We were disconsolate when Matthew Mitcham threatened to retire from the world of Olympic diving after the London Games. But our M-A-C-glossed frowns were turned upside down today when we learned that the Aussie hottie has parlayed his experience (and Olympic-carved body) into another fruitful career. Thanks to this new campaign from Funky Trunks, we don't have to pour a beer a glass of Veuve on the diving board in honor of Matthew; it looks like he's on to bigger (just check out his underwear modeling assets!) and better (at least for our lingering eyes) things in the years ahead. 

Check out more of our Hump Day Hottie in his new Funky Trunks campaign after the jump!