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The Independent UK
The Independent UK
Sport
Jamie Braidwood

Michael Johnson agrees to return $500k Grand Slam Track ‘secret payment’

  • Michael Johnson is to return a $500,000 payment he allegedly received just before Grand Slam Track (GST) filed for bankruptcy, as part of a new deal with the league's creditors.
  • A US court filing claimed Johnson took the $500,000 eight days before GST's bankruptcy, while athletes were still owed millions, though GST called this claim "unfounded and false".
  • Johnson and Winners Alliance have agreed to fund the $500,000 to ensure creditors receive a greater distribution and to aid the league's reorganisation efforts.
  • Johnson's spokesperson stated the payment was a partial reimbursement of over $2m in expenses he advanced for athletes' benefit.
  • The inaugural GST season ended after three events due to a lack of funds and a key sponsor pulling out, leaving athletes like Josh Kerr owed significant sums, and Johnson will not work on BBC Sport's athletics coverage this year to focus on GST.

IN FULL

Michael Johnson to give back alleged $500,000 ‘secret’ payment from Grand Slam Track

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