Lenny Dykstra, The Jig is Up: Dykstra Owes Over $30 Million

Pictured to the right is Lenny Dykstra and his family at the April 2008 launch of his new magazine, Players Club. Unfortunately, he isn’t living the fast life he was as a financial entrepreneur one year ago.

A few weeks ago I saw a segment on HBO’s Real Sports about Dykstra, and how he made money after baseball. Turns out he was a financial genius… or so it seemed. He opened an extremely successful line of car wash establishments, along with other seemingly successful endeavors. His success let him buy the dream house, some of the fanciest cars in the world, including a Maybach, and he even had a private jet. He was living the life. What the segment was about though was his failure. Lenny Dykstra was living a lie. He owed many people money, and he wouldn’t pay them back. That was as of a few weeks ago.

Forbes.com’s Steve Schaefer has reported that he has now gone completely bust. The article can be read at Forbes.com: Dykstra done in by debts.

It isn’t a huge problem in baseball, but stories pop up of retired athletes struggling for money. The controversy surrounding the topic appears to have more to do with the NFL, but Dykstra’s situation clearly takes the cake of ultimate financial failure by a former professional athlete. To all pro athletes reading CNB Sports out there, do not pull a Lenny Dykstra.

What do you think Dykstra should have done differently? Have your say below!