Michael Phelps

Michael Phelps is ready to swim into the sunset.

After winning a total of 16 Olympic medals, including a record eight gold medals in Beijing at the 2008 Summer Olympics, the star says this summer's games will be his last.

Phelps says after the 2012 Olympics in London, he's ready to see what the rest of the world has to offer after devoting virtually his entire life thus far to swimming.

Michael Phelps on 60 Minutes

During Sunday's interview on 60 Minutes, his mother, Debbie Phelps, admitted she'd like to see him compete at the 2016 Olympics in Rio de Janeiro, Brazil.

"C'mon Michael just a 50 freestyle," she begged. "I've never been [to Brazil] before."

"We'll go watch," the 26-year-old replied, letting his mom down easy at least. "But once I retire, I'm retiring. I'm done."

Phelps will need to win at least two more medals in London in order to at least tie with the ultimate record holder: Soviet gymnast Larysa Latynina, who has won 18 medals.

We wouldn't recommend betting against him.

4/20. It's a great day to be high ... on life here at THG.

While the origins of 420 remain hotly debated, but no matter where the term came from, peeps associate it with smoking massive amounts of the marijuana!

So be it then. The 20th day of April has become a de facto holiday, and for good reason. What more of a justification do you need to celebrate than that?

With that in mind, The Hollywood Gossip salutes some famous individuals who have been known to puff the herb from time to time. Some even inhale ...

Soulja Boy. Soulja Boy's rep explains the above image, Tweeted this week, as being taken inside of a California marijuana dispensary earlier this month.

Soulja allegedly just wanted a pic and didn't try to buy any of it ... but the guy was also arrested recently with major amounts of weed, guns and cash.

Bobbi Kristina Brown Bong Video

Bobbi Kristina Brown. The worst thing about the Bobbi Kristina Brown bong video that recently surfaced? Few people were actually surprised by it.

After all, if anyone knows how to clear a three-foot piece with relative ease ... okay that was still pretty surprising. Girl needs to get some help ASAP.

Bill Clinton: I Never Inhaled

Bill Clinton. As President of the United States, William Jefferson Clinton presided over the largest peacetime economic expansion in American history.

But boy, was he a terrible liar. The Lewinsky debacle was technically worse (with perjury charges and all), but "I didn't inhale" was his most absurd moment.

Sorry, Armie Hammer. Your arrest for marijuana possession didn't even make THG's Top 10 favorite marijuana scandals ... though it did inspire us to compile the list!

Note that there are plenty of pot smokers out there who don't appear here simply because they haven't been busted for their antics. We snub them, but they win!

Anyway, take a look at some recent stars involved in weed-related police matters below and vote for which celebrity stoner is your favorite ...

10. Chace Crawford / Matthew McConaughey (tie). The Texans tie for the 10 spot based on the classic mug shots taken after their respective arrests.

9. Snoop Dogg. Snoop's arrest this month was about as shocking as ... the #7 man on this list, who was also cited for possession in the same TOWN!

8. Jermaine Hopkins / Sam Hurd (tie). The Lean On Me star and Chicago Bears player may not be household names ... but were big time DEALERS.

7. Willie Nelson. Seriously, just leave Willie alone cops.

6. Soulja Boy. Recently pulled over with his entourage carrying a bunch of weed, cash and a gun. All in one briefcase. Sometimes you gotta travel light.

5. Michael Phelps. Don't hit the bong after winning a gold medal, kids.

4. Brooke Mueller. Charlie's ex claims her infamous crack pipe incident merely involved weed. Even if you give her the benefit of the doubt, what a mess!

3. Jenelle Evans. Girl can't go 24 hours without smoking up! Or getting arrested. At least some of her probation woes stem from positive drug tests.

Miley Cyrus Bong Video

2. Miley Cyrus. Our #2 scandal didn't even involve weed, necessarily ... but Miles totally smokes it, and who else could compete with this bong video!

1. DMX. The all-time king of celebrity mug shots is only slightly less known for his affinity for the sticky-sticky. Sometimes those things are related!

Who's your favorite celebrity stoner?

Olympic swimming god Michael Phelps has quietly dated a Canadian woman by the name of Ashley Finestone for more than two years, reports say.

The 26-year-old has been exchanging calls, texts and visits with the Montreal native, who he spent time with just this past weekend, in fact.

