"Caused a major-major cash flow issue"- Michael Johnson breaks silence about reports on missed payments by Grand Slam Track 

Day 2 Previews - 2013 Laureus World Sports Awards - Source: Getty
Michael Johnson at the 2013 Laureus World Sports Awards - Source: Getty

Michael Johnson spoke for the first time about the reports of missed payments by Grand Slam Track, a league led by him, in its inaugural edition. The American athlete shared that the league had a difficult situation financially after an investor wasn't able to honor their commitment to the league.

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The buzz about the troubles with Grand Slam Track began on social media after the final edition of the track meet that was slated to be held in Los Angeles was cancelled. Weeks later there were reports of unpaid dues that were reconked to be $77,896 to the city of Miramar for the second edition of the league that was held in Miami.

Michael Johnson spoke about the situation in his latest interview and shared that the league struggled financially in its inaugural year after an investor could not fulfill their commitment. However, they kickstarted the league with a capital that was estimated to help them to sail through all four slams.

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"I'll be clear, we've had a very difficult situation this year financially. We've had an investor that wasn't able to honor their complete commitment to the league. So, we started off with the capital that we needed to get through the season as we planned it to get through the four slams and make sure that we could take care of everyone," he said.
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Moreover, Michael Johnson shared that they were prepared to encounter difficulties in the league's inaugural edition; however, the major cash flow issue put the organizers as well as the athletes in a very difficult position.

"We always knew again, you know, this first year, inaugural season, we're going to have some difficulties, but you know, that was a huge blow to us. It caused a major-major cash flow issue for us, put us in a difficult position, put our athletes in a difficult position. We're very confident that we'll pull ourselves out of it," he added.
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The Michael Johnson was confident in being able to overcome the situation and continue the league's mission to create a revolution in track.


Michael Johnson weighs in on top athletes like Sydney McLaughlin-Levrone competing in multiple events in Grand Slam Track

Michael Johnson at the Olympic & Paralympic Games, Paris 2024 and Beyond - Laureus World Sports Awards Madrid 2024 - Source: Getty
Michael Johnson at the Olympic & Paralympic Games, Paris 2024 and Beyond - Laureus World Sports Awards Madrid 2024 - Source: Getty

Grand Slam track gave the opportunity to many athletes to go out of their comfort zone and compete in various events. Highly accomplished athletes like Sydney McLaughlin-Levrone competed in the 400m, 400m hurdles, 100m and the 100m hurdles in different editions of Grand Slam Track.

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Michael Johnson weighed in on athletes having the opportunities to push their boundaries by competing in various events and shared that it will be more entertaining for the fans to witness their favorite athletes trying to accomplish greater heights.

"People should know this. Sydney loves a challenge. If she’s doing long hurdles, it’s because she wants to accomplish a specific time. Short hurdles. She wants to measure herself against the best 100 hurdlers or test herself over 100m flat. @GrandSlamTrack gives her the flexibility and opportunity to be challenged. Fans are the beneficiaries," he wrote.
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Moreover, Johnson shared that Grand Slam Track gave athletes the flexibility to switch events as they competed in different editions of the league.

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Edited by Adityan Pillai
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