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Grand Slam Track files for Chapter 11 bankruptcy, citing $40m in debts

Track & Field: Grand Slam Track Philadelphia May 31, 2025; Philadelphia, PA, USA; The Grand Slam Track trophy at Franklin Field. Mandatory Credit: Kirby Lee-Imagn Images

Grand Slam Track filed for Chapter 11 bankruptcy protection in a court filing last week, citing more than $40 million in debts and less than $1 million in total assets.

The league, led by four-time Olympic gold-medalist sprinter Michael Johnson who serves as the commissioner, claimed it would treat track athletes as true professionals and “revolutionize the track landscape” by signing 48 of the world’s best athletes and having them compete in four events with a $12.6 million prize pot.

Only three of the events ended up being held in Kingston, Jamaica, Miami and Philadelphia before the final scheduled meet in Los Angeles was canceled.

Another filing states that Grand Slam Track accrued just $1.8 million in revenue last year, leaving many of the promised payments currently undistributed.

The track athletes listed as being owed money in the bankruptcy filing include four-time Olympic gold-medalist hurdler Sydney McLaughlin-Levrone ($268,750), reigning U.S. 100-meter champion Kenny Bednarek ($195,000) and Olympic 200-meter gold medalist Gabby Thomas ($185,625).

Johnson is also cited in the filing as being owed more than $2.4 million. He gave $2.25 million to the business in May of 2025 in order to help the Philadelphia event proceed as scheduled.

In all, the bankruptcy filing cites 340 creditors owed a combined liability total of $40,679,508.68. The company lists $831,385.46 in assets, all categorized as personal property.

Grand Slam Track cited “more than $30 million in financial commitments from investors and strategic partners” in a September 2024 press release. However, The Athletic reported it actually only received $13 million from its lead investor, Winners Alliance, with an option at a later date to invest an additional $19 million.

–Field Level Media

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Darren Clarke posts 2 eagles, shares Chubb Classic lead with Michael Wright

Syndication: Desert SunDarren Clarke tees off on 1 to start the final round of The Galleri Classic at Mission Hills Country Club in Rancho Mirage, Calif., Sunday, March 30, 2025.

Darren Clarke of Northern Ireland made two eagles over his final four holes to grab a share of the first-round lead at the Chubb Classic on Friday in Naples, Fla.

Clarke and Australian Michael Wright posted 7-under-par 65 at Tiburon Golf Club’s Black Course with two rounds to go. Tied for third one stroke behind are defending champion Justin Leonard, Scott Parel, Rob Labritz and Argentina’s Ricardo Gonzalez.

Clarke already had a busy round when he reached the par-5 15th hole, with five birdies and two bogeys on his card. He reached the green in two on that hole, and again at the par-5 18th, sinking eagle putts both times.

“The one on 15, I hit driver, 3-iron from 237 (yards) to 12 feet and holed it for eagle,” said Clarke, 57. “Then the last one I hit driver, 3-wood. The 3-wood was from 241 or something straight into the wind. Hit it to 15 feet behind the hole. So they were both pretty good. Take those any day.”

Wright, 51, is newer to the tour and is well-positioned to go for his first win.

He sank nine birdies, including four of his last five holes, helping absorb a double bogey at the par-4 13th. He said his son Charlie carried his bag and read most of his putts for him Friday.

“This is his first Champions event and his first event ever was three weeks ago in Australia,” Michael Wright said. “He’s doing a great job. I love having him on the bag.”

Leonard posted four birdies on each nine. After a bogey at No. 17, he bounced back at No. 18 when he stuck his approach shot a few feet from the hole to set up birdie.

“I hit a lot of greens today,” Leonard said. “I think I may have only missed one or two greens. Did make a couple bogeys, but I played well on the par-5s and got off to a good start. I kind of did all the things you need to do around here.”

Leonard won by four shots here in 2025.

Two shots off the pace at 5-under 67 are Bo Van Pelt, David Toms, Germany’s Alex Cejka and South Korea’s K.J. Choi.

–Field Level Media

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William Byron to use backup car in pursuit of Daytona 500 three-peat

NASCAR: Cup PracticeFeb 13, 2026; Daytona Beach, Florida, USA; NASCAR Cup Series driver William Byron (24) during NASCAR Cup Series practice at Daytona International Speedway. Mandatory Credit: Mike Dinovo-Imagn Images

William Byron will need to rely on a backup car on Sunday when he tries to become the first driver to win the Daytona 500 in three consecutive years.

Byron’s preferred No. 24 Chevrolet took enough damage during qualifying Thursday to relegate him to a backup car for the Great American Race.

The bright side for Byron? He drove a backup car in 2024 when he won the first of his two Daytona titles.

“We’ve won this race with a backup car, so I’m not super worried on that aspect,” Byron said. “But it does suck that you put a lot of work into the primary and you don’t get to race it.”

The Hendrick Motorsports driver is attempting to achieve a three-peat that Richard Petty, Cale Yarborough, Sterling Marlin and Denny Hamlin had chances at over the years before each fell short in Year 3.

Byron, 28, will start 39th in the 41-car pack.

–Field Level Media

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After blowout loss, NC State knows it must 'move forward' vs. Miami

NCAA Basketball: N.C. State at LouisvilleFeb 9, 2026; Louisville, Kentucky, USA; NC State Wolfpack head coach Will Wade calls out instructions during the first half against the Louisville Cardinals at KFC Yum! Center. Louisville defeated N.C. State 118-77. Mandatory Credit: Jamie Rhodes-Imagn Images

North Carolina State, which is 5-1 after a loss this season, is hoping to rebound Saturday afternoon when it hosts Atlantic Coast Conference rival Miami in Raleigh, N.C.

The Wolfpack (18-7, 9-3 ACC) have won six of their last seven games but are coming off a 118-77 loss at No. 24 Louisville.

Head coach Will Wade said it was “hard to find silver linings” in a 41-point defeat.

“They whipped us every way possible,” Wade added. “We got torched. We got hammered.

“But we have to move forward.”

In the wake of that loss, Wade is surely focused on NC State’s defense, which ranks 14th in the ACC (74.3 points per game). The Wolfpack are also 12th in rebounding margin.

Offensively, NC State ranks third in the league (85.3 ppg), and Quadir Copeland, who averages 13.9 points, leads the ACC with assists 6.9 per game.

Darrion Williams leads NC State in scoring at 14.4 per game, and Paul McNeil and Ven-Allen Lubin are two more players to watch. They both average 13.6 points, and McNeil ranks second in the league in 3-pointers and first in percentage (43.0), while Lubin ranks first in field-goal percentage (68.0).

Meanwhile, Miami (19-5, 8-3) is coming off an impressive 75-66 home win over No. 11 North Carolina.

Miami has won two straight games and four of five. The Hurricanes lead the ACC in field-goal percentage (50.9) and rank fourth in scoring offense (83.8) and fifth in scoring defense (69.8).

The Hurricanes’ problem is that they sit 14th in 3-point shooting and 16th in 3-point defense. Additionally, Miami lacks depth, although guard Tru Washington might return Saturday after missing three games for personal reasons.

Malik Reneau (19.8 ppg) is tied for fourth in the conference in scoring, Ernest Udeh Jr. is second in rebounds (9.6) and Tre Donaldson is tied for third in assists (6.1).

First-year head coach Jai Lucas said the Hurricanes — who are 5-1 on the road — are wary of NC State, which is 10-3 at home.

“They are coming off a big loss,” Lucas said. “They’re going to be breaking fire.”

–Field Level Media

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