Saturday, September 12, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

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.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Shoppers walk past a Nike store in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump's decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025.

What Nike’s ‘Embarrassing’ S&P 100 Exit Really Means

Nike’s turnaround is going slower than expected.
Nike store

Nike’s Rumored China E-Commerce Gamble Could Be a Misstep

Nike will reportedly stop letting other companies sell its products online in China.
FILE PHOTO: Golden State Warriors guard Stephen Curry (30) smiles on the court after defeating the Los Angeles Clippers during the play-in rounds of the 2026 NBA Playoffs at Intuit Dome.

Curry’s Li-Ning Deal Is a Shot at His Own Jordan Brand

The NBA star signed a reported 10-year, $300 million deal with Li-Ning.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with NFL RedZone Host Scott Hanson on Season 18, Ads and the ESPN Merger

0:00

Featured Today

Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
September 1, 2026

High School Football Sidelines Are Clogged With Content Creators

Administrators call these amateur newcomers the “pajama paparazzi.”

Taylor Fritz’s Latest Ball Complaint: Retail Ones Are ‘Miserable’

Fritz was knocked out of the US Open in the third round.
September 9, 2026

Late-Night Shelton-Alcaraz Thriller Raises Questions for US Open

Alcaraz and Shelton’s match ended at 3:34 a.m. ET.
September 11, 2026

US Open Ticket Prices Collapse for First Men’s Semifinal

The get-in for Zverev-Khachanov dipped below $30 Friday morning.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
September 8, 2026

Puka Nacua Remains Eligible for Rams Australia Opener

His disciplinary case is still under review.
Sep 5, 2026; San Diego, California, USA; New York Yankees Aaron Judge (99) watches play during the fifth inning against the San Diego Padres.
September 8, 2026

Yankees Ticket Prices Rise as Judge Returns

One of MLB’s top fan attractions is returning to action.
September 7, 2026

Charlie Woods Signs NIL Deal With TaylorMade Golf

Woods has already been mostly using TaylorMade equipment.
September 6, 2026

Williams Sisters Avoid Fines for Skipping US Open Press Conference

The duo has skipped press obligations before.