Wanna buy Lenny Dykstra's World Series ring?

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Lenny Dykstra’s post-playing days have been nothing if not colorful. He ran a chain of car washes, then built himself into some sort of financial guru, becoming a columnist for TheStreet.com, starting a magazine that counseled athletes about how to invest their money, bought Wayne Gretzky’s mansion, had people make all kinds of steroids allegations against him, was accused of being a racist and a homophobe and the worst boss in the history of bosses, and finally — and not surprisingly — filed for bankruptcy.

That’s a lot to fit into a single decade, but Lenny Dykstra always did give 110%. But for all of his triumphs and troubles, and for as big of a jackass Dykstra is reported to be, this has me feeling sorry for the guy this morning:

The bankrupt ex-ballplayer is auctioning off memorabilia from across his storied 12-year career – including his diamond and gold 1986 World Series championship ring. The bidders are unlikely to include the nearly two dozen businesses and individuals who charge the hardnosed player known as Nails bilked them of millions of dollars. The most amazin’ item available is Dykstra’s 10-karat World Series ring, symbolic of the Mets’ stunning defeat of the Boston Red Sox. The sparkler – valued at $20,000 – bears the Mets logo, Dykstra’s name and familiar No. 4, and the words “New York Mets, 1986 World Champions, 116 Wins.”

Sympathy for any man facing such tribulations aside, given how Dykstra’s post-baseball business dealings have gone, I’d (a) demand a certificate of authenticity for that ring; and (b) demand that it be sanitized to remove all traces of skeeze.

Must-Click Link: Do the players even care about money anymore?

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Yesterday I wrote about how the union has come to find itself in the extraordinarily weak position it’s in. The upshot: their leadership and their membership, happily wealthy by virtue of gains realized in the 1970s-1990s, has chosen to focus on small, day-to-day, quality of life issues rather than big-picture financial issues. As a result, ownership has cleaned their clock in the past few Collective Bargaining Agreements. If the union is to ever get back the considerable amount of ground it has lost over the past 15 years, it’ll require a ton of hard work and perhaps drastic measures.

A few hours later, Yahoo’s Jeff Passan dropped an absolute must-read that expands on that topic. Through weeks of interviews with league officials, agents and players, he explains why the free agent market is as bad as it is for players right now and why so many of them and so many fans seem not to understand just how bad a spot the players are in, business wise.

Passan keys on the media’s credulousness regarding teams’ stated rationales for not spending in free agency. About how, with even a little bit of scrutiny, the “[Team] wants to get below the luxury tax” argument makes no sense. About how the claim that this is a weak free agent class, however true that may be, does not explain why so few players are being signed.  About how so few teams seem interested in actually competing and how fans, somehow, seem totally OK with it.

Passan makes a compelling argument, backed by multiple sources, that, even if there is a lot of money flowing around, the fundamental financial model of the game is broken. The young players are the most valuable but are paid pennies while players with 6-10 years service time are the least valuable yet are the ones, theoretically anyway, positioned to make the most money. The owners have figured it out. The union has dropped the ball as it has worried about, well, whatever the heck it is worried about. The killer passage on all of this is damning in this regard:

During the negotiations leading to the 2016 basic agreement that governs baseball, officials at MLB left bargaining stupefied almost on a daily basis. Something had changed at the MLBPA, and the league couldn’t help but beam at its good fortune: The core principle that for decades guided the union no longer seemed a priority.

“It was like they didn’t care about money anymore,” one league official said.

Personally, I don’t believe that they don’t care about money anymore. I think the union has simply dropped the ball on educating its membership about the business structure of the game and the stakes involved with any given rule in the CBA. I think that they either so not understand the financial implications of that to which they have agreed or are indifferent to them because they do not understand their scope and long term impact.

It’s a union’s job to educate its membership about the big issues that may escape any one member’s notice — like the long term effects of a decision about the luxury tax or amateur and international salary caps — and convince them that it’s worth fighting for. Does the MLBPA do that? Does it even try? If it hasn’t tried for the past couple of cycles and it suddenly starts to now, will there be a player civil war, with some not caring to jeopardize their short term well-being for the long term gain of the players who follow them?

If you care at all about the business and financial aspects of the game, Passan’s article is essential.