Colbert Nation Sponsoring U.S. Speedskating Team

If you caught The Colbert Report Monday night, you may have wondered, "Is Stephen Colbert and his fans really sponsoring the U.S. Olympic Speedskating Team?"

The answer: Yes. Yes they are.

The odd move comes after the speedskating team lost a major sponsor in DSB Bank, a Dutch company that recently went bankrupt.

Colbert announced his intention - along with his fans - to pick up the slack on Monday night's program. Olympic medalist Dan Jansen was there, along with Bob Crowley, executive director of the U.S. Speedskating program.

"US Speedskating is thrilled to be able to create a unique partnership between one of the greatest entertainers in the industry and one of the great sports in the Olympic movement," said Crowley in a statement. "Embracing the team will provide immeasurable excitement for our sport and very talented athletes."

"We must ensure that it is America's 38-inch thighs on that medal platform," Colbert said during the show.

Fans interested in donating to the team can do so via the Colbert Nation website.