Athletes Still Await Payments After Grand Slam Track Founder Says He Paid Them
Track athletes claim they have not received promised prize money from Grand Slam Track, despite founder Michael Johnson asserting the funds were paid.
Grand Slam Track promised athletes sizable prize money and salaries when it began in 2025, but the series folded after the final Los Angeles meet was cancelled and the organizers filed for U.S. bankruptcy. Founder Michael Johnson said he used his own credit card for athletes' flights and hotels and was later reimbursed, rejecting claims he pocketed $500,000 before the collapse. Despite his statements, a company representing the athletes reported that none of the promised payments have been received.
The $11 million (£8.1 million) owed to creditors, including athletes, is reportedly held by an undisclosed third party. One outlet has sought comment from the holder without success. Notable athletes still awaiting funds include former world 1500 m champion Josh Kerr and Olympic 400 m silver medallist Matthew Hudson-Smith, each owed more than £100,000.
Why it matters
Unpaid prize money leaves elite athletes financially stranded and raises questions about the management of new sports leagues.
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