{"id":152852,"date":"2025-12-16T12:09:22","date_gmt":"2025-12-16T17:09:22","guid":{"rendered":"https:\/\/runningmagazine.ca\/?p=152852"},"modified":"2025-12-16T12:09:22","modified_gmt":"2025-12-16T17:09:22","slug":"sydney-mclaughlin-levrone-owed-350000-in-grand-slam-track-bankruptcy-filing","status":"publish","type":"post","link":"https:\/\/runningmagazine.ca\/the-scene\/sydney-mclaughlin-levrone-owed-350000-in-grand-slam-track-bankruptcy-filing\/","title":{"rendered":"Sydney McLaughlin-Levrone owed $350,000 in Grand Slam Track bankruptcy filing"},"content":{"rendered":"<p>A new filing in U.S. bankruptcy court on Monday<a href=\"https:\/\/cases.stretto.com\/public\/x501\/14288\/PLEADINGS\/1428812152580000000159.pdf\"> showed the amounts Grand Slam Track (GST) owes its top creditors<\/a> following the collapse of the track startup. Among the top 20 creditors, alongside several marketing agencies and production companies, is two-time Olympic 400m hurdles champion <strong>Sydney McLaughlin-Levrone<\/strong>, who is owed US$350,000 in a mix of unpaid prize money, signing bonus and appearance fees.<\/p>\n<p>McLaughlin-Levrone was the first athlete to sign with Grand Slam Track, the upstart league founded by four-time Olympic champion<strong> Michael Johnson<\/strong>, in June 2024.<\/p>\n<figure id=\"attachment_147506\" aria-describedby=\"caption-attachment-147506\" style=\"width: 788px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-147506 size-large lazyload\" data-src=\"https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/09\/PHOTO-2025-09-18-09-28-46-1024x682.jpg\" alt=\"Sydney McLaughlin-Levrone\" width=\"788\" height=\"525\" data-srcset=\"https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/09\/PHOTO-2025-09-18-09-28-46-1024x682.jpg 1024w, https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/09\/PHOTO-2025-09-18-09-28-46-300x200.jpg 300w, https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/09\/PHOTO-2025-09-18-09-28-46-768x512.jpg 768w, https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/09\/PHOTO-2025-09-18-09-28-46-1536x1023.jpg 1536w, https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/09\/PHOTO-2025-09-18-09-28-46.jpg 1600w\" data-sizes=\"(max-width: 788px) 100vw, 788px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 788px; --smush-placeholder-aspect-ratio: 788\/525;\" \/><figcaption id=\"caption-attachment-147506\" class=\"wp-caption-text\">Sydney McLaughlin-Levrone after winning the women&#8217;s 400m final at the 2025 World Athletics Championships in Tokyo. Photo: Nick Iwanyshyn<\/figcaption><\/figure>\n<p>She won the long hurdles category at the Kingston and Miami slams and finished second in the short hurdles category in Philadelphia, earning a total of $250,000 in prize money. With GST reporting that only half of the prize money was paid out, filings suggest McLaughlin-Levrone\u2019s face-of-the-league deal with Grand Slam Track was worth well over $300,000.<\/p>\n<p>Grand Slam Track abruptly cancelled its final scheduled event in Los Angeles less than three weeks before it was set to take place,<a href=\"https:\/\/runningmagazine.ca\/the-scene\/grand-slam-track-wheres-the-money\/\"> citing concerns over the venue<\/a> and broadcast arrangements. It later came out that the decision was made to avoid major financial losses. Attendance at the Kingston, Jamaica, and Miami meets fell short of expectations, leaving the league unable to justify the cost of staging another large-scale event.<\/p>\n<p>McLaughlin-Levrone is not the only high-profile athlete owed a six-figure sum. U.S. Olympic 200m champion<strong> Gabby Thomas<\/strong> is owed $249,375, while fellow American sprinter <strong>Kenny Bednarek<\/strong> is owed $225,000. British distance runner<a href=\"https:\/\/runningmagazine.ca\/the-scene\/french-mathematician-explains-why-josh-kerr-lost-olympic-gold\/\"><strong> Josh Kerr<\/strong><\/a> is listed as being owed $218,750, and reigning Olympic 400m champion<a href=\"https:\/\/runningmagazine.ca\/sections\/runs-races\/dominican-republic-takes-womens-400m-gold-in-olympic-record\/\"><strong> Marileidy Paulino<\/strong><\/a> of the Dominican Republic is owed $211,875.