Olympic Champ Michael Phelps Donates Million Dollar Bonus to Help Others
"Now, my goals reach beyond the pool, to helping others realize their dreams, and continuing to grow the sport I love so much."
Eight-time gold medalist and Olympic swimmer, Michael Phelps, earned a million dollar bonus along with his medals.
On Tuesday, Phelps announced he is donating that bonus to start a foundation. (Photo: NBCOlympics.com)
According to the Reuters report, first on Phelps' agenda will be an eight city tour across America to share with schoolchildren the Olympic experience.
"Thanks to a lot of hard work, some good fortune, the inspiration I drew from so many supporters around the world, and incredible teammates, I was able to achieve that dream by winning eight gold medals in Beijing," said Phelps, adding, "Now, my goals reach beyond the pool, to helping others realize their dreams, and continuing to grow the sport I love so much."
