Lenny Dykstra To Auction Off World Series Ring

by Deidre Woollard (RSS feed)
Sep 13th 2009 at 7:01PM

The Lenny Dykstra sales continues with the news that some of Dykstra's most treasured trophies will be up for auction at Heritage Auctions October sports memorabilia sale. The former baseball player known as "Nails" has had a rough year and is unloading just about every asset he has to satisfy some major debt. The sale will feature several of what have to be some hard-to-let-go-of items including his diamond and gold 1986 World Series championship ring, his replica World Championship trophy, his home run ball that won game three of the National League Championship Series in 1986 and his 1990, 1994 and 1995 All-Star Game rings.

The NY Daily News reports that the former baseball legend began shopping the items around about a month after he filed for bankruptcy, presumably when he was still in control of his own finances. Now a court-ordered trustee is handling his affairs and the NY Daily News says that Dykstra was recently banned from the Lake Sherwood community in Southern California where he still owns a mansion he bought from Wayne Gretzky. Another home he owns nearby is already on the market. He has had the former Gretzky mansion on the market for as much as $24.95 million but it is currently not for sale pending some ongoing legal action filed by Dykstra about work done to the home. The listing pics are shown in the gallery below.

Dykstra, who just a few short years ago was held up as an example of how to be smart with your money after retiring from professional sports, is now said to be worth less than $50,000. The sudden shift in Dykstra's fortunes is due to a variety of factors including a divorce, the struggling economy and the failure of his "The Players Club" magazine, a magazine meant to offer sound advice to professional athletes. In March 2008, the New Yorker wrote a glowing piece on Dykstra titled "Nails Never Fails" about the former Mets player's magazine and his investing strategies. By December of last year, former employees of the magazine were telling stories of unpaid bills and missed payrolls and the magazine had ceased publication.

Gallery: Lenny Dykstra in Thousand Oaks

Filed under: Auctions, Sports

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Reader Comments (Page 2 of 3)

Jack Forbes Sep 14th 2009 3:42PM

I HATE TO SEE A MAN LOSE AWARDS HE EARNED. SHOULD BE A LAW RESTRICTING SALES OF THESE THINGS.
NOW THE HOUSE, AUTO'S, AND ALL SHOULD BE CONSIDERED. SHOULDEN'T THE WIFE WHO WAS AWARDED A GREAT CHUNK OF HIS CHANGE - ALSO - BE REQUIRED TO "GIVE IT UP"? BY LAW, SHE SHOULD BE RESPONSIBLE FOR A CERTAIN % OF HER PART OF THE MARRAGE.
OF COURSE, WE ALL KNOW HOW THAT GOES. SHE GETS THE GOLDMINE AND HE GETS THE SHAFT. (THANKS JERRY)

Joe Sep 14th 2009 3:48PM

We're all going to be bankrupt. First it was Bush distracting us by telling us everything was all right with the economy, and then having everyone in turmoil just before the election so he could pass TARP. Then it was the Bailouts and Stimulus of Obama with all the added distractions including the beer summit between Gates and the cop. Now it’s this Joe Wilson outburst on top of the Cash for Clunkers to distract us from this Health Care takeover. Let’s focus on what’s happening in this country with the enormous debt we are building up and stay on message. And let’s keep informed at theaveragejoe.us to understand what’s going on. Check out the debt clock to see where we are today and not be distracted anymore by this silliness. If the President’s people want to divert attention from the debt and health care debate maybe they should invite Joe Wilson over to the White House for a beer. There’s already a rumor that he and Michele have set up a coffee for John and Kate.

Ed. Sep 14th 2009 3:55PM

WELL, WELL. WELL,...HERE COME THE CRITICS TO ALWAYS KNOCK A GUY DOWN.....SURE HIT HIM IN THE GUTS WHERE IT HURTS.....WHAT A BUNCH OF KILJOYS! MOST OF YOU FORGOT HOW -HE BOOSTED MORAL WHEN THE TEAM WAS LOSING....HOW HE HUMORED THE PLAYERS WHEN THEY WERE DOWN AND OUT....HOW HE MADE US LAUGH FROM HIIS SPORTNG LAUGHTER WHEN THE METS WERE LOSING AND THEN THEY WON!......SSURE KNOCK A MAN DOWN WHEN HE NEEDS YOU THE MOST.....WHAT A F*^%$G PAIR OF RUBENS YOU PPEOPLE ARE!!!!! YOU FORGET THE BEST PART OF THE GUY.....HE IS AND WILL STILL BE TDHE ONLY ONE WITH THE BIGGEST HEART BEFOR THE GAME, DURING THE GAME , AND AFTER THE GAME.....GO AHEAD, NAILS,...GIVE YOURSELF A CHANCE AND YOU'LL WIN IN THE END....I KNOW YOU WILL SHINE AFTER ALL THESES JOKERS ARE GONE.......GO FOR IT NAILS!

