Icon took $725k from broke league that ripped off Aussies


4-time Olympic champion Michael Johnson has agreed to refund $726,000 (US$500,000) after claims emerged that he “secretly” paid himself simply days earlier than his Grand Slam Track (GST) league collapsed.

5 Australians competed within the inaugural season together with Jessica Hull, Abbey Caldwell, Sarah Carli, Peter Bol and Ky Robinson.

Athletes are nonetheless owed hundreds of thousands, having solely acquired partial fee for his or her companies.

EXCLUSIVE: Bathurst champ’s swipe at old team over ‘bitter’ split

READ MORE: ‘Get out’: Verstappen ejects reporter after fiery clash

READ MORE: AFL review system under fire for big error that turned thriller

They had been promised profitable prize cash and salaries within the competitors’s inaugural season, however the closing occasion was cancelled and organisers later voluntarily filed for chapter within the US.

An American courtroom submitting by distributors claimed eight days earlier than the collapse, Johnson “secretly” paid himself $US500,000.

In Might 2025, Johnson greater than US$2m into the enterprise, after an investor, Eldridge Industries, determined to not throw within the $US40m they initially agreed to.

A GST spokesman disputed the accusation as “unfounded and false”.

Michael Johnson in June 2025. Getty

“Whereas Mr Johnson has been clear that the $500k was a reimbursement and never a fee, to keep away from disruption and proceed transferring ahead he and Winners Alliance have agreed to fund the $500k to the plan so that every one collectors can profit and obtain a higher distribution in reference to the corporate’s reorganisation and efforts to resurrect the league,” a GST spokesperson stated.

Johnson’s spokesperson added: “Michael has asserted defences to the declare, together with that this was a partial reimbursement of over $US2m of bills superior by Michael for the good thing about the athletes.”

GST has reportedly agreed to amend its plan to get out of chapter. Sources instructed the BBC the brand new provide would imply athletes acquired 70 per cent of their prize cash however unsecured collectors would solely be given round 15 per cent.

Hull was the only Australian contracted to compete in all four GST events and is owed greater than the opposite Aussies.

The Olympic silver medallist assured for herself $142,000 in prize cash together with her performances in Kingston, Miami and Philadelphia.

That doesn’t embrace a base fee she was assured.

TORUN, POLAND - MARCH 22: Silver medallist, Jessica Hull of Team Australia, poses for a photo during the medal ceremony for the Women's 1500m Final during day three of the World Athletics Indoor Championships Kujawy Pomorze 2026 at Kujawsko-Pomorska Arena on March 22, 2026 in Torun, Poland. (Photo by Dan Mullan/Getty Images)

Jessica Hull. Getty

“I do not assume Michael Johnson went on the market to rort folks of cash. I do not assume these had been his intentions in any respect,” Hull’s father Simon instructed Broad World of Sports activities in December.

“It is not the best marketing strategy when you do not even have the money within the financial institution however you’re promising a supply. So there have been a couple of errors clearly made on his half.

“I feel he supposed to attempt to put some development into the game, get extra eyeballs on it.

“So, no, I do not assume he went in with incorrect intentions, as a result of then hastily he is gone from American hero to, ‘Oh, this man’s ripped off all these athletes’.

“Clearly you do not wanna see her lose cash. It is irritating. I might like to see her receives a commission. She did lots of promotional stuff for them.

“However on the finish of the day, if they do not have the cash, they do not have the cash.

“You’re taking a threat while you join with a brand new enterprise. You are hoping that it form of does what it is talked as much as do, but it surely simply did not ship on the finish of the day.”

  • Related Posts

    LSG qualification situation IPL 2026: Can LSG nonetheless attain playoffs after loss towards MI?

    Lucknow Tremendous Giants (LSG) have misplaced towards the Mumbai Indians by 6 wickets within the TATA Indian Premier League (IPL) 2026. This was a digital do-or-die battle for either side…

    weekend open thread – Could 2-3, 2026

    Teddy This remark part is open for any non-work-related dialogue you’d wish to have with different readers, by well-liked demand. Listed below are the rules for the weekend posts. E-book…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Africa’s Youth are Shaping the Continent’s Local weather Future

    • By news
    • May 5, 2026
    • 12 views
    Africa’s Youth are Shaping the Continent’s Local weather Future

    Entry Denied

    • By news
    • May 4, 2026
    • 17 views
    Entry Denied

    International week forward: Is ‘Promote in Could’ only a delusion?

    • By news
    • May 3, 2026
    • 26 views
    International week forward: Is ‘Promote in Could’ only a delusion?

    ‘Actual influence on the bottom’ wanted as Indonesia backs UN reform

    • By news
    • May 2, 2026
    • 27 views
    ‘Actual influence on the bottom’ wanted as Indonesia backs UN reform

    Entry Denied

    • By news
    • May 1, 2026
    • 26 views
    Entry Denied

    European Central Financial institution retains charges on maintain within the face of inflation menace

    • By news
    • April 30, 2026
    • 28 views
    European Central Financial institution retains charges on maintain within the face of inflation menace