See Michael Phelps react as TODAY unveils his Wheaties box

05:00

Michael Phelps ruled the pool at the Olympics in Rio, adding six more medals to his collection. His total now stands at 28, making him the most decorated Olympian in history. Now Phelps is set to receive another honor after his surprise appearance at the MTV VMAs. Watch his reaction live on TODAY as we reveal his image on the iconic Wheaties box.