Former major leaguer Lenny Dykstra, who played center field with both the New York Mets and Philadelphia Phillies, filed for chapter 11 bankruptcy on Wednesday, citing a mere $ 50,000 in assets and between 10 and 50 million dollars in liabilities. What!? That sound you just heard was my jaw hitting the floor. Dykstra's incredible accumulation of debt is due to his various projects as a financial entrepreneur, most of which were obviously unsuccessful.
Dykstra, who won a world series with the Mets in 1986 and was runner up for MVP in 1993 with the Phillies, was known "Nails" and "The Dude" during his long career. I think its safe to say he has put the "nail" in the coffin of his brief entrepreneurial career.