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Grand Slam Track paid half its $11M athlete debts with emergency funding, but $8M in vendor bills remain.
Grand Slam Track, founded by Michael Johnson, secured emergency funding to pay half of the $11 million in unpaid athlete fees from its 2025 events, with $5.5 million distributed to athletes via wire transfers on October 3.
The financing, led by existing investors and Winners Alliance, helped cover staff salaries and avoid further disruptions.
Despite the relief, $8 million in vendor debts remain, and the league has not confirmed a 2026 schedule.
Johnson pledged to resolve outstanding obligations within 60 days, as the league seeks to rebuild after the cancellation of its final event and a major investor’s withdrawal.
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Grand Slam Track pagó la mitad de sus deudas de atletas de $11 millones con fondos de emergencia, pero $8 millones en facturas de proveedores permanecen.