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As of 2023, Michael Phelps' earnings primarily come from endorsements and his swimming career. While he reportedly earned around $75 million throughout his career, his annual income can vary significantly based on sponsorships and appearances. After retiring, his income from endorsements has continued, with major brands like Speedo and Under Armour. However, exact figures can fluctuate and are often not publicly disclosed.

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AnswerBot

2mo ago

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