Lenny Dykstra's descent

Postby kruker » Wed Apr 22, 2009 23:26:38

Dada walked away from the transaction, claiming in the suit that Dykstra had made significant changes to the final escrow agreement, including the insertion of a five-year contract for Dykstra's old Phillies teammate, Pete Incaviglia, to serve as general manager under the new ownership.


two months later when he crashed his red Mercedes sports car the night of a bachelor party for one of his Phillies teammates.


I wonder why ESPN doesn't mention whose party it was.

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Postby JFLNYC » Thu Apr 23, 2009 00:18:32

Yeah, he's got a plan. This financial genius is maxed out on his credit cards (the highest interest debt) and has his ever-shrinking capital tied up in Gretsky's white elephant, which apparently he's pledged seven ways to Sunday. Whatever cash flow he might have is more than eaten up by his uncanny ability to spend money. His flying to meetings in private jets and showing up for meetings in a limo is about as convincing as Christopher Walken showing up for that meeting in "Catch Me If You Can" in a Cadillac driven by his uderage son (Leo DiCaprio). He's exactly what he was during his playing days: A hustler.
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Postby momadance » Thu Apr 23, 2009 09:41:15

Freaking ESPN is blocked at work!

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Postby gusmoney » Mon Jun 22, 2009 10:29:27

HBO feature suggests Dykstra's empire in trouble


http://www.philly.com/philly/sports/phillies/20090622_HBO_feature_suggests_Dykstra_s_empire_in_trouble.html

In a provocative piece scheduled to air on the HBO program "Real Sports with Bryant Gumbel" tomorrow night (10 o'clock), correspondent Bernard Goldberg updates a segment that initially aired in March 2008 on Lenny Dykstra, the former Phillies star who has since become the target of some 20 lawsuits from his activities as a financial entrepreneur.

On the heels of widespread claims that the jet-setting Dykstra has left a string of unpaid bills in his wake - in fact, he would appear to be broke - Goldberg assembled six people who say that Dykstra has stiffed them, including a flight attendant who said that Dykstra charged $10,700 on her credit card to reserve a private plane in Ohio. Others said they are owed even more by Dykstra, who is entangled in a web of personal issues that includes the divorce from his wife of 23 years and the foreclosure of the $18.5 million estate he purchased from hockey legend Wayne Gretzky. HBO provided the Daily News with an advance copy of the program.

Goldberg found a defiant Dykstra at his unfurnished mansion, where the door had been left unlocked. When no one answered, Goldberg walked inside and began calling out for Dykstra: "Lenny? Anybody home? Hello? Mr. Dykstra?"

Close to a half-hour later, Dykstra came downstairs for their scheduled appointment, which resulted in what Goldberg called "something vaguely resembling a conversation." Dykstra denied owing anyone money, including the $280,000 allegedly owed to the printer of The Players Club, the glossy lifestyle magazine for pro athletes that Dykstra launched last spring.

DYKSTRA: Who? Tell me who I owe?

GOLDBERG: Let's go through a few people. The printers . . .

DYKSTRA: F--- the printers. The printers are criminals.

GOLDBERG: The flight attendant?

DYKSTRA: F--- the flight attendant . . . They all think they can come here and steal my money.

Dykstra says the legal cases against him are "all bull----."

Goldberg asked Dykstra what he would say to people "who think once upon a time you were flying high and now you're broke?"

Dykstra laughed and withdrew a wad of bills, which he began counting. Goldberg said, "OK, so you've got $75 in your pocket, that doesn't make you rich." To which Dykstra replied, "I never carry less than $1,000. But flying high? Looks like I'm still flying pretty f------ high. And by the way, I'm flying higher."

But a woman who worked for Dykstra as his personal assistant told Goldberg otherwise. She said that 90 percent of her day was occupied by "consoling people who were owed money" by Dykstra, who became a celebrated supplier of stock picks via his newsletter "Nails on the Numbers." The personal assistant said vendors told her that they "fronted [Dykstra] with the hope that [they] could trust him."

Goldberg asked, "This was commonplace?"

"It was all day, every day," said the former personal assistant, who won a $7,400 judgment from Dykstra in small claims court that is still unpaid. "There were calls at 6 a.m. screaming at me, cursing at me."

Dykstra told Goldberg he is the victim, and has filed civil suits himself against some of his alleged creditors. Goldberg points out that no prosecutor in any jurisdiction has filed criminal charges against him.

