You are right, and he is a US citizen, and literally one of the absolute best in the history of swimming. One of the best that ever was eg, in the same league as Maradona, Wayne Gretzky, Mohammed Ali. A household name - and by no means an average representative of the sport. His is an exceptional example.
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Whats my point? Canadian swimmers (even the best Olympians and World champions) more often than not live an obscure life, even those who hold current national and international records. Other than Summer McIntosh or perhaps Penny Oleksiak, I bet you can't name 5 more Canadian swimming superstars without googling them. If one happens *not* to be Mike Phelps, its not a sport where one goes to seek rich endorsements.
Bottom line, you can't honestly accuse parents of swimmers as those looking to mooch off their kids "swimming" incomes. There is literally no income for swimmers who go beyond scholarships obtained in University, other than being carded by Swim Canada - that gets them free training in National centres of excellence and a very modest income. 99% of Swim Parents wind up waaaaaay in the hole fiscally. Ask me how I know.
But, 2X per day practices through their teen years keeps them out of trouble. So, I call it a wash.

