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Owing more between $10M and $50M, Grand Slam Track files for bankruptcy; Johnson vows to press on
Grand Slam Track owes between $10 million and $50 million to creditors after canceling its final event and holding less than $50,000 cash, court documents show.
- Grand Slam Track, a league fronted by Michael Johnson offering high prize money for runners, has filed for bankruptcy owing between $10 million and $50 million.
- The league had signed top athletes like Sydney McLaughlin-Levrone and Anna Hall but failed to pay them and vendors, leading to its stunning downfall.
- Johnson said he 'refuse to give up on the mission of Grand Slam Track' despite canceling the final event and having less than $50,000 cash on hand.
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Associated Press News+15 Reposted by 15 other sources
Owing more between $10M and $50M, Grand Slam Track files for bankruptcy; Johnson vows to press on
Grand Slam Track, the league fronted by sprint great Michael Johnson that offered six-figure prize money for top runners, has filed for bankruptcy after canceling its final event and failing to pay athletes and vendors.
·United States
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In 2025, Michael Johnson's project was to redesign world athletics. A fragile model and failing funding precipitated his sinking.
·Boulogne-Billancourt, France
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Total News Sources17
Leaning Left8Leaning Right0Center7Last UpdatedBias Distribution53% Left
Bias Distribution
- 53% of the sources lean Left
53% Left
L 53%
C 47%
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