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The International Cricket Council (ICC) on Wednesday announced the final distribution of the tournament's US$11.25 million (approximately Rs 103 crore) Players' Prize Money pool

CBS Sports and SportsLine expert Matt Severance looks at Wednesday's Patriot League final on CBS Sports Network.

Michael Johnson has been accused of awarding himself a secret payment of half a million dollars days before his failed Grand Slam Track project collapsed and while the venture still owed athletes and creditors millions. Johnson is also accused of feigning to the public his care for the interest of athletes in the legal filing made at the US bankruptcy court for the district of Delaware. The filing reveals that Johnson was himself owed $2.2m by GST. But it alleges he took out $500,000 (370,000) on 4 June when he knew it was in dire straits. Mr Johnson initiated a payment of $500,000 purportedly on account of an unsecured note, lawyers for an official committee of unsecured creditors say in the filing. Shockingly, Mr Johnson elected to secretly prefer himself over the athletes and other, non-insider creditors, while at the same time feigning to the public that he was selflessly looking to advance the interests of the athletes.Moreover, at the same time, the debtor knew it was in precarious financial straits without sufficient cash to complete its contemplated season.Grand Slam Track proved to be a disaster for everyone involved (Getty Images/The Independent)Another key accusation in the filing is that Johnson has prioritised paying high-profile athletes such as Josh Kerr over other creditors in order to limit reputation damage. GST was marketed as a project to save athletics, although it only featured some track events and excluded field disciplines. The inaugural season featured four meets one in Jamaica and three in the US with ambitious plans to stage meets in Europe and draw in young sports fans around the globe. We are maniacally focused on having the youngest fanbase of any sports league in the world in the next five years, Johnsons co-founder Steve Gera told The Independent a fewweeks before GST launched. Thats our North Star.But ticket sales for the opening in Jamaica were poor and although the US events were better attended, the fourth meet in Los Angeles had to be cancelled as money ran dry, after a major sponsor, Eldridge Industries, pulled out from an agreement thought to be worth close to $40m. GST filed for bankruptcy in December.Michael Johnson launched the project to save athletics (AP)The filing accuses GST of publicly claiming to have $30m in funding when it in fact had only raised $13m, with the money from Eldridge Industries not contractually secured. GST said in a statement: On behalf of Grand Slam Track, we are aware of the UCCs recent allegation that GST secretly paid $500,000 to Mr Johnson instead of paying athletes and vendors. This claim is unfounded and false. As was previously explained to the UCC, Mr Johnson advanced millions of dollars for GSTs operating expenses, including athlete travel, accommodation and costs, only a portion which was repaid through the reimbursement. It is unfortunate that the UCC chose to ignore facts and is instead attempting to discredit the company and Mr Johnson through false statements.Winners Alliance, GSTs primary funder, is reportedly owed more than $15m. It said in a previous statement: The public record makes clear that Winners Alliance invested more capital, assumed more risk, and ultimately suffered greater financial losses than anyone.Winners Alliance invested millions, loaned millions in good faith, and ultimately offered millions more to stabilise Grand Slam Track and maximise recoveries for all stakeholders, including athletes, vendors, and trade creditors alike.

The edge rush market exploded, the Titans called on old friends, Mike Evans landed in a new place, and two players were very particular about their contract numbers.

New South Wales has the weather gods to thank after Kurtis Pattersons half-century led them to the One-Day Cup crown in Hobart.

Leeds United have asked the UK Crown Prosecution Service and football authorities to crackdown on fans chants relating to Jimmy Savile and make them public order offences.

Sheffield Wednesday are facing the prospect of beginning their League One campaign next season with a 15-point penalty.The sanctions come as potential new owners remain unwilling to hand over 15million to departing chairman Dejphon Chansiri.Former Newcastle proprietor Mike Ashley and American financier David Storch have emerged as the leading candidates to take control at Hillsborough, though neither is prepared to pay the Thai businessman what he is owed.Under EFL regulations, the sum must be settled to avoid triggering an automatic points deduction.TRENDINGStoriesVideosYour SayThe club, currently in administration, could see a new preferred bidder appointed later this week, though no timeline is certain.The league's rules stipulate that all football creditors must receive full payment when a club changes hands, while other creditors are entitled to 25 pence for every pound owed.During his 11-year tenure at the helm, Chansiri provided loans totalling approximately 60million to the Owls. Because this money was never converted into share capital, he remains the club's largest single creditor.Any incoming ownership group would therefore need to pay a quarter of that debt, 15million, to comply with EFL requirements and avoid starting the new campaign with a significant handicap.The US-based Storch consortium is understood to be prepared to accept the 15-point penalty in order to complete their acquisition of the club. David Storch said: "We remain incredibly passionate about the opportunity at Sheffield Wednesday and seeing the club return to its former glory."Ashley's offer is reportedly the lowest among the remaining bids, though he is keen to avoid any points sanction.LATEST SPORT NEWS:Iranian footballers forced to be moved after teammate reversed decision and revealed secret locationMan United's new 2billion stadium problems are piling up as new update casts doubt on projectTottenham fans demand 'emergency action' as Igor Tudor left on the brink after 5-2 drubbingBeyond the purchase price, prospective buyers face substantial additional expenses.Roughly 8million is required for stadium improvements at Hillsborough, while HMRC and other Government debts amount to approximately 6million, with legal costs reaching up to 3million.The collapse of James Bord's takeover bid last month dealt a significant blow to the club's hopes of a swift resolution. His consortium, which included Felix Romer and Alsharif Faisal Bin Jamil, had agreed to pay around 48million for Wednesday and was willing to settle Chansiri's debt.This represents more than double Ashley's reported 20million offer.The Owls have endured a catastrophic 2025/26 campaign.They received an 18-point deduction earlier in the season after entering administration in October. Their relegation from the Championship was confirmed on February 22 with 13 matches remaining, setting a new EFL record for the earliest drop.Our Standards: The GB News Editorial Charter

Harry Redknapp's Jukebox Man joins 10 other horses in the field for Friday's Cheltenham Gold Cup.

Die Bayern-Spieler Joshua Kimmich und Michael Olise holten sich in Bergamo Gelbe Karten ab, sind im Rckspiel gesperrt. Im Viertelfinale wren sie wieder spielberechtigt - es sei denn, die UEFA greift ein. [mehr]