"Michael was in Montreal last weekend to compete in the Canada Cup and I saw him walking hand-in-hand with Ashley," a source told Radar.

Finestone, a McGill University graduate, was good luck for Phelps, who brought home gold in the 200-meter freestyle and 100-meter butterfly.

"Their relationship started a little over two years ago when they met staying at the same hotel in South Beach over New Years," the insider said.

Fortunately for Michael, and somewhat sadly for celebrity gossip sites:

"Ashley has always been concerned with showing Michael that she would keep their relationship on the down-low and private first and foremost."

Michael has also been linked to Brittny Gastineau and Carrie Prejean of all people in recent years, along with that Caroline "Caz" Pal girl.

It's 4/20, baby. You know what that means, right? THG does.

Well, sort of. The origins of 420 are hotly debated, but no matter where the term came from, people associate it with smoking massive amounts of weed!

As such, the 20th day of April has become a de facto holiday.

With that in mind, The Hollywood Gossip salutes 10 famous individuals who have been known to puff the herb from time to time. Some even inhale ...

Bill Clinton: I Never Inhaled

10. Bill Clinton. As President of the United States, William Jefferson Clinton presided over the largest peacetime economic expansion in American history.

But boy, was he a terrible liar. The Lewinsky debacle was technically worse (what with perjury charges and all), but "I didn't inhale" was pretty legendary.

9. Jeff Bridges. He played The Dude! Enough said, really. But to further our argument for his inclusion, we suggest reading these Big Lebowski quotes.

According to a new report, Brittny Gastineau is missing more than just a letter in her first name. She's also missing her period.

The former reality star, who is somehow dating Olympic champion Michael Phelps, is a few days late, sources tell Radar Online.

"She is heading back to LA now," a menstrual cycle insider says. "She is so late and very worried. She has an appointment with the ob-gyn on Wednesday in Beverly Hills."

Further proof that Gastineau might be knocked up: she was spotted buying a pregnancy test in New York over the weekend, and those that hung out with her on Saturday night say Brittny was drinking soda all night.

It sounds to us like someone should have spent less time practicing the Butterfly and more time practicing safe sex!

Michael Phelps does not have gold medal taste in women.

The Olympic legend was spotted out with socialite Brittny Gastineau over the weekend, as TMZ says its cameras caught the swimmer walking hand-in-hand with the daughter of former New York Jets star Mark Gastineau at the Grove in Los Angeles.

This isn't the first time Phelps has shown questionable taste in the opposite sex. He was once rumored to be dating Carrie Prejean. We agree: he's upgraded!

The 2009 ESPY Awards, which air this Sunday night but were taped earlier this week, honor the best in sports, beauty and, apparently, gigantic breasts.

The event was hosted by Samuel L. Jackson, who always brings another element any place he goes: total and utter coolness.

But was this actor even the coolest person on the red carpet? Swimming champion Michael Phelps appears to have something to say about that.

Take a look at each star below and answer the question that follows:

[Photos: Splash News]

Who looked cooler at the ESPY Awards?

For now, Carrie Prejean remains Miss California.

Donald Trump is expected to announce the fate of this beauty queen at a press conference tomorrow afternoon. (No doubt it will be the greatest press conference in the history of mankind, right The Donald?)

The release of yet another topless Prejean pic is unlikely to help Carrie keep her crown, however, as the third photo in this quasi-nude collection was published early today by TheDirty.com.

It's shown below, side-by-side-by-side with her other two half-naked pictures. Take note: Prejean may lose her crown NOT due to her stance on gay marriage, but because she lied about the number of lingerie pics she posed for.

Meanwhile, remember that rumor about Prejean and Michael Phelps? Follow this article's jump for a picture of the pair partying.

We now know one thing Michael Phelps can do faster than swim:

Evade questions about Carrie Prejean!

At the opening of a clothing store in New York City this week, the Olympic champion was asked about rumors that he and the Miss USA runner-up are an item.

"I'm not dating anybody," he told Us Weekly. "I'm single. My private life stays private."

His pot-smoking life, however, is available for anyone to see!

Michael Phelps says he is not dating Carrie Prejean. Having sex with her whenever he's in California, though? No comment!

Regarding Prejean's anti-gay marriage response during last weekend's beauty pageant, Phelps remained neutral.

"That's the cool thing about America: everybody has their opinion... I'm not saying I support her. I'm not saying I don't support her."

Great. Thanks for playing, Michael.