When it rains, it pours for Vegas Golden Knights goalie Robin Lehner. First it was a season-ending hip surgery. Then it was being ruled bankrupt in Sweden where he’s from. Then his snake farm (yes, his snake farm) defaulted. Now… in the ultimate in irony, Panda needs the PandA guys and has filed bankruptcy documents.
Lehner and his wife filed at the end of 2022, but his documents were just submitted to the US Bankruptcy Court in Las Vegas and we are getting our first look at exactly how bad it is for the burly goalie.
Simple math… it’s not good. Sure they have $5,100,000 or so in assets. That’s great! But they owe creditors an astounding $27,300,000.
Cash flow is in their favor with Robin making $5,000,000 guaranteed with the Golden Knights. That would be over $415,000 a month… but according to the filing the pair “only” have a monthly income south of $232,000. That’s considerably more than their expenses at just $52,000 (probably not considering the debtors that are coming after him).
The pair may have to pare back on their automotive habits though. The filing shows lease payments on a 2019 Mercedes Benz G63 and 2019 Rolls-Royce Phantom coming up to $9000 a month according to the Review-Journal. Damn!
Robin Lehner may have entered bankruptcy by doing too much…
Without question, Robin has tried to diversify. Beyond the Missouri snake farm boondoggle, the 31 year old goaltender and his wife Donya own a solar tech company in Phoenix and a portion of yet another reptile farm in Florida. It’s that diversification that seems to be biting them, as the business ventures potentially aren’t going as well as they hoped.
Bankruptcy can be used to shake of unsecured debts – which most of their debts are. Hopefully by the time this passes, his mind will be clear and focused on one thing: winning a cup.