He does comedy, writes books and mixes it up with the hottest stars in music and Hollywood. With all this, who needs swimming?

Certainly not Michael Phelps. But as a presenter at the 2008 Video Music Awards, all that fresh Olympic bling will certainly help.

The swimmer who took home a record-breaking eight gold medals from the Beijing Games joins Miley Cyrus, Scarlett Johansson, Lindsay Lohan and Ciara as presenters at the Sept. 7 VMAs telecast from Los Angeles. British comedian Russell Brand will host.

It's been a busy week for Phelps, who announced he'll write a book about his road to Olympic history.