Livan Hernandez is worth less than most of us

[Rock Strongo]

Ex-Marlin Livan Hernandez files for bankruptcy

Former pitcher Livan Hernandez files for bankruptcy
5:50 PM ET

Former pitcher Livan Hernandez, who earned approximately $50 million in a 17-year major league career, has filed for bankