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Michael Phelps told Charlie Rose why he’s ‘technically not retired’

Swimming - Olympics: Day 8

RIO DE JANEIRO, BRAZIL - AUGUST 13: Michael Phelps of the United States thanks the crowd after winning gold in the Men’s 4 x 100m Medley Relay Final on Day 8 of the Rio 2016 Olympic Games at the Olympic Aquatics Stadium on August 13, 2016 in Rio de Janeiro, Brazil. (Photo by Clive Rose/Getty Images)

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Michael Phelps was in no rush to make his retirement official after the Rio Olympics.

Some time after the Games, Phelps said in an interview with Charlie Rose -- sitting next to longtime U.S. men’s basketball coach Mike Krzyzewski -- that he had not yet completed paperwork that would take him out of a drug-testing pool and make him ineligible for major competition.

“I am, technically, not retired, but I’m retiring soon,” Phelps said in a video published last Friday, which Rose said was taped in Chicago. “I haven’t signed the papers, but I am retiring.”

Phelps was reportedly in Chicago as far back as September, so he very well could have dotted all the Is by now.

In the 40-minute Rose interview, Phelps and Krzyzewski went deeper into their careers, with Phelps repeating many stories he has often told.

“I’m ready [to retire], and I think this time I’m actually ready,” Phelps said. “I think in ’12, I kind of forced it [retirement].”

In early 2013, Phelps unretired by re-entering the drug-testing pool, becoming eligible to swim in 2014 after a mandatory nine-month waiting period.

Of those drug-testing papers, Phelps reportedly said after his last swim in Rio, “Were the papers here, I’d sign them tomorrow.”

MORE: Phelps leads Golden Goggle nominees