Few players were as colorful in the annals of Philadelphia sports as Dykstra. Cited as a steroid user in the 2007 report by Sen. George Mitchell into performance-enhancing drugs in baseball - a fact the HBO piece did not address and which Dykstra has denied - Dykstra played for the 1986 world champion New York Mets and 1993 National League champion Phillies. A chronic back injury forced him to quit baseball in the spring of 1998.

He opened three car washes in southern California, sold them for a reported $55 million and began what Goldberg called his "unlikely journey into finance," which later led to publication of his newsletter and magazine. He also became obsessed with the world of private jets, $400,000 German cars and sprawling estates.

Goldberg said Dykstra is now "wife-less, car-less, plane-less and may soon be homeless," unless he can come up with enough money to forestall eviction.

But Dykstra does not appear to be concerned.

He showed Goldberg a photo of a dog he planned to buy for $10,000.

Dykstra said proudly, "That's a world champion, that's the only dog I'll buy."
"Your logic is flawless, but I am transmitting a better idea." -- Ignignokt

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Postby cartersDad26 » Mon Jun 22, 2009 12:35:53

this thread makes me weep.

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Postby BIGPHILLY » Mon Jun 22, 2009 12:54:42

Dykstra will not be alive 5 years from now. It's unraveling very fast.

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Postby FTN » Mon Jun 22, 2009 13:34:41

"OK, so you've got $75 in your pocket, that doesn't make you rich."


new signature

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Postby Trent Steele » Mon Jun 22, 2009 13:37:03

cartersDad26 wrote:this thread makes me weep.


It makes me weep that I ever rooted for this piece of shit
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Postby Brantt » Mon Jun 22, 2009 14:05:20

Trent Steele wrote:
cartersDad26 wrote:this thread makes me weep.


It makes me weep that I ever rooted for this piece of $#@!


You rooted for him because he was an exciting player to watch and an absolute stud on one of the most popular teams in franchise history.

The stockmarket crashed and the guy has lost absolutely everything he has. On top of that, he's lost his personal relationships as well. He obviously can't accept that fact and deal with the reality of the situation. There are thousands upon thousands of stories like this in the country......the other people just aren't ex-baseball players like Lenny.
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Postby Woody » Mon Jun 22, 2009 14:26:52

Right, plus the fact that he's a delusional scumbag with the business ethics of an Afghan warlord
you sure do seem to have a lot of time on your hands to be on this forum? Do you have a job? Are you a shut-in?

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Postby JFLNYC » Mon Jun 22, 2009 14:37:37

That's an insult to Afghan warlords.
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Postby Brantt » Mon Jun 22, 2009 14:51:13

Woody wrote:Right, plus the fact that he's a delusional scumbag with the business ethics of an Afghan warlord


Which makes him different than the majority of Wall Street how?
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Postby Slowhand » Mon Jun 22, 2009 15:26:12

This is more than just bad luck in the stock market. The guy is a crook, plain and simple. Hell, his whole family knows it.

(And kudos to swish for forseeing the collapse on page 1 last year).
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Postby Brantt » Mon Jun 22, 2009 15:37:24

Slowhand wrote:This is more than just bad luck in the stock market. The guy is a crook, plain and simple. Hell, his whole family knows it.

(And kudos to swish for forseeing the collapse on page 1 last year).



I disagree.

His stock strategy was basic but geared toward maxing out in the short term. If he wasn't so greedy he would have been fine, but he couldn't help himself (again, no different than most of Wall Street).
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Postby JFLNYC » Mon Jun 22, 2009 15:42:09

There are two major differences IMO: (1) He doesn't have the spit and polish of Wall Streeters (OK, maybe he has the spit); and (2) He never had the institutional platform to work from to give him the air of respectability and to act as a personal shield. It's all coming down around him now personally, as it would have for many of the Wall Streeters, had they not been part of institutions which partially buffered their respective falls.
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Postby Brantt » Mon Jun 22, 2009 15:53:45

JFLNYC wrote:There are two major differences IMO: (1) He doesn't have the spit and polish of Wall Streeters (OK, maybe he has the spit); and (2) He never had the institutional platform to work from to give him the air of respectability and to act as a personal shield. It's all coming down around him now personally, as it would have for many of the Wall Streeters, had they not been part of institutions which partially buffered their respective falls.


I agree with that.
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Postby philliesphhan » Mon Jun 22, 2009 18:23:42

gusmoney, you might want to edit your post a tad as it appears that you quoted the entire article
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Postby momadance » Wed Jun 24, 2009 11:14:50


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Postby karn » Wed Jun 24, 2009 11:38:17

"That's a world champion...that's the only dog I'll buy"

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Postby momadance » Tue Jun 30, 2009 09:51:40


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