Former Major League Baseball star Livan Hernandez has reportedly filed for bankruptcy.
According to the Miami Herald, Livan Hernandez, who earned $53 million during his professional career, has filed for bankruptcy in Fort Lauderdale.
Hernandez was a two-time All-Star and won a World Series with the Florida Marlins back in 1997. He pitched for a number of teams - the Marlins, the San Francisco Giants, the Montreal Expos, the Washington Nationals, the Arizona Diamondbacks, the Minnesota Twins, the Colorado Rockies, the New York Mets, the Atlanta Braves and the Milwaukee Brewers.
Hernandez reportedly owes "up to $1 million to as many as 50 creditors."
Hernandez’s paperwork shows that his debts are mainly consumer-style IOUs to businesses like credit card companies Capital One, Chase and Bank of America.
He also owes back taxes to the IRS, according to his papers, and a judgment to a local businessman who lent Hernandez $220,000 in 2013 but hasn’t been paid back.
Hernandez reportedly told the court that he was worth less than $50,000 the day he filed for bankruptcy.
Hernandez, for his career, was 178-177 with a 4.44 ERA and 1,976 strikeouts. Let's hope he's able to solve his financial troubles.