Grand Slam Track, 由Michael Johnson创办, 申请破产, 欠债40.7百万美元,
Grand Slam Track, founded by Michael Johnson, filed for bankruptcy with $40.7M in debt after failing to pay athletes and missing most events.
Grand Slam Track, 由Michael Johnson创立的专业轨道和实地联盟, 申请第11章破产, 债务4 070万美元,资产不到100万美元。
Grand Slam Track, the professional track and field league founded by Michael Johnson, filed for Chapter 11 bankruptcy with $40.7 million in debts and less than $1 million in assets.
该联盟只举办了四次计划中的活动中的三次,并产生了180万美元的收入,它未能支付包括悉尼·麦克劳林-列夫罗内、肯尼·贝德纳雷克和加比·托马斯在内的运动员,欠约翰逊240多万美元。
The league, which held only three of four planned events and generated $1.8 million in revenue, failed to pay athletes including Sydney McLaughlin-Levrone, Kenny Bednarek, and Gabby Thomas, and owed Johnson over $2.4 million.
尽管投资者承诺额超过3 000万美元,但只从主要投资者赢家联盟收到1 300万美元,可选择增加1 900万美元。
Despite claims of over $30 million in investor commitments, only $13 million was received from lead investor Winners Alliance, with an option for $19 million more.