US Edition'Never Thought a Meet Would Not pay:' Grand Slam Track Bankruptcy Takes a Toll on Struggling Runners
Grand Slam Track accrued $1.8 million in revenue but owes over $40 million to athletes and vendors, with under $1 million in assets, according to bankruptcy filings.
- Last week, Grand Slam Track filed for Chapter 11 protection, listing 340 creditors owed $40,679,508.68 and $831,385.46 in assets.
- After promising big investor commitments and a $12.6 million prize pot, GST recruited 48 athletes but recorded just $1.8 million in revenue last year despite citing more than $30 million in commitments and receiving $13 million from Winners Alliance.
- Among creditors are Olympic athletes including Sydney McLaughlin-Levrone, who is owed $268,750, and Michael Johnson, cited as owed more than $2.4 million after a May 2025 loan.
- The Association of Athletics Managers on Friday rejected GST's approach, saying it was shocked by plans to restart while GST sets aside $400,000 for 2026 recruitment before its filing due Friday and hearing next Wednesday.
- Athletes report taking extra work to cover costs as Eric Edwards Jr., owed over $19,000, now works an Amazon delivery job and moved back to Houston.
18 Articles
18 Articles
Grand Slam Track bankruptcy takes a toll on struggling runners
His name wasn't splashed across any of the headlines when Grand Slam Track — the running league that was supposed to infuse cash into the sport and its athletes' bank accounts — declared bankruptcy, making it official that dozens of runners and even more vendors might not see any of the money they were promised.
‘Never thought a meet would not pay:’ Grand Slam Track bankruptcy takes a toll on struggling runners
His name wasn't splashed across any of the headlines when Grand Slam Track — the running league that was supposed to infuse cash into the sport and its athletes' bank accounts — declared bankruptcy, making it official that dozens of…
'Never thought a meet would not pay:' Grand Slam Track bankr
His name wasn’t splashed across any of the headlines when Grand Slam Track — the running league that was supposed to infuse cash into the sport and its athletes’ bank accounts — declared bankruptcy, making it official that dozens of runners and even more vendors might not see any of the money they were promised. But Eric Edwards Jr., an up-and-coming hurdler trying to supercharge his young career, really needed that money. He was going to use it…
Associated Press News
'Never thought a meet would not pay:' Grand Slam Track bankruptcy takes a toll on struggling runners
Grand Slam Track, a running league meant to boost athletes' finances, has declared bankruptcy, leaving many unpaid. Hurdler Eric Edwards Jr. is owed more than $19,000.
New Payment Update Involving Sydney McLaughlin-Levrone & Co. Surfaces as Grand Slam Track Debt Hits $40.68M
Grand Slam Track was launched with big plans, offering $100,000 per “Slam” for winners. Now, the league is buried in debt, initially reported at over $30 million owed to athletes like Sydney McLaughlin‑Levrone, Gabby Thomas, and others. However, according to the most recent court filings, the financial situation is much higher than predicted. The bankrupt league revealed in court filings as of January 27, 2026, that its debts have reached $40.68…
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