Well, it seems that Michael Phelps has been dropped by his sponsors over at Kellogg. While he might feel a little guilty, any sadness he may feel should hopefully be tempered by this entry into the Urban Dictionary:
Off the Box:
the state of being removed from a position of prominence/importance due to a foolish mistake. Related to Michael Phelps being dropped by Kellogg after a picture of him with a bong was released
Dude, after that bonehead move you are so off the box.
You know who else if off the box? Your mom.