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The American Cup is an annual elite senior level international all-around competition that takes place in the United States, and is generally considered to be one of the first major competitions of the gymnastics season, as it is held in March or February of each year. Gymnasts from all over the world are invited to qualify for the competition. While most of the gymnasts who have won the competition were American gymnasts, some foreign gymnasts have won as well, including gymnasts from Romania, USSR, France, Ukraine, Russia, China, and Spain.

In 1978-79 the event was sponsored by Dial and hence was known as the Dial American Cup. After Dial dropped sponsorship it went through several name changes including the McDonald's American Cup (1982–1996), Visa American Cup (1997–2004), Tyson American Cup (2005–2010) and AT&T American Cup (2011-present). With the exception of 2005, it has been exclusively an all-around competition.

In 2011, the FIG included the American Cup as part of the newly revamped World Cup series.

The venue of the competition changes with every year, but it has been known to take place in Madison Square Garden in New York City the year of the Olympic Games. Several of the recent winners of American Cup in Madison Square Garden the year of the Olympics has gone on to be Olympic All-Around Champion.

Douglas' case is unusual. Technically, Jordyn Wieber was the official American Cup Champion in 2012. Douglas competed at the American Cup as an alternate, only competing exhibition routines. She was scored for her routines, but her scores did not count. Had they counted, Douglas would have won the American Cup over Wieber. To some fans, this made Douglas the "unofficial" American Cup Champion.