In a statement released to "The Insider," the swimmer -- who won a record eight gold medals at the Beijing Games -- conceded the authenticity of the exclusive picture published Sunday by the tabloid News of the World. The photo depicted Phelps smoking from a water pipe, commonly referred to as a bong, which is frequently used to smoke marijuana.
Phelps said: "I engaged in behavior which was regrettable and demonstrated bad judgment. I'm 23 years old and despite the successes I've had in the pool, I acted in a youthful and inappropriate way, not in a manner people have come to expect from me. For this, I am sorry. I promise my fans and the public it will not happen again."





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