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Michael Phelps Poses for New Louis Vuitton Ad in a Speedo!

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Aug. 13 2012, Published 12:49 p.m. ET

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The most decorated Olympian of all time is certainly raking in the endorsement deals!

As for the latest? Michael Phelps wears a speedo and only a speedo in a tub full of water in his new Louis Vuitton ad campaign, as pointed out by JustJared. Oh wait - we forgot, he also sports a pair of eye goggles in the photo. Veteran photographer Annie Leibovitz shot the picture.

OK! NEWS: MICHAEL PHELPS LANDS NEW GOLF CHANNEL GIG

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Sounds like the 22-medal Olympian will remain in the spotlight. After all, just yesterday we mentioned he landed a stint on a reality show on the Golf Channel to learn how to play golf! He'll star in The Haney Project and get coached by Hank Haney, former coach of Tiger Woods

OK! NEWS: WILL OLYMPICS CHAMP MICHAEL PHELPS COMPETE ON DANCING WITH THE STARS?

Now, if he puts the same focus and determination on golf as he did to swimming, something tells us he'll be a pro on the green in no time flat!

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