Phelps fallout

Earlier this week, it seemed like Michael Phelps' teammates, fans, and sponsors were sticking by him despite the photo that surfaced showing the record-breaking swimmer smoking marijuana.

Now, however, Phelps is dealing with some unwanted consequences from his bad decision. USA Swimming is suspending Phelps from competition for three months and cut off its financial support to Phelps for the same three months, starting yesterday.

Phelps also turned heads out of the pool when he chose to go with Kellogg's as a cereal sponsor instead of appearing on the time-honored Wheaties box, as most Olympians before him have done.

Michael appeared on the Kellogg's Frosted Flakes and Corn Flakes box throughout the fall, but Kellogg's, just announced that they will not be renewing their sponsorship with him because his recent behavior is not consistent with their image.

So far, other sponsors like Speedo and Omega watches are sticking by Phelps, even going so far as to call it a "non issue." And unlike USA Swimming, the International Olympic Committee continues to back Phelps.

Phelps' is also making waves with his own words this week. In a recent interview, he admitted to making mistakes and using bad judgment, and vowed to learn from his mistakes. But when asked about his future in the pool, Phelps gave an answer that could leave his die-hard fans a little uneasy, saying he was still not sure whether he'd compete in the World Championships in Rome this summer or in the 2012 Olympics. He added that he isn't ready to decide whether swimming will be a part of his long-term career plans.

What do you think of Kellogg's decision? Should other sponsors follow?

What about the USA Swimming's slap on the wrist? Was it a good idea?

Let us know, comment below!