• Loading stock data...
Thursday, February 12, 2026

Simone Biles Vaults Into History

  • Biles, who has a reported net worth of $6 million, is also making moves in the world of business.
  • Biles landed a Yurchenko double pike — a move no other female gymnast has ever even attempted in competition.
Robert Goddin-USA TODAY Sports

Simone Biles made history last weekend. In her first competition in 18 months, the 24-year-old landed a Yurchenko double pike — a move no other female gymnast has ever even attempted in competition.

A video went viral shortly after, with Biles herself tweeting, “I’m sorry but I can’t believe I completed a double pike on vault.” 

Biles, who has a reported net worth of $6 million, is also making moves in business.

In April, the gymnast left Nike to form a new partnership with Gap-owned Athleta. Biles signed with Nike in 2015, though she only made small appearances for the activewear giant.

“I feel like it wasn’t just about my achievements, it’s what I stood for,” she said about Athleta. “I feel like they also support me, not just as an athlete, but as an individual outside of the gym and the change that I want to create.”

  • Since going pro in 2015, the winner of 30 Olympic and World Championship medals has been sponsored by Visa, Kellogg’s, Beats By Dr. Dre, and Hershey, among others.
  • She released a signature product line of equipment and mats with Spieth America, as well as an autobiography in 2016. 

“Simone Biles represents the quintessential American dream, and that’s what makes her such a powerful brand ambassador,” Nelson Freitas, chief strategy officer at Wunderman New York, told Digiday.

Biles is set to appear in the Tokyo Olympics, which kick off July 23.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

A view of a Nike retail store in New York City.

Feds Probing Nike for ‘Systemic’ Discrimination Against White Workers

“This feels like a surprising and unusual escalation,” Nike said.
exclusive

League One Volleyball Hires Ex-Nike Exec As First Commissioner

Sandra Idehen takes over the women’s league this week.
Puma store

Chinese Sportswear Giant Eyes World Domination With $1.8B Puma Deal

Anta is now the largest shareholder in both Puma and Amer Sports.
Jan 25, 2026; Minneapolis, Minnesota, USA; Minnesota Timberwolves forward Joan Beringer (19) wears Nike shoes in the fourth quarter of the game against the Golden State Warriors at Target Center.

Nike Cuts 775 More Jobs, Pointing to Rougher Road to Recovery

A new set of layoffs is extending a run of challenges for the company.

Featured Today

Epstein Emails Show His F1 Ties Ran Deep

The sex trafficker’s circles included many of the biggest names in F1.
February 6, 2026

Milan’s Olympic Village Is Built for Performance—and Partying

Making Milan’s Olympic Village was a five-year sprint.
February 5, 2026

Welcome to the Prediction-Market Super Bowl

Hundreds of millions of dollars are being traded across many platforms.
Feb 1, 2026; Santa Clara, CA, USA; New England Patriots players arrive prior to Super Bowl LX at San Jose Mineta International Airport.
February 3, 2026

Private Equity Has Reached the Super Bowl

The Patriots are one of four NFL teams with PE investment.

IOC Kicks Ukrainian Out of Olympic Race for Helmet Honoring War Dead

Vladyslav Heraskevych was disqualified Thursday morning.
Jan 17, 2025; Miami, FL, USA; Angel Reese (5) of the Rose takes a shot against the Vinyl in the first half of the Unrivaled women’s professional 3v3 basketball league at Wayfair Arena
February 11, 2026

Angel Reese Rejoins Unrivaled For Team’s Final Three Games

Reese will rejoin Rose BC to finish out the regular season.
February 11, 2026

LA28 Stands by Casey Wasserman After Reviewing Epstein Ties

Abby Wambach and Chappell Roan have left Wasserman this week.
Sponsored

From AUSL to Women’s Hoops: Jon Patricof on Building Leagues

Jon Patricof on athlete equity, fan-first strategy, and how women’s sports can reshape the future of league building.
Tennis legend Serena Williams, seen here waving to the crowd after losing the final match of her career to Ajla Tomljanovic 2022 U.S. Open tennis, has suffered two pulmonary embolisms — the first in 2011 and the second in 2017 after the birth of her first child. She was able to return to competition both times but has also said that she needs to be vigilant for the rest of her life when it comes to early detection of blood clots.
February 10, 2026

Serena Williams Eligible to Make Pro Tennis Return This Month

Williams originally stepped away from tennis in 2022.
February 8, 2026

Lindsey Vonn Breaks Leg at Olympics Days After Tearing ACL

Vonn tore her ACL on Jan. 30.
Feb 4, 2026; Milwaukee, Wisconsin, USA; Milwaukee Bucks forward Giannis Antetokounmpo (34) during warmups prior to the game against the New Orleans Pelicans at Fiserv Forum
February 6, 2026

Giannis Antetokounmpo Takes Kalshi Stake With Restrictions

The Bucks superstar is the first NBA pro to team with a prediction-market platform.
February 6, 2026

Dana White Says He’s No Longer Involved in Matchmaking, Contract Negotiations

Chief business officer Hunter Campbell handles the majority of negotiations.