[USML Announce] Nailed

Brad Jansen bljansen at gmail.com
Wed Jul 8 15:53:01 EDT 2009

Dykstra files for Chapter 11
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NEW YORK -- Lenny Dykstra, the former star center fielder for the New York
Mets <http://sports.espn.go.com/mlb/clubhouse?team=nym> and Philadelphia
Phillies <http://sports.espn.go.com/mlb/clubhouse?team=phi>, has filed for
Chapter 11 bankruptcy protection, court records show.

Dykstra, 46, has no more than $50,000 in assets and between $10 million and
$50 million in liabilities, according to a petition filed Tuesday with the
U.S. Bankruptcy Court in the Central District of California.

Jonathan Hayes, one of Dykstra's lawyers, had no immediate comment.

Dykstra's filing comes in the wake of some 20 lawsuits he faces tied to his
activities as a financial entrepreneur, including The Players Club, a glossy
magazine he had helped launch, according to published reports.

The bankruptcy petition shows several banks among Dykstra's largest
unsecured creditors, including units of JPMorgan Chase & Co. and Bank of
America Corp.

Known as "Nails" and "The Dude," Dykstra played for 12 years with the Mets
and the Phillies before retiring in 1996 with a lifetime .285 batting
average and 81 home runs.

He won a World Series with the Mets in 1986, and with the Phillies was
runner-up in the National League MVP voting in 1993. The Phillies lost the
World Series that year.
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