Overview

• Grand Slam Track missed its July 31 deadline to pay $3.12 million in prize money from its Kingston meet, adding to more than $13 million owed from three events.
• The Los Angeles finale was canceled days before its scheduled date to save roughly £2.2 million, reflecting the series’ acute cash shortage after a key investor withdrew.
• Founder Michael Johnson said an investor failed to honor an eight-figure commitment and is now working to recapitalize the league for a possible 2026 return.
• Athletes including Gabby Thomas and Grant Fisher have publicly demanded their delayed prize and appearance fees, warning of reputational damage and considering legal action.
• World Athletics and USA Track & Field officials are monitoring developments as the league awaits fresh investment to fulfill its obligations.