BUSINESS
02/05/2009 05:12 am ET Updated May 25, 2011

Michael Phelps Signs $1 Million Deal To Promote Mazda In China

Olympic swimmer Michael Phelps is golden in China again.

First he won a record eight gold medals at the Beijing Games.

Now Phelps is getting more than $1 million to be a spokesman for Mazda in China, the largest single sponsorship for a Western celebrity in Chinese history.

Phelps is heading back to Beijing for the first time since the summer Olympic Games. Dynamic Marketing Group's DMG Entertainment unit said in a statement that Phelps will endorse the Mazda 6 car in TV and print ads and public appearances.

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