Phelps was photographed underwater in a tuxedo for the magazine (see behind-the-scenes video), which named him 'Sportsman of the Year'. Apparently with that honor you also get a clunky Photoshop facelift. You may have missed... Anderson Cooper Gets in the Pool with Michael Phelps [tr] (via outsports) ...

Anderson Cooper strips down and races Michael Phelps across a swimming pool in this news clip, losing by a hair, possibly because of his bulky board shorts. It's probably for the best though, considering a Speedo might have revealed just how excited Anderson was to compete against an Olympian. (via HuffPo thanks to Fraulein for the tip)... ...

The money shot of Anderson Cooper's 60 Minutes interview comes at the end of this 13-minute segment on paddle-footed Olympian Michael Phelps when Anderson gets in the pool and races against the swimmer. You'll have to watch to see who won, AFTER THE JUMP... Watch CBS Videos Online ...

Could this interview be any gayer?? I know these two aren't everyone's cup of teabags, but there is something kind of hot about watching SERIOUS JOURNALIST Anderson Cooper race Olympic dolphin Michael Phelps.  ...

Gloria Vanderbilt's son Anderson Cooper and Johnny Quest's dad's hot friend, Race Bannon. (t/y Brooke) ...

In an interview with Anderson Cooper for 60 Minutes, Olympic champion Michael Phelps points out a mistake made by one of his competitors that enabled him to win his record-tying seventh gold medal. He also gets Anderson in the pool for a little uneven relay competition.  Watch the video above.The interview with Phelps will be broadcast on 60 Minutes this Sunday, Nov. 30, at 7 p.m. ET/PT. ...

"Middle-aged mortal" Anderson Cooper – in swim trunks – dives into the pool to race "relatively out-of-shape" Michael Phelps on tomorrow's 60 Minutes. ...

On this Sunday's 60 Minutes, Anderson Cooper has an interview with Olympic hero Michael Phelps. During the interview, Cooper challenged Phelps to a race, with a few conditions to try and even out the playing field. Phelps had to swim underwater, with no breathing, and could only use his legs. Cooper also got to dive in while Phelps could only push off the wall. Plus, Phelps has not really been training since the games and is, for him, sort of out of shape. WATCH: Anderson Cooper (In A Swimsuit) Races Michael Phelps ...