Simone Biles Net Worth 2024: The Reigning Queen Of Gymnastics

Among the companies she’s collaborated with are Athleta, Visa, United Airlines, MasterClass, and UberEats. At the age of 18, Biles sealed a deal with Nike, the specifics undisclosed, and their partnership spanned six years until Biles opted to switch to the inclusive brand Athleta just before the Tokyo Games.She aligned herself with the Octagon sports agency, which also represents notable figures like Aly Raisman and Michael Phelps. Nike announced their sponsorship of Biles via Twitter in November 2015. Shortly thereafter, she struck a deal with GK Elite Sportswear to launch her own line of leotards. Biles also served as a spokesperson for Core Power’s Everyday Awesome team of athletes.In April 2021, Biles announced her transition from Nike to Athleta, a brand under Gap, for apparel sponsorship.

In 2022, Biles ranked No. 10 on Forbes’ list of highest-paid female athletes. With ventures like a Super Bowl commercial, new campaigns for Subway and Powerade, and an activewear collection with Athleta, among others, Biles amassed an estimated $10 million

At the Tokyo Olympics, she encountered the challenge known as “the twisties,” prompting her withdrawal from the event. “Twisties” refer to a condition where a gymnast loses control of their body during aerial twists. Overcoming this setback represented a significant milestone on her path to the upcoming Olympic Games. Now fully prepared, Biles is poised to compete at the 2024 Olympic Games in Paris