Grand Slam Monitor, based by Olympic legend Michael Johnson, information for US chapter after poor attendances and money move points; the league cancelled its Los Angeles occasion and paused 2026 season with hundreds of thousands owed to athletes distributors
Final Up to date: 11/12/25 6:38pm
Michael Johnson’s Grand Slam Monitor information for chapter in the US
Grand Slam Monitor, the athletics collection based by Michael Johnson, has filed for chapter in the US amid money move issues and poor attendances.
GST was launched by the four-time Olympic champion in 2024, with the primary occasions going down this yr in Kingston, Jamaica, and Miami and Philadelphia in the US.
Nevertheless, the fourth and closing occasion – in Los Angeles in June – was cancelled amid monetary hassle that noticed the league unable to pay athletes or distributors.
Johnson, 58, mentioned: “Grand Slam Track was founded to create a professional platform that reflects the talent and dedication of this sport’s athletes.
“Whereas GST has confronted important challenges which have triggered frustrations for a lot of – myself included – I refuse to surrender on the mission of Grand Slam Monitor and the longer term we’re constructing collectively.”
According to the public bankruptcy filing, GST says it has between up to $50,000 (£37k) in assets, while having between $10,000,001 (£75k) and $50m (£37k) in liabilities, and the filing says there are between 200 and 999 creditors.
The document was filed this week and was signed by GST’s president Johnson as well as chief operating officer Steve Gera, and attorney J. Rudy Freeman.
Speaking in August after GST has announced competition would not resume until athletes were paid, effectively putting their 2026 season on hold, Johnson said: “The cruellest paradox in all of that is we promised that athletes can be pretty and rapidly compensated. But, right here we’re fighting our capacity to compensate them.
“We were devastated when we learned we would not receive the funding committed to us. We worked tirelessly alongside our investors and board to find a quick solution to the problem.
“Up till and even after the LA postponement, we had been getting optimistic indicators {that a} resolution was shut.
“However, we determined the best thing to do would be to conclude our season early to avoid further losses and start the lengthy process of stabilising the company to get back on track.
“However sadly, we noticed circumstances change in methods past our management.”