toddwilli5 Sep 14th 2009 3:57PM

Serious question... What do you think that ring will go for? I am an avid mlb memoribilia collector but have no idea. Just would like to know, I do know whatever it sells for I would not be in the market for it, but it would be a great piece.

tojokdr1 Sep 16th 2009 12:33PM

lenny would be a no show when he was to show up for fans in clearwater fla. he had no respect for loyal fans. i would stand in line for paid for sig. and he would never show up. people standing in line who were from philly,bet me he would not show up.they were right. in my book he is a jerk and deserves his just reward.; anthony

Steve-a-rino Sep 14th 2009 4:17PM

"Poor guy?" The FIRST thing you buy when you start earning millions is an ACCOUNTANT! If you manage it yourself you will lose it.

Georgesidoti Sep 14th 2009 4:37PM

Why would anyone feel sorry for millionaires who now have to adjust and live like normal people who work every day to pay their bills...

A little advise to Lenny: I would suggest the Chicken McNuggets over the quarter pounder and if you clip any of the coupons, you may be eligible for a free order of french fries!

steevd Sep 16th 2009 1:16PM

Nickerson, you are an idiot. You are a racist and the worst kind of subhuman. Take your hate comments and go live in Nazi Germany where you belong, you scumbag.

teresa Sep 14th 2009 5:21PM

first of all most of these athletes cant spell and couldnt even get a job if it werent for their athletic prowess. then they get millions and blow it. sorry when half the country is unemployed no sorrow here

TJ Sep 14th 2009 5:54PM

Overpaid white ballplayers.They all feel entitled. Look what happens

Dean Sep 14th 2009 5:49PM

No way should you ever feel sorry for someone like Lenny who had millions and threw it away.What an idiot.

rc Sep 14th 2009 11:58PM

put yourself in his shoes,we all make mistakes. the guy is going through some adversity he will get through it. if he is the champion that i seen on the field he will prevail. you cant take anything with you once your gone from this earth. if he has to sell everything so be it. hes a world champion he will prevail. ask yourself ,how would i handle a situation like the one dykstra is going through?

doctorajust Sep 14th 2009 6:19PM

Sorry to hear about Lenny. But I must admit, he went for steroids and sometimes they mess up your judgement. HOF (Hall of Fame) should buy his baseball stuff and give him a second chance. After all, baseball execs say they don't want steroid players, but you can't advance or stay in the game without them! Except for Derek Jeter who defies the odds!

Mort selub Sep 14th 2009 6:10PM

What's with all this schadenfreude? You'd think this guy stole money from you or asked you to send him a donation. He made a lot of money, didn't know that where there are ups there are downs, and he lost a lot of money. As far as I can see from the article, he didn't hurt anybody but himself.

I think I get it, though. Some of you posters are so lacking in self-esteem that it makes you feel much better about yourselves to have someone to kick around
who's doing even worse in life than you are.

A secure self-confident person doesn't feel diminished when he shows a little sympathy for someone who has fallen from the ranks of the high and mighty. Dykstra may have done nothing to deserve any sympathy, but as Hamlet said, "..use each man after his desert and who shall scape whipping..."

toose Sep 14th 2009 6:25PM

Welcome back to the real world Lenny!!

andy chock Sep 14th 2009 7:58PM

ya know nickerson ....guys like you never have the courage to say crap like that to anyones face 1 on 1 because you're afraid to get stepped on.

Roger Clapp Sep 14th 2009 7:03PM

Cry me a river!! Not to old to work, lots of people do that!!!

duanebyrne1 Sep 15th 2009 10:19AM

I'll give you 50 cents.

48rulzem Sep 14th 2009 7:51PM

paparonn, go flush your head down a toilet......oh wait, I'm sorry, it's so far up your racist ass you won't be able to find a toilet. Just go to hell.

satuye Sep 14th 2009 8:25PM

Nobody, should be insulting people at the worst time of their lives.
Bieng, a N.Y mets fan; 1986, gave me great satisfaction.
Lenny, was one of those guys that gave us that championship.
so when lenny was celebrating his succes in business, I was
also pulling for him, I Hope he can come back, and save some
of his assets, especially his championship Ring. and for those poor fools
who have nothing but negative things to say, about other peoples
misfortunes, all one can do is feel sorry for them because they
are not going nowhere in Life, good luck Lenny Everything is
going to be, allright.