diff --git a/timm/optim/laprop.py b/timm/optim/laprop.py
index cdb30f58..a17c81e6 100644
--- a/timm/optim/laprop.py
+++ b/timm/optim/laprop.py
@@ -116,6 +116,6 @@ class LaProp(Optimizer):
                 p.add_(exp_avg, alpha=-step_size)
 
                 if group['weight_decay'] != 0:
-                    p.add_(p, alpha=-group['weight_decay'])
+                    p.add_(p, alpha=-(group['lr'] * group['weight_decay']))
 
         return loss
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