Economic Challenges Force Cancellation of LA Grand Slam Track Series
The Los Angeles leg of the inaugural Grand Slam Track series, initiated by Michael Johnson, has been canceled due to poor economics. The event, scheduled for June 28-29 at Drake Stadium, was part of a new athletics circuit aimed at revitalizing the sport. Despite attracting some top athletes, the series struggled with low ticket sales and insufficient sponsorship and broadcast revenue, leading to its cancellation to ensure long-term financial stability.
Key Points
The Los Angeles event of the Grand Slam Track series was canceled due to 'poor economics'.
The series aimed to reinvigorate interest in athletics but struggled with low ticket sales and insufficient sponsorship and broadcast revenue.
Michael Johnson stated the decision was made to ensure long-term financial stability for the league.
Despite attracting stars like Gabby Thomas and Sydney McLaughlin-Levrone, the series failed to secure top sprinting talent such as Noah Lyles and Julien Alfred.
The cancellation will save organizers around $3 million in prize money and travel expenses.
Athletes expressed skepticism about the series' business model and its sustainability.
