Yes, this Page Six Blind Item is in no way “news.” But, it is bad, ugly, absurd and totally ridiculous, especially when I keep waking up to financial crisis after financial crisis:

WE HEAR…that Olympic hero Michael Phelps - besides banking a bundle from endorsements - picked up $100,000 for appearing at an LA pool party for a TV network chief’s wife and swimming some laps.

Defamer guesses that the wife is bride-of-CBS Julie Chen. We’re just happy that our most hated (NBC’s Ben Silverman) is single.