Phelps swims the men's 200m butterfly final during the U.S. Olympic swimming trials in OmahaMichael Phelps (Reuters/Jeff Haynes) 

Click HERE to watch Michael Phelps’ comeback race. 

UPDATE: Ryan Lochte has scratched from the Charlotte Grand Prix.

COLORADO SPRINGS, Colo. – Olympic gold medalists Michael Phelps (Baltimore, Maryland), Ryan Lochte (Daytona Beach, Florida) and Allison Schmitt (Canton, Michigan), who have combined to win 39 career Olympic medals, are expected to headline next week’s Arena Grand Prix at Charlotte.

The four-day meet is slated for May 15-18 at the Mecklenburg County Aquatic Center.

Other multiple-time American Olympic medalists expected to compete in Charlotte include Elizabeth Beisel (Saunderstown, Rhode Island), Anthony Ervin (Valencia, California), Jessica Hardy (Long Beach, California), Cullen Jones (Irvington, New Jersey), Nick Thoman (Cincinnati, Ohio) and Amanda Weir (Lawrenceville, Georgia).

In total, 50-plus members of the USA Swimming National Team are expected to swim in the four-day meet.

On the local front, Lochte, Jones, Thoman and fellow Olympic medalists Tyler Clary (Riverside, California) and Lauren Perdue (Greenville, North Carolina) will lead a group of over 60 athletes from Charlotte-based SwimMAC Carolina expected to compete.

Universal Sports Network will televise live coverage from the Arena Grand Prix at Charlotte on Friday, May 16 and Saturday, May 17 at 6 p.m. EDT. Click here to find Universal Sports Network on your television provider. Additionally, a live webcast of the entire meet will be streamed online Thursday through Sunday via usaswimming.org.

The Arena Grand Prix at Charlotte is the fifth stop of USA Swimming’s 2013-14 Arena Grand Prix Series, which provides the nation’s best swimmers six opportunities to face top-flight competition on U.S. soil. The series concludes June 19-22 with the Arena Grand Prix at Santa Clara (California).

Conor Dwyer (Winnetka, Illinois) tops the men’s Arena Grand Prix Series standings after four of six meets with 34 points, while Megan Romano (St. Petersburg, Florida) leads the women’s standings with 30.5 points. Click here for a complete leaderboard and additional series information.

(From USA Swimming press release)