<\/p>\n<figure id=\"attachment_140676\" aria-describedby=\"caption-attachment-140676\" style=\"width: 788px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-140676 size-large lazyload\" data-src=\"https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/06\/Champions-6499-Miami25-1024x683.jpg\" alt=\"Grand Slam Track\" width=\"788\" height=\"526\" data-srcset=\"https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/06\/Champions-6499-Miami25-1024x683.jpg 1024w, https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/06\/Champions-6499-Miami25-300x200.jpg 300w, https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/06\/Champions-6499-Miami25-768x512.jpg 768w, https:\/\/runningmagazine.ca\/wp-content\/uploads\/2025\/06\/Champions-6499-Miami25.jpg 1200w\" data-sizes=\"(max-width: 788px) 100vw, 788px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 788px; --smush-placeholder-aspect-ratio: 788\/526;\" \/><figcaption id=\"caption-attachment-140676\" class=\"wp-caption-text\">Grand Slam Track Miami winners (left to right): Sydney McLaughlin-Levrone, Grant Fisher, Marileidy Paulino, Kenny Bednarek, Alison Dos Santos, Agnes Ngetich, Trey Cunningham and Freweyni Hailu. Photo: Kevin Morris<\/figcaption><\/figure>\n<p><a href=\"https:\/\/cases.stretto.com\/public\/x501\/14288\/PLEADINGS\/1428812152580000000159.pdf\">According to the court docket<\/a>, Grand Slam Track owes a combined $9.45 million to its top 20 creditors, which include $1.26 million owed to the five athletes listed above. The filing shows the GST owes money to more than 200 total creditors. While reports have suggested the overall debt could be closer to $20 million, the exact amount has not been publicly released.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"HtlykCqSaA\"><p><a href=\"https:\/\/runningmagazine.ca\/the-scene\/grand-slam-track-declares-bankruptcy\/\">Grand Slam Track declares bankruptcy<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content lazyload\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Grand Slam Track declares bankruptcy&#8221; &#8212; Canadian Running Magazine\" data-src=\"https:\/\/runningmagazine.ca\/the-scene\/grand-slam-track-declares-bankruptcy\/embed\/#?secret=2T6JX1spH3#?secret=HtlykCqSaA\" data-secret=\"HtlykCqSaA\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" data-load-mode=\"1\"><\/iframe><\/p>\n<p>Grand Slam Track<a href=\"https:\/\/cases.stretto.com\/public\/x501\/14288\/PLEADINGS\/1428812112580000000037.pdf\"> filed for Chapter 11 bankruptcy<\/a> on Dec. 11 in the state of Delaware, a process that allows companies to reorganize debt while continuing operations under court supervision.<a href=\"https:\/\/www.instagram.com\/p\/DSIHfRWDkFY\/?img_index=3\"> In a statement posted to social media<\/a>, GST said the filing represents &#8220;the clearest path to protect the league\u2019s mission.&#8221;<\/p>\n<p>&#8220;GST can still be that league,&#8221; the statement read, &#8220;and we are working every day to ensure it is built on a foundation worthy of that purpose\u2014to build a future that lasts.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>McLaughlin-Levrone was the first athlete to sign with the new track startup back in June 2024<\/p>\n","protected":false},"author":5366,"featured_media":147519,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[326036],"tags":[345960,330653,342740,335323,324482,326250,340013],"class_list":["post-152852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-scene","tag-bankruptcy","tag-gabby-thomas","tag-grand-slam-track","tag-josh-kerr","tag-michael-johnson","tag-running-news","tag-sydney-mclaughlin-levrone"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - 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