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

United States' Michael Phelps poses with his gold medal for the men's 4x200-meter freestyle relay swimming final at the Aquatics Centre in the Olympic Park during the 2012 Summer Olympics in London, Tuesday, July 31, 2012.
AP Photo/Matt Slocum
Michael Phelps poses with the gold medal after winning the men's 4x100 medley relay final during the London 2012 Olympic Games on Aug. 4, 2012, in London.

(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"?