November 26, 2014 | Updated at 11:53 AM EST The Latest Entertainment & Celebrity News

Gabby Douglas Net Worth: Parents Fight Over Olympian's $100 Million Endorsement Deals

Her parents are struggling to stay close to her and benefit from her millions.

By Ryan Buxton, EnStars on Aug 15, 2012 12:18 PM EDT
facebook tweet this pin it plus
Sign Up for Newsletter
  • Gabrielle Douglas of the U.S. performs her floor exercise during the women's individual all-around gymnastics final in the North Greenwich Arena at the London 2012 Olympic Games August 2, 2012.
  • Gabrielle Douglas of the U.S. performs her floor exercise during the women's individual all-around gymnastics final in the North Greenwich Arena at the London 2012 Olympic Games on Aug. 2, 2012. (Photo : Reuters)

Gabby Douglas is America's newest sweetheart after becoming the first African-American gymnast to win gold in the Olympic all-around competition, but her parents are locked in a bitter battle for her multimillion-dollar endorsement deals.

The 16-year-old, nicknamed the "Flying Squirrel" for her finesse on the gym floor, is slated to earn $10 million in sponsorships and endorsements this year alone, and projections say she could make $100 million over her lifetime. But sources say "'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."

There was beef between the family even before Douglas' star turn in London. Her father Timothy Douglas abandoned Gabby's mother, Natalie Hawkins, and her four children years ago, and Gabby has gone on record saying that he rarely paid child support.

The family drama has been stirring in public since the Olympics. Gabby's paternal grandfather May Douglas told the Enquirer that neither Gabby's father nor his family were given tickets to the London Games, even though they had traveled across the pond to see her.

"We don't know how many tickets were given, and how they were given, we only know they were not given to us," he said.

Reports said the family suspected Natalie Hawkins was behind it and didn't want her ex at the Olympics.

Timothy Douglas recently defended his parenting skills after it was revealed he was arrested on March 8 for contributing to the delinquency of a child, which could net him a year in jail and a fine of up to $2,500.

Gabby's endorsement payday will be a welcome windfall for the family: Hawkins filed for bankruptcy earlier this year with debts totaling almost $80,000.

Gabby has spoken openly about the dire financial straits her father's absence caused.

"It was really hard for us growing up - my dad had left us, so he wasn't really in the picture anymore," she told the New York Post. "So my mom had to front all these bills. My dad didn't really pay the child support. He was short [on money]. It was definitely hard on her part and she had to take care of me and the rest of my siblings."

© 2014 Enstarz, All rights reserved. Do not reproduce without permission.

Tagged :  
facebook tweet this pin it plus
Contribute to this Story send us a tip send us a tip send us a tip
Sign Up for Newsletters

Around The Web

  • SEARCH ENSTARS

Amanda, Fizz, Moniece

Are Fizz and Moniece Back Together? Rumors Fly as she Slaughters Amanda on Instagram & Calls Her Ex, "Mine"

Moniece Slaughter and Lil' Fizz's ex-girlfriend Amanda Secor still don't like each other and they are going at it on Instagram.

Dan Bilzerian

Dan Bilzerian Uses His .50 Caliber To Shoot Fake Watches

It's no secret that Dan Bilzerian likes the finer things in life so it should come at no surprised to learn that he recently took to Instagram to share a video of him shooting fake watches.

Jill Duggar

Derick Dillard's Grandmother Passed Away

Jill Duggar is mourning the loss of her husband Derick Dillard's grandmother.

Karrueche Tran

This is What Karrueche Tran Looked Like in Middle School

Karreuche just shared a photo of what she looked like in middle school. See it here!

Beauty

Find Out the Latest on the Black Friday Makeup Deals at ULTA!

Black Friday is just around the corner. Get the latest on beauty deals you can't miss.

Blake Shelton

Miranda Lambert Reacts To Blake Shelton's Confession

Blake Shelton told wife and fellow country artist Miranda Lambert that there's another woman in his life on Thursday and it seems the Somethin' Bad singer had a pretty intense reaction to it.

Raven Symone

Raven Symone Clears Up Vicious Rumor That Bill Cosby Molested Her

Child actress Raven Symone has cleared up a nasty rumor that's been going around saying that Bill Cosby molested her.

Bethany Mota

Is Bethany Mota's Rumored Boyfriend And 'DWTS' Partner Derek Hough Dating Nina Dobrev?

Could Derek Hough be back with his ex-girlfriend, Nina Dobrev?

Beyonce

10 Perfect Twitter Reactions to Beyonce's New Video, "7/11" + Watch HERE!

After two leaks from Beyoncé's upcoming Platinum Edition album leaked online, she released the singles on her personal website along with a hilarious, home-made video for "7/11." Watch it, here.

Yelawolf

Yelawolf Dishes On 'Shady XV' & Talks About Unexpected Song

While fans have to wait a bit more for Yelawolf's sophomore album, Love Story, they can hear him drop bars on Shady Records' upcoming double disc compilation, Shady XV.

Mary J. Blige

Watch Mary J. Blige's AMA Performance, HERE!

Mary J. Blige performed a new song at the 2014 American Music Awards! Watch it, here.

Sarah Drew

'Grey's Anatomy' Star Sarah Drew Shows Off Baby Bump With 5 Weeks To Go

The 34-year-old actress shared a new photo on Twitter in which she appears makeup-free wearing a blue tank top that accentuates her baby bump.

Wendy Williams

Wendy Williams Has a Scandalous Bill Cosby Story of Her Own, Watch Here

Things are not looking good for Bill Cosby, as more women claim he sexually assaulted them. Now that former fashion model Janice Dickonson has shared her story, Wendy Williams had a story of her own.

Kendra Wilkinson

Is Kendra Wilkinson's Father Using Her For Her Money? Her Mother & Brother Think So

Though she's still trying to get past her marriage issues with Hank Baskett, the drama with her family is also beginning to take its toll on Kendra Wilkinson.

Taylor Swift

Taylor Swift Opens The AMAs With Debut Performance Of 'Blank Space'

One of the biggest artists of the year, Taylor Swift, opened the show at this year's American Music Awards with her debut performance of "Blank Space."

Latest News

Teairra Mari

Teairra Mari Says She's 'So Over' Ray J, But What About The New VH1 Clip of Them Sharing a Kiss?

Teairra Mari and Ray J are not getting back together anytime soon. Find out what she told her co-star Yesi Ortiz about their situation in a brand new interview.

Ellen Degeneres

Ellen DeGeneres Plays Anastasia Steele In Movie Spoof

Ellen DeGeneres may be the talk around town this week because it looks as if fans really want the talk show host to star in the new film 'Fifty Shades of Grey.'

Spencer Pratt and Heidi Montag

Heidi Montag & Spencer Pratt Are Planning For Baby

Heidi Montag is planning for baby after husband Spencer Pratt had a 'change of heart.'

Chris Brown

Chris Brown Speaks Out About Situation In Ferguson

Chris Brown rarely chimes in on major issues in the country, but the singer took to Instagram to share his thoughts on the situation in Ferguson regarding Michael Brown.

Camila Cabello

Why Did Austin Mahone & Camila Cabello Break Up?

Austin Mahone and Camila Cabello reportedly split after he accused the Fifth Harmony star of using their relationship 'to sell albums.'

Kate Middleton, Prince Harry, Prince William

Kate Middleton May Be Getting Prince Harry An Adorable Christmas Gift

Prince Harry may have more than just a little niece or nephew on the way. According to new reports, the Duchess of Cambridge plans to buy her brother-in-law a four-legged friend for Christmas.

Michael Brown protests

Macklemore & Other Celebs Show Respect For Michael Brown's Family.

On Monday, a judge announced that a grand jury would not indict Darren Wilson, the Ferguson, Mo. Police officer involved in the fatal shooting of unarmed black teen Michael Brown.

Bow Wow, Erica Mena

Erica Mena Responds To Wendy Williams Diss, Claps Back At 'Broke' Fan Via Instagram

Love & Hip Hop New York star Erica Mena has responded to Wendy Williams' comments that she and fiancé rapper Bow Wow will not make it to their wedding date.

Angelina Jolie

Is Angelina Jolie Done With Acting? Find Out What She Said

Angelina Jolie says she prefers working behind the camera instead of in front of it, but on Tuesday at the London premiere of her searing prisoner-of-war drama "Unbroken," she added that she is not giving up acting entirely.

Featured Videos

From Our Partners

Pan movie 2015 - Warner Bros

'Pan' Movie Trailer Releases Starring Hugh Jackman, Garrett Hedlund & More, Watch Here (VIDEO)

Watch the new trailer for the upcoming 'Pan' movie starring Hugh Jackman, Garrett Hedlund & more. (VIDEO)

Cleveland Browns v Atlanta Falcons

Cleveland Browns Rumors: Josh Gordon Alienated By Teammates? [VIDEO]

Josh Gordon played well in his first game back from a suspension, but his teammates might be giving him the cold shoulder in the locker room.

Demi Lovato on her former BFF Miley Cyrus: We have nothing in common

Demi Lovato on her former BFF Miley Cyrus: We have nothing in common

Demi Lovato recently answered questions on what the deal is between her and her former best friend and fellow Disney star Miley Cyrus on Boston's The TJ Show.

Dragon Ball Z: Battle of Gods

Dragon Ball Xenoverse Characters: Lord Beerus, Whis, And Giant Ape Vegeta Join The Battle

Dragon Ball Xenoverse will offer a wide range of characters and the ability to create your own, and even more new fighters have been announced.

Will Muschamp

Florida Gators Football News: Florida State Upset A Memorable Send Off For Will Muschamp [VIDEO]

Will Muschamp is hoping to make his final game with the University of Florida one they'll never forget.

Kim Kardashian works it for Elle UK’s Confidence Issue cover

Kim Kardashian works it for Elle UK’s Confidence Issue cover

Kim Kardashian news: For Elle UK’s Confidence Issue, it’s only fitting that they chose someone who has no body issues whatsoever: Kim Kardashian. Elle UK hails Kim as the “poster girl for what can be achieved when you have” self-belief.

Kobe Bryant

Los Angeles Lakers Rumors: Amid 'Struggle,' Kobe Bryant To Change Up Routine To Stay Fresh [VIDEO]

Just days after Los Angeles Lakers coach Byron Scott said that the team will start to limit star Kobe Bryant in practice to keep his legs fresh, the five-time NBA champion said he is changing up his routine to ward off fatigue.

Evolve Trapper Abe

New Evolve 'Making Of' Gameplay Video Highlights The Game's Hunters And Their Balance Of Being Unique Yet Familiar

Evolve developer Turtle Rock Studios aimed to make Hunter gameplay just as memorable as playing as the Monster, and designing that half of the game led them to create characters who were simultaneously new and fresh yet recognizable and comfortable.

Pokemon Omega Ruby / Alpha Sapphire

Pokemon Omega Ruby and Alpha Sapphire Sales Reach 3 Million Copies In Just 3 Days, Titles Still Have Not Launched In Europe

Pokemon Omega Ruby and Alpha Sapphire are off to a pretty good start for Nintendo, selling more than 3 million copies in three days.

Real Time Analytics