Michael Phelps made an announcement on TODAY of the Michael Phelps Swimming Foundation. Phelps announced he will place in the foundation’s funds part of his $1 million bonus received for matching Mark Spitz’s 7 gold medals (before Phelps went on to earn 8).

The purpose of the Phelps Foundation reportedly will be to foster the growth of swimming.

The bonus was reportedly given by Speedo. Phelps made the announcement Tuesday to Matt Lauer on the Today Show and included a road tour of 8 cities to promote swimming.

Phelps’s coach Bob Bowman has just bought a pool. The two are expected to make announcements of their plans with that facility in the coming weeks.

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PICTURES! Here are beauty queen pictures of Michael Phelps’ “friend” Nicole Johnson Miss California 2007 runner up. Beauty queen photos of Nicole Johnson in Michael Phelps dating stories today are wrong across most sites. Many sites are using pictures of the 2007 Miss California winner (some even using Miss California 2006) as the picture of Nicole Johnson (who looks nothing like neither).

Of course, LALATE has found the correct pictures of Johnson. (It’s a hard job searching through tons of beauty queen photos.)

In 2007, Nicole Johnson, Miss Westlake Village finished runner up to Miss California USA, Meagan Tandy (Miss Inland Empire). Nicole is far left in the picture above.

Johnson represented Westlake Village, a community just north of Los Angeles, a town nowhere near Baltimore. Wonder how she met Phelps?

Here are some pictures of Nicole Johnson as beauty queen in the Miss California pageant.

Picture 1 | Picture 2

Johnson is very beautiful. Phelps won’t comment on who he’s dating. Johnson won’t admit the two are dating but does admit they are “very good friends”.

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Michael Phelps on OPRAH! Michael Phelps and Olympic Beijing stars Nastia Liukin and Kobe Bryant, Dara Torres, Misty May-Treanor and Kerri Walsh will join Oprah for the new season premiere of “The Oprah Winfrey Show”.

In total 153 U.S. Olympic team members, plus or minus. The show will be shot at Chicago’s Millennium Park on Wednesday.

Also the purpose of the show - to showcase Chicago as a contender for the 2016 Summer Olympics.

The broadcast is September 8th. This is Oprah’s 23 year season.

You know this is going to be a ratings hit!

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Dara Torres is in surgery! Dara Torres off her 3 silver medals at the Beijing Olympic Games had surgery on her shoulder today. Dara Torres’ surgery is for a distal clavicle resection she has suffered from since the 2000 Olympics.

Torres has earned 12 Olympic medals during her lifetime.

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Jason Kidd is giving his Olympic gold medal to Elaine Wynn, wife of Steve Wynn. Kidd’s medal to Elaine Wynn is a gift. Elaine Wynn must be happy!

NBA basketball great Kidd says the medal is not a payoff for any gambling debts. Rather a promise to give it to Wynn if the Americans won at the Olympics.

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Dig-g-g for that SAMBA! LALATE’s fav Misty May-Treanor on Dancing with the Stars! She’s going to WIN! Misty May joins Dancing with the Stars 7 of her Beijing (and Athens) Olympic Beach Volleyball Gold wins.

AVP must be going crazy this morning with news that its golden girl is set to spike it on the dancefloor. Misty May’s barely has time to wipe the sand off before she hits a soundstage for Season 7 of Dancing with the Stars.

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VIDEO! Watch below Angel Matos banned for life after the Cuban taekwondo athlete kicked referee Chakir Chelbat in the face at the Beijing Olympics. Matos Cuba taekwondo coach Leudis Gonzalez watched Arman Chilmanov loosing to Matos in the match.

But suddenly Matos kicked the referee in the face during this taekwondo’s bronze-medal match.

The result - Gonzalez and Matos banned for life!

Cuban coach Leudis Gonzalez gave no appology. Matos was winning 3-2.

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