Phelps Wins #7 By 0.01

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He did it! By a fingernail!

Michael Phelps has tied Mark Spitz's 36-year-old record of seven goal medals in a single Olympics. The swimming phenom won the 100-meter butterfly final in Beijing in the closest finish imaginable -- one-hundredth of a second.

On the final stroke, Phelps beat Milorad Cavic (KAH'-vihch) of Serbia to the wall. It was the first race of these games in which Phelps didn't set a world record. He set an Olympic record -- 50.58 seconds.

That's seven gold medals in seven events for Phelps, who owns 13 gold medals in his career.

The 23-year-old Phelps can break Spitz's record in the 4-by-100 medley relay Saturday.

His hometown Baltimore Ravens are into Phelps-mania. The NFL team has received special permission from NBC to show Phelps' final race live on the stadium SmartVision boards after Saturday night's preseason game.