Massive Debt Revealed at Center of Olympian’s Shock Divorce

SMALL FORTUNE

Ryan Lochte has been married to former Playboy playmate Kayla Rae since 2018.

LOS ANGELES, CA - FEBRUARY 23: Olympic athlete Ryan Lochte (R) and Kayla Rae Reid attend Kari Feinstein's Pre-Oscar Style Lounge at the Andaz Hotel on February 23, 2017 in Los Angeles, California.  (Photo by Maury Phillips/WireImage)
Maury Phillips/WireImage

Court documents reveal that compounding amounts of debt may have been at the center of Olympic swimmer Ryan Lochte’s decision to call it quits on his marriage of seven years.

Page Six reports that Lochte, 40, and ex Kayla Rae, 33—who announced their separation June 4—have racked up nearly $270,000 in debt over the course of their marriage.

The couple owes around $99,000 in taxes to the Internal Revenue Service (IRS) for the years 2021 and 2022, and in December 2024, they were hit with a bill of $2,231.76 for “unpaid” costs, “late fees,” and “attorney fees” on their home in Gainesville, Florida.

Adding to that, the 12-time Olympic medalist reportedly owes $127,977.73 to the Shands Teaching Hospital and Clinic, where Lochte may have been treated for a November 2023 car accident, Page Six reported.

The hospital added that a separate $39,720.15 was owed for a February 2024 visit.

Swimming: Summer Olympics Preview: Portrait of USA Ryan Lochte with his wife Kayla, daughter Liv and son Caiden at home during photo shoot.
Ryan Lochte with his wife Kayla, daughter Liv, and son Caiden. Simon Bruty/Sports Illustrated via Getty Ima

Reid filed for divorce from Lochte on March 26, according to court docs, Page Six reported. In a statement posted to Instagram, she said it was a “hard decision” she made after “deep prayer and reflection.”

“I hold marriage in the highest regard, so this has been one of the most painful, revealing, and challenging seasons of my life,” she said.

Lochte followed with a statement of his own, saying he was “deeply grateful for the life we’ve built together and especially for the love we share for our three children.”

Lochte and Rae share son, Caiden Zane, 8, and daughters, Live Rae, 5, and Georgia June, 1, together.