Aly Raisman seized the silver with a powerful floor routine in Thursday’s women’s all-round final. On Tuesday, she helped the U.S. women’s team claim gold with a dominant performance. It’s safe to say it’s been a memorable week for Raisman.
Her trip to Rio marked the 5-foot-2 gymnast’s second Olympics. In 2012, she was extremely successful, capturing gold medals in the team and floor competition, and bronze on the balance beam.
Here’s a look at Raisman’s wealth, which is likely to grow after Rio.
1. She Has a Net Worth Estimated at $500,000
Raisman’s net worth is estimated to be around $500,000, according to Celebrity Net Worth.
2. She Turned Pro Before London
Raisman, along with Gabby Douglas turned pro before the 2012 Games. Making the choice to pursue gymnastics professionally meant Raisman forfeited her NCAA eligibility. However, the decision allowed her to cash in on sponsorship deals.
“When you’re No. 1 or No. 2 it’s absolutely something you should do,” agent Sheryl Shade, who represents elite Olympic athletes, including 2008 all-around champion Nastia Liukin told NBC. “When you’re No. 5, the opportunity might not be there.”
3. She Has Signed Endorsement Deals With Ralph Lauren & Kellogg’s
Top performances in the global spotlight can lead to increased marketability and business opportunities for Olympic athletes, such as Raisman.
Even before the 2012 Olympics, the American gymnast struck deals with Polo Ralph Lauren, leotard-maker GK Elite Sportswear, Kellogg’s, and the National Fluid Milk Processor Promotion Board of the “Got Milk?” ads.
“There’s only a couple sports you can pull athletes from, and gymnastics is probably at the top of the list,” Jeff Long, president of sports agency and consultancy Pattison Sports Group, told the Boston Globe. “They’re on TV night after night and night. NBC builds these people into natural endorsers.”
4. She Is a Brand Ambassador for Revision Skincare
Smaller deals can be picked up as a result of social media popularity. These partnerships pair elements such as an athlete’s Instagram account with products that appeal to their audience.
Raisman is a brand ambassador for Revision Skincare, which she credits to keeping her skin clear in spite of the stress, and sweat that comes with rigorous training sessions.
“My partnership with Revision Skincare is very important to me because I used to struggle with skin problems before using their products,” Raisman said in a statement. “I’m constantly sweating as I’m training six days a week and need skincare products that are hydrating and help my skin recover. Revision Skincare products give my skin a hydrating boost and have completely turned my skin around, I’ve tried so many other skincare lines and this is the only one that has worked for me.”
5. She Has Earned $85,000 From Olympic Medals
American athletes winning medals at the Rio Olympic Games receive a cash prize from the U.S. Olympic Committee. The awards vary based on the medal won. Those awards are on top of the actual value of a “gold” medal – which is around $366 for the Rio games. The gold medal is a mixture of a small amount of 24-karat gold, some copper and a lot of sterling silver, according to Time.
At the 2012 London Olympics, Raisman was captain of the gold medal-winning U.S. women’s gymnastics team and individually won a gold medal on the floor and a bronze medal on the balance beam. In Rio, she helped lead the U.S. women’s team, dubbed the Final Five, to capture gold.
With three gold, and one bronze that’s $85,000 in cash payouts. That total is based on $25,000 for each of the three Olympic gold medals Raisman has won, and $10,000 for her bronze.
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