Story perspectives

Grand Slam Track League Declares Bankruptcy Amid Prize Money Crisis

2/3/2026

Summary

Story summary

The Grand Slam Track league, founded by Michael Johnson, declared bankruptcy after failing to deliver $12.8 million in prize money, including Olympic athletes.
Eric Edwards Jr., a hurdler owed $19,000, now works part-time at Amazon.
The Association of Athletics Managers criticized GST's plan to allocate $400,000 for athlete recruitment before settling debts.
GST's president Steve Gera is among those owed money, with a bankruptcy hearing scheduled next Wednesday.

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Story summary

The Grand Slam Track league, founded by Michael Johnson, declared bankruptcy after failing to deliver $12.8 million in prize money, including Olympic athletes.
Eric Edwards Jr., a hurdler owed $19,000, now works part-time at Amazon.
The Association of Athletics Managers criticized GST's plan to allocate $400,000 for athlete recruitment before settling debts.
GST's president Steve Gera is among those owed money, with a bankruptcy hearing scheduled next Wednesday.