Michael Johnson Addresses Payments to Athletes After Grand Slam Track Bankruptcy

Michael Johnson, a four-time Olympic champion, has publicly addressed the bankruptcy of Grand Slam Track for the first time, clarifying the payment situation for himself and other athletes involved.

After the cancellation of the final event in Los Angeles and the filing for bankruptcy in December 2025, many athletes, including notable figures like Josh Kerr and Matthew Hudson-Smith, were left owed significant sums. Johnson stated that he has ensured the athletes have been compensated following a severe financial crisis caused by investors withdrawing support.

In a recent interview, Johnson responded to accusations regarding his financial dealings, asserting that he had taken steps to cover expenses for the athletes and had even loaned the organization $2 million. He expressed the emotional toll of the situation and the scrutiny he faced, emphasizing his commitment to the athletes' welfare.