Michael Phelps and Ryan Lochte will be competing next week at the U.S. Olympic trials. Both are set to compete in seven swimming events, including six against each other. The two have an impressive list of accolades, Phelps won a monumental eight gold medals in Beijing and Lochte is a six-time Olympic medalist. Lochte is seeded No. 1, ahead of Phelps, in four events: the 200 and 400 I.M.; the 200 freestyle and the 200 backstroke. Phelps is seeded first in the 100 and 200 butterfly.