High & Inside: Baseball Notes

Lenny Dykstra, alongside his lawyer, Andrew Flier, pleads innocent to multiple counts of grand theft auto and other offenses. D5.
Lenny Dykstra, alongside his lawyer, Andrew Flier, pleads innocent to multiple counts of grand theft auto and other offenses. D5. (NICK UT / Associated Press)
Posted: June 17, 2011

It wasn't just crazy talk

Last month, we questioned hedge-fund honcho David Einhorn's sanity in shelling out $200 million for a 33 percent stake in the Mets. We withdraw the question. Here's why:

According to Forbes, if owners Fred Wilpon and Saul Katz do not pay back Einhorn's $200 million investment in three years, the hedge fund manager can obtain a 60 percent stake in the team for an additional $1. A buck. For a franchise that could be worth up to $1 billion.

But Einhorn wins even if Wilpon and Katz return the $200 million within three years. In that case, he still gets to keep 16 percent of the team. We should've known better.

 

Dude, where's my car?

Former Phillies fave Lenny Dykstra, in another incremental step to his legal woes, pleaded not guilty Thursday in Los Angeles Superior Court to 25 counts on charges of grand theft auto and drug possession. He returned to jail unable to post $500,000 bail.

Prosecutors have said Dykstra, his accountant, and a friend leased high-end cars by providing phony information and claiming credit through a phony business, then drove off the lot. The three tried several times before finally succeeding, according to authorities.

Oh, and when police arrested Dykstra in April, they allegedly found cocaine, ecstasy, and synthetic human growth hormone on him. Charges on that as well.

According to the New York Daily News, the dude known variably as "Nails" or just "Dude," got a little uppity while in court. "I've been in jail 17 days, 17 days for a crime I did not commit. I believe I have paid my dues," Dykstra, wearing orange jail threads and shackles, told Judge Jeffrey Harkavy, who warned him not to speak, and later declined to drop bail.

Oh, lest we forget: On Monday, Dykstra pleaded not guilty to bankruptcy fraud in federal court.


Contact staff writer Francisco Delgado at fdelgado@phillynews.com.

This article contains information from Inquirer wire services.

 


 

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