing about it. It's relatively harmless, and doesn't ruin people's lives. Dr. Carl Sagan smoked it. (moderator, this is true, it's OK). Holland has turned pot sales into a viable business model. Thanks for your welcomed effort, Michael.

Come out of the Dark Ages, world. Millions around the planet, some who would surprise you, have been smoking pot for decades, hiding from law enforcement, and ignorant finger-waggers who know nothing about it. It's relatively harmless, and doesn't ruin people's lives. Dr. Carl Sagan smoked it. (moderator, this is true, it's OK). Holland has turned pot sales into a viable business model. Thanks for your welcomed effort, Michael.

WHO CARES?! POT DOESN'T RUIN YOUR LIFE, MAYBE CANNABIS HELPED HIM ENOUGH TO BE THE ATHLETE HE WANTED TO BE? BUT WHO CARES GET OVER IT.

i love litttle michael. i gave him that bong! kahehehe

People need to allow him to have a life. He's been extraordinarily disciplined and deserves to blow off steam. The last three presidents of our country know what it's like to get a buzz. We need to accept public figures are human and not plastic icons.

Honestly? Why on earth does anyone care? What does it matter if Phelps or any other celebrity smokes pot? It doesn't affect our lives at all. Are we so pathetic that we've put total trust in celebs, and, when they break that trust, we blow up the news and splash it across the front page?? I think it's ridiculous that this even qualifies as "news".

A pothead with 8 gold metals? Time to repeal prohibition.

It just goes to show that my parents were right, pot does ruin your body, wait a minute....

jeez give the guy a break gosh

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