Jul 8, 2009 3:41 pm US/Eastern
Former Met Dykstra Files For Bankruptcy
LOS ANGELES (CBS) ―
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Federal court documents show Dykstra filed for Chapter 11 status on Tuesday. He listed assets of $50,000 or less and liabilities of between $10 million and $50 million. (File)
AP
Former New York Mets outfielder Lenny Dykstra has sought bankruptcy protection in Los Angeles, citing more than $31 million in debts.
Federal court documents show Dykstra filed for Chapter 11 status on Tuesday. He listed assets of $50,000 or less and liabilities of between $10 million and $50 million.
Dykstra, whose lifestyle included a lavish house, a jet and a Rolls Royce, says he owes millions of dollars to his 20 largest creditors, many of them banks. His filing follows at least two dozen lawsuits over his business and financial dealings.
Dykstra, nicknamed "Nails" for his rough-and-ready style, is a former All-Star who spent 12 years with the Mets and the Philadelphia Phillies. He won a World Series with the Mets in 1986.
Dykstra was signed by the Mets as a 13th round draft pick in 1981.
(© 2009 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)
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