Michael Phelps on doing "Dancing with the Stars": "Not ruling anything out"

(CBS News) Ryan Lochte and Michael Phelps have competed against one another in the pool, but how would they fare in a face-off on the dance floor?

Lochte has said he'd be interested in participating on "Dancing with the Stars," and Phelps seems to be open to the idea, too.

Pictures: Michael Phelps
Pictures: Ryan Lochte
Read More: A "Dancing With The Stars" timeline

"I haven't really been known for my dancing. I know everyone who's done it - I've talked to [speed skater Apolo Anton Ohno] and [swimmer Natalie Coughlin] about it, and they said they've enjoyed it and had a blast," Phelps told Us Weekly on Tuesday. "I won't say I'm ruling anything out, who knows?"

On Sunday, Lochte told the magazine that he wouldn't rule out a stint on the show - and that he'd like to compete against Phelps.

"Since I'm so used to competing against Michael Phelps, I'd have him on the [Dancing with the Stars]," he said. "I could do 'Dancing with the Stars'! Yeah, I think so."

If the two swimmers were to sign on, they wouldn't be the first Olympians to cha-cha, waltz and foxtrot on the ABC show - along with Ohno and Coughlin, gymnast Shawn Johnson, ice skater Evan Lysacek, beach volleyball player Misty May-Treanor and soccer player Hope Solo have also participated.

Tell us: Would you want to see Phelps and Lochte on "Dancing with the Stars"?