Grand Slam Track Owes Sidney Mclaughlin over $350,000 and more

Описание: Grand Slam Track (GST) has officially filed for Chapter 11 bankruptcy, and the details coming out of the court filings are staggering. In today’s rundown, we dive deep into the financial collapse of Michael Johnson’s track league and what it means for the athletes who are still waiting to be paid. 
From world record holder Sydney McLaughlin-Levrone being owed over $350,000 to Olympic champion Gabby Thomas being owed a quarter-million dollars, the "trust gap" in track and field has never been wider. Can GST actually return from this, or is the optimism "delusional"?
In this video, we discuss:
✅ The Creditors: A breakdown of the elite athletes and vendors owed millions.
✅ The Trust Problem: Why "showing the money" is the only way forward for any pro league.
✅ Product Critique: Why the 3-day format and the exclusion of field events failed.
✅ The Path Forward: What GST must do if they ever hope to secure new investors and athlete participation.
Timestamps:
00:00 - Grand Slam Track is Bankrupt: An Overview
01:47 - What Chapter 11 Reorganization actually means for GST
04:20 - The Debt List: Sydney McLaughlin, Gabby Thomas, and more
08:01 - Where did the $30 Million investment go?
10:45 - The Trust Problem: Harder to fix than a spreadsheet
14:47 - My Advice: Escrow accounts and paying upfront
24:03 - Why excluding Field Events was a fatal mistake
32:28 - Is the "comeback" optimism realistic?
41:42 - The Market never lies: Lessons for future Pro Leagues
Join the Conversation:
Do you think Grand Slam Track can earn back the trust of the athletes? Should Michael Johnson remain the face of the league? Let us know your thoughts in the comments below!
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