FanIQ News: Lenny Dykstra is now bankrupt - , New York Mets, Philadelphia Phillies

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7/8/09

Lenny Dykstra is now bankrupt

Remember when people were writing stories about what a great entrepreneur Lenny Dykstra was? Well, he's now bankrupt.

MLB, New York Mets, Philadelphia Phillies, Lenny Dykstra, Tagged as: Lenny Dykstra bankrupt

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Read Article: (www.reuters.com)

Lenny "Nails" Dykstra was supposedly doing real well after he retired. He had some successful car wash going and he even created a magazine called "Players Club" that catered to pro athletes.

However, all those stories praising him for his entrepreneurship must have missed the bottom line, or all the lawsuits that have been filed against him.

Dykstra is now bankrupt. He has no more than $50,000 of assets and between $10 million and $50 million of liabilities, according to a petition filed Tuesday with the U.S. Bankruptcy Court in the Central District of California.

That's, um, bad.

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7/8/09

TheRoss

0	I guess he will be hitting the autograph circuit soon.

7/8/09

Scott

HBO sports ran a piece on Dykstra about a month or so ago and the guy is as delusional now as he was when he was a player. He has no business sense and instead of admitting to failure, he comes up with another business venture to try, finds an unsuspecting person with money to spend and is able to talk his way into a partnership. When things like the car wash, the magazine and his latest project, buying a fleet of jets, fail, the partner is left to try and pay because Dykstra doesnt have the assets to help out, seeing as he already lives a lifestyle that he cant afford.

7/8/09

billywa

0	It was widely known in baseball during his career that Dykstra's bat had a higher IQ than he did, so it still stuns me that people would keep throwing money at his ventrues. Guess the lure of associating with a fast-talking major leaguer was blinding for some folks...

7/8/09

mk_donley

0	Gives meaning to the phrase: "The Dude" becomes a "Dud"

7/8/09

mk_donley

0	Gives meaning to the phrase: " Rusty Nails"

7/8/09

mk_donley

0	Gives meaning to the phrase: "Deader than door nails"

7/8/09

kidtut

0	it was funny the first one not the last two

7/8/09

crash78

0	mk_donley wrote: Gives meaning to the phrase: "Deader than door nails" How about: "Nails gets hammered"

7/8/09

keppieboy

billywa wrote:

It was widely known in baseball during his career that Dykstra's bat had a higher IQ than he did, so it still stuns me that people would keep throwing money at his ventrues. Guess the lure of associating with a fast-talking major leaguer was blinding for some folks...

These people see a star and they will do anything just to be with the guy. Anyone who would do business with this guy is a moron and deserves what they get.

7/8/09

mk_donley