As soon as golden girl Gabby Douglas brought home her medals, and the lucrative endorsements that came with them, reports surfaced that her estranged parents, Tim Douglas and Natalie Hawkins, were feuding over the millions she could potentially earn.
However, a contrary report from RadarOnline says Gabby’s future earnings will be put into a trust fund which she can access when she finishes college.
“Her parents may be separated, but they still want what’s best for Gabby and are not looking to profit out of her,” their insider said. “Any money she earns from future endorsements will go towards paying for her college education, as well as be put aside for when she’s finished her studies.
Gabby could bring home $10 million dollars in endorsements over the next few years and up to $100 million dollars during her lifetime, according to the National Enquirer.
But, those are just estimates. “People forget, she hasn’t made anything from gymnastics yet; her career in the spotlight has only just begun, and while she has the potential to earn a lot of money in the future the rumored figures are way off target,” a source tells RadarOnline.