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LJN secured a major deal in snapping up the rights to all things Phelps, striking an agreement for an undisclosed amount—but close sources suggest a deal of $6.5 million, which isn't exactly Kellog's money... but it's something.
An LJN spokesman said the company is excited about its new title and even plans various spin-off sequels—including Michael Phelps' Drag Race, Puff Puff Pass, and Secret Agent Phelps: Operation Cannabis.
Phelps' doting mother has yet to comment.
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