Wednesday, April 22, 2009

The Collapsing Life of Lenny Dykstra

ESPN has an incredible article by Mike Fish, on ex-Met and Phillies' great Lenny Dykstra. His business dealings can only be described as pathological. This is a gripping read. It's not an ESPN puff piece. There's too many parts to excerpt, so I won't bother. (Read the whole thing here.)


  1. I have heard these crash and burn athlete stories my entire life. Most of these guys have the life skills of a 12 year old. A 12 year old with a million dollars. It seems to be the exception, that some of these guys put some money away for a rainy day.

  2. It's not the usual blow money athlete deal. He had made money after his career. He was a successful businessman. Then it went to hell. Incredible story.

  3. I have seen a lot business blow up stories as well. These guys never open a coffee shop, it has to be some wild scheme. Tony Dorset blew his entire fortune on oil futures. Bobby Hull lost a ton in the cattle business. Bryan Trottier is currently broke, after some failed business investments.
    These guys have never learned the lesson of prudence and frugality. The act of risk taking has to be balanced off with proper business management.

  4. Update: I guess Tim Horton did open a coffee shop. Horton and Joyce started out slowly in the late 1960s. Joyce had franchise experience after owning a Dairy Queen.
    After Horton`s death his wife sold out her share of the donut shop, for so many millions. She blew the entire amount in short time, and ended up broke.