Thursday, August 16, 2012

Gabby Douglas’s Parents Battle Over $100 Million Endorsements

 

The Olympic gold medalist will earn a fortune in endorsement deals, and now both of her parents are fighting to get their hands on it! Read on for more details.


Gabby Douglas made history during the 2012 London Olympics as the first African American woman to win the gold medal in the all-around gymnastics competition.


Now, she has nearly $10 million to look forward to in upcoming sponsorships and endorsement deals, and up to $1o0 million during her lifetime, insiders told the National Enquirer.

But her parents, who separated years ago, are fighting to be on their daughter’s good side.

“Both sides of Gabby’s family are jockeying to be in good standing with the goose that laid the golden egg. Meanwhile, poor Gabby is caught in the middle,” a source said.

Gabby’s father Timothy Douglas abandoned her mom, Natalie Hawkins and her four children years ago, when Gabby was just a little girl. He rarely paid child support, Gabby has claimed, according to the Daily Mail.

The two sides of the family have been arguing since Gabby made it to the London Olympics. Her dad and his side of the family came to London, but weren’t given any tickets to her competitions.

“We don’t know how many tickets were given, and how they were given, we only know they were not given to us,” Gabby’s paternal grandmother May Douglas told the National Enquirer.

Another source said Timothy’s family believe Gabby’s mother had “everything to do with them not being able to gain access to Gabby’s competitions,” and they are “furious” about being left out.

Gabby has already signed endorsement deals with Kellogg’s and Proctor & Gamble, and stands to earn more money from additional sponsorships.

“The next six months will be very lucrative,” Gabby’s agent Cheryl Shade told ESPN.

At just 16 years old, it must be so hard being caught in the middle of her family’s arguments. What do YOU think of Gabby’s parents fighting over her money HollyMoms?

Culled from Daily Mail➚

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