Ryan Lochte Bachelor Rumors: Olympic Gold Medalist in a "Three-Way Tie" for Reality Dating Show

Sources tell us exclusively that Lochte has been approached by the show's producers, but is "weighing his options"

Is Ryan Lochte ready to swap gold medals for red roses? 

It's no secret that Lochte is interested in being the next Bachelor, but reports that have the Olympic hottie asking for $750,000 to star on the hit ABC show have been shot down. Lochte's manager Erika Wright tells us this rumor is not true. 

"We have only had preliminary contact with The Bachelor," Wright says in a statement. "Absolutely no figures have been discussed and no one from Ryan's team has made any comment with regard to compensation."

But is Lochte really still interested in looking for love on-camera?

A source exclusively tells E! News that the show's producers have reached out to Lochte about being their next Bachelor.  "No money has been talked about with regard to the Bachelor, but yes, he has been approached," the source says, adding, "He is open to featuring his dating life on TV."

But before you start flooding ABC studios with your audition tapes, ladies, you should know that Lochte might not be the show's first choice.

A show source tells us that in addition to Lochte, they are also seriously considering Bachelorette contestants Arie Luyendyk, Jr. and Sean Lowe, who were fan favorite during the most recent season with Emily Maynard.

"He's one of three along with Arie & Sean," our source says. "He's not the top choice. It's really a three-way tie. My guess is it won't be Lochte, but it keeps changing." We're told a decision needs to be made "soon." 

The Bachelor isn't the only reality dating show interested in reeling in the swimmer.

"Ryan has also been approached for Ready For Love, the Giuliana and Bill [Rancic] hosted show," our source close to Lochte spills. "He is looking at all his options at the moment, but that looks to be a lot of fun as well.

"He's been approached for a variety of things, and he's thinking about everything," the source continues. "ABC have approached him to appear in season two of a new dating show—season one of the show has not aired yet—he's been approached for the Bachelor, and there are other new ideas for pilots that people are talking to him about."

And though he dabbled with acting on his guest appearance on 90210, which is set to air in October, Lochte is only interested in reality TV. "He just wants to be himself, to not be scripted and made to act in a certain way," our source explains. "One show is talking about possibly following his fashion designer career, one is about following him in his own environment as he goes about life post-London Olympics."

However, TV isn't Lochte's main focus, as our source tells us, "The most important thing is that it fits in with his training, anything he does has to come second to that."

Lochte's manager Wright confirms that Lochte is receiving various offers, but his focus still remains on swimming. "At this time we are still fielding several TV offers, but ultimately training for 2016 Olympics remains Ryan's top priority," she says. "Thus, anything in entertainment would have to be scheduled with consideration and deference to his training schedule which will resume shortly. Also at this time Ryan is keeping all of his options open. He is very fortunate to be in this position and is taking every offer with great consideration."

For now, we're told Lochte is "just weighing all his options."