Michael Phelps narrowly beat Ryan Lochte [[ LOCK-tee ]] at the U.S. Olympic swimming trials Wednesday night. Phelps nipped Lochte by five-tenths of a second in the finals of the 200-meter freestyle event in Omaha. The win came after Lochte edged Phelps in the semifinals of the same event Tuesday night. Both men qualified for the Olympic team with the one-two finish. Meanwhile, Lochte beat Phelps in the 400-meter individual medley on Monday night. Both also secured a spot on the U.S. team for that event at next month's London Olympics.