Gabby Thomas: Sprinting Through Bankruptcy Hurdles and Advocacy Triumphs
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Gabby Thomas: Sprinting Through Bankruptcy Hurdles and Advocacy Triumphs
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Gabby Thomas, the Olympic sprint sensation, finds herself at the center of track and fields latest financial drama as Grand Slam Track filed for bankruptcy earlier this month, leaving her among top creditors owed a six-figure sum. Associated Press reports on December 16 that Thomas joins Sydney McLaughlin-Levrone and others like Melissa Jefferson-Wooden in the leagues top 20 unsecured creditors list, with McLaughlin owed 365250 dollars and several athletes including Thomas facing sums between 211000 and 250000 dollars after the circuit abruptly canceled its Los Angeles finale in June. Michael Johnsons venture promised salaries appearance fees and prizes but now lists debts up to 50 million dollars against just 10 million in assets, sparking whispers of whether elite sprinters will chase stability elsewhere.
No fresh public appearances or social media buzz have surfaced in the past few days, though Thomas engagement to entrepreneur Paul earlier this year in March per AOL remains a hot personal milestone for fans tracking her off-track glow-up. Shes kept a lower profile since her November Sports Illustrated Swimsuit debut alongside Suni Lee, but her advocacy fire burns on. Back in April, Outside Online detailed her powerhouse team-up with Reddit co-founder Alexis Ohanian at the Business of Womens Sports Conference to launch the 776 Invitational, a women-only track meet promising record prizes of 60000 dollars to winnersfar outpacing Diamond Leagues 10000 dollar golds. Thomas, a New Balance star and vocal critic of paywalls like FloTracks, pushed for visibility saying track needs modern broadcasts to hook the next generation. That initiatives September 2024 kickoff could reshape her bio long-term if it elevates womens pro racing amid rivals like Johnsons own league. For now, the bankruptcy saga dominates headlines, testing her resilience as she eyes 2028 Olympics gold.
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