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Michael Phelps loses endorsement deal with Kellogg

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Cereal manufacturer Kellogg will allow its contract with Olympian Michael Phelps to expire at the end of the month, Advertising Age reports. The announcement comes just three days after the appearance of photos in which the swimmer is shown smoking marijuana. “Michael’s mostrecent behavior is not consistent with the image of Kellogg,” said a rep for the company in a statement.

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