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Michael Johnson to Refund $500K Amid GST Bankruptcy

3/26/2026

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Story summary
  • Michael Johnson, four-time Olympic champion, will refund $500,000 he allegedly paid himself before Grand Slam Track (GST) collapsed in December 2025.
  • GST hosted three events before bankruptcy and faced accusations of improper payments to Johnson.
  • The league plans to repay creditors and compensate athletes about 70% of what they are owed.
  • GST denies the misconduct accusations.
  • Athletes, including world champions, are willing to compete again.