What Is Gabby Thomas’ Net Worth in 2024?

Jennifer Randall, Gabby Thomas’s mother, taught the young athlete to be a go-getter. But things were difficult as Thomas grew up in poverty. Despite all the hardships, she got into Harvard and emulated her mother’s academic achievements. It was in Harvard that Thomas began breaking records. Some of her achievements from 2017-18 are:

• (Indoor) NCAA champion in 200m (22.38).
• 1st NCAA sprint champion in Ivy League history.
• Collegiate record in 200m (22.38).
• Two career-bests at the Ivy League Indoor Track and Field Championships with a 7.25 in the 60m and 12.24m in the triple jump.

But she decided to forgo her senior year of eligibility and turned pro. She moved to Austin and started training full-time. This resulted in her winning a silver in the 4x100m relay and a bronze in the 200m at the Tokyo Olympics. With all this came big sponsorships and big deals. As she is competing in the 2024 Paris Olympics as well, here’s all we know about her net worth and endorsements.

As per Meaww, Thomas has a net worth of between $1 million to $5 million.

Away from professional competition, she has now even partnered with Alexis Ohanian for his groundbreaking initiative – the 778 Invitational. She is raking in quite the moolah from other sources as well. She wants to make her life based on the various talents that she possesses. Her engagement with the Buford-Bailey Track Club and her voluntary service to public health are a few examples.

And such factors have directed her brand engagement as well. Gabby Thomas may not be the top-earning American athlete right now, but she has shown that the brand deals can be carried out on her own terms.

Last year, she claimed both the gold and silver medals in the World Athletics Championships. Apart from that, she clinched the top medal in the Paris Diamond League. So, as per the estimation, she earned $35,000 from individual silver and $20,000 from relay events. Furthermore, she had earnings from her brand engagements with Whoop, Lenovo, and HOTSHOT. This year, Gabby Thomas has her deals with New Balance, Nulo, Modern Luxury, and Eli Lilly and Company intact. 

Each of these deals holds a certain level of importance. Gabby Thomas’ brand engagement with Eli Lilly and Company has come to the fore because of her interest in public health. The same itch has made her do a voluntary job in a public health clinic in Austin. The deal with the pedigree brand Nulo displays Gabby’s affinity toward her pet companions. She also maintains a similar approach to her pug pet, Rico. And New Balance inked a deal with her since her NCAA days in 2018. But this year could be much bigger for her.

2024 is a big year for Gabby Thomas!

This year, Gabby Thomas resides at the third position in the world-leading list of 200m racers in the women’s category. On the other hand, her results are quite consistent compared to others. That places her way above than any other else to bring a gold medal from the 200m event in the Paris Olympics. If she remains successful, she will gain a large sum. 

As per the available data, the USOPC availed a payment of $37,500 for every gold medal winner. Launched in 2017, it has been a part of ‘Operation Gold’. However, the bonus sum for the relay champions is not known. If it remains the same for each team, then Gabby Thomas’ pocket might get an extra $18,750 for being a part of both 4x100m and 4x400m relay teams in the women’s category. Both these teams have earned the Paris Olympic qualification being the table topper.

Apart from that, the World Athletics has already announced a prize of $50,000 for each of the gold winners in the track and field events. So, an extra is on the cards. 

If Gabby Thomas comes out on top in the individual event in that contest, she would avail another $60,000 as the prize money. Adding all of this prize money in a pool of sorts, Gabby Thomas could take almost one-fifth of a million, that too, in just a few months. However, let us not forget the sponsorship and deals Olympic medal winners are offered. They contribute a huge amount to an athlete’s net worth.