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Michael Phelps laughs while talking with coaches during a training session Wednesday, April 23, 2014, in Mesa, Ariz., as he prepares to compete for the first time since retiring after the 2012 London Games. The 22-time Olympic medalist is entered in three events at the Arena Grand Prix starting Thursday.  (AP Photo/Matt York)

Michael Phelps laughs while talking with coaches during a training session Wednesday, April 23, 2014, in Mesa, Ariz., as he prepares to compete for the first time since retiring after the 2012 London Games. The 22-time Olympic medalist is entered in three events at the Arena Grand Prix starting Thursday. (AP Photo/Matt York)

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