Posted by Rich
on December 17, 2008
You Should Have The Money /
No Comments
Former Phillie and Met outfileder Lenny Dykstra has just settled a suit with accounting firm DDK & Co. claiming he balked at paying his $138,872 bill. DDK & Co. is just one of many in a list of businesses and individuals who claim the former major leaguer owes them money. The former publisher of his Magazine, Players’ Club, past employees and Getty Images all claim they are owed money for good or services provided.
The subject matter of Dykstra’s magazine: to instruct athletes how to invest wisely for their future.
Read more about the slow paying ball player.
Tags: accountant, baseball, magazine
Posted by Rich
on November 17, 2008
You Should Have The Money /
No Comments
According to the Star Ledger, there are plenty of creditors not to happy with New Jersey’s professional hockey team. It seems as if the Devils have not paid the City of Newark for its new stadium’s sewer hookup, relocation expenses to local businesses that were displaced by construction, and invoices to various contractors. Additionally, the team has recently announced that it does not plan to pay its rent.
In its first eight months of operation, the arena brought in more than $30 million in revenue, but the authority will not know how much profit was made, if any, until it reviews the venue’s books later this year. Hopefully there will be some money left so the Devils can pay off the debt owed to their creditors.
Tags: Devils, New Jersey, Rent, Stadium, Utilities