Gold medalist Michael Phelps has returned to the place where he made Olympic History. However, this time he’s going to be swimming for more than gold medals.

His lighting fast backstroke will be for more than $1 million. Phelps has signed a landmark agreement with Mazda in China to become the company’s brand spokesman. Phelps new endorsement agreement includes television commercials and is believed to be the largest single sponsorship deal for a foreign celebrity in that country.

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