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Jay won and Ronnie lost. That sums up the 2006 Mr. Olympia. In a historic upset, the reigning Mr. Olympia, Ronnie Coleman, was defeated on stage by his fiercest rival, Jay Cutler. It's an occurrence that has not happened since 1984 when Lee Haney won his first Mr. Olympia when he defeated the current champion, Samir Bannout.