In swimming there are 16 gold medals available. No other Olympic sport has that many gold medals available. Phelps is the greatest swimmer of all time because all the great swimmers in history had the same chance of winning as many golds as Phelps in Olympic swimming, but none were as good as Phelps.
But it is quite stupid to use Phelps gold medal count in arguments about who is the greatest olympian. There are many legendary Olympians whose chosen sport didn't present them with more than say 2 or 3 gold medal opportunites. Many others only had a chance to win one gold medal. How the h**l is a Boxer supposed to compete with Phelps gold medal count, when in boxing you have to make your weight class or you will be sent home. Even if a boxer was allowed to compete in many weight classes, there still wouldn't be enough events to win 8 Golds. How the h**l is a Basketball player supposed to compete with Phelps gold medal count, when there is only one Gold medal available in Basketball. Same with many other sports.
I could go and on, but I'm sure you get the point.
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