It replaced the American Cup last year, since the 2020 version counted toward Olympic qualification.
USAG was financially not doing well and without FIG backing most of the bill for the American Cup, it didn’t make sense to hold the event.
GK Elite was the sponsor last year and now they have been joined by Ozone and Turn.
At this point I think it is a smart move. American Cup struggled to get international competitors for years and only managed to get more than 4 when American Cup became a FIG event, but even then it was still a challenge to get a strong roster.
It is now lumped in with MAG, Nastia Liukin, and Elite Cup…a nice group of meets.
Honestly wish that WAG would move into an intra squad type meet to make it more team like, similar to have the ITC was from 97-01 (which I miss and thought were so much fun to watch).
They could split into three teams red, white, blue. Or do two teams and do stars and stripes. Or any potential number of teams. GK elite could show off their new leotards as well by having the gymnasts wear different ones depending on what team they are on.