Former Olympian Ryan Lochte owes $270,000 in debt after divorce from model Kayla Rae Reid
12-time Olympic medalist Ryan Lochte is in the news for all the wrong reasons. The former swimming sensation, whose career was severely dented following the scandal at the Rio 2016 Olympics, is now in serious financial trouble.
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Divorce filings with estranged wife Kayla Rae Reid uncovered that Ryan Lochte is now in debt by more than $270,000, a stunning descent from greatness for one of America's most decorated swimmers.
Ryan Lochte's divorce from Kayla Rae Reid exposes six-figure debt and unpaid taxes
The swimmer and Kayla Rae Reid are in serious financial difficulties, US Weekly reports, citing the documents that were procured by the magazine. It is reported that they owe $270,000, including $99,696.06 (£73,305) in unpaid taxes for 2021 and 2022 to the Internal Revenue Service (IRS) and additional medical bills of $167,697.88 (£123,305).
The couple had been married for 17 years and had three children together. Their love story started in 2015 when they started seeing each other before getting engaged in 2016 and finally tying the knot in 2018. But their fairy tale didn't last long, as allegations of cheating led to their unfortunate split.
Ryan Lochte and Estranged Wife Kayla Reid's Debt Revealed Amid Divorce | E! News
'Kayla and I both wish to keep this matter private for many reasons, most importantly, to protect our children,' Ryan Lochte had told PEOPLE in a statement earlier during their split.
'For that reason, I also won't be commenting on this matter or replying to allegations made by third parties.'
Ryan Lochte had addressed the divorce on social media as well, writing, "This past year has brought major changes for both of us as we've come to the difficult decision to end our marriage. I'm deeply grateful for the life we've built together and especially for the love we share for our three children. I remain committed to healing, growth, and co-parenting with care and respect as we move forward separately."
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Once celebrated as a swimming legend, Ryan Lochte now has to fight another sort of battle—one of financial rebound and personal reclamation. As he becomes embroiled in a public divorce and accumulates debt, fans wonder if he can emerge from this chapter as strong as he was in the pool.
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