Laurie Hernandez, center, and Biles, far right, and the rest of the U.S. women\u2019s gymnastics team with their Olympic gold medals in Rio de Janeiro in 2016.<\/figcaption><\/figure>\nThough U.S.A. Gymnastics does not report specific revenue from its traditional post-Olympic tour, the organization\u2019s annual financial statements suggest that the series has been a big moneymaker.<\/p>\n
In 2016, when it staged a 36-city post-Olympic tour, U.S.A. Gymnastics reported $12.9 million in what it labeled \u201cnational event revenues.\u201d In 2017, it reported $4.1 million in national event revenues, and in 2018, the last year of available data, just $2.1 million.<\/p>\n
U.S.A. Gymnastics filed for bankruptcy protection in 2018, after more than 100 lawsuits were filed by survivors of Nassar\u2019s abuse, and it is still working through the reorganization process.<\/p>\n
\u201cWhile U.S.A. Gymnastics has no plans for a post-Olympic tour in 2021, we are thrilled that the Gold Over America Tour will allow fans around the country to connect with our sport and the incredible athletes who will be taking part,\u201d Meredith Yeoman, a spokeswoman for U.S.A. Gymnastics, said in an email.<\/p>\n","protected":false},"excerpt":{"rendered":"
A report by Kevin Draper for The New York Times. As part of the deal, Athleta, the new sponsor, has agreed to back a post-Olympic exhibition tour that Biles was…<\/p>\n","protected":false},"author":1,"featured_media":66003,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":""},"categories":[12],"tags":[],"_links":{"self":[{"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/posts\/65842"}],"collection":[{"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/comments?post=65842"}],"version-history":[{"count":1,"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/posts\/65842\/revisions"}],"predecessor-version":[{"id":66004,"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/posts\/65842\/revisions\/66004"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/media\/66003"}],"wp:attachment":[{"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/media?parent=65842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/categories?post=65842"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/3rdcitynews.com\/news\/wp-json\/wp\/v2\/tags?post=65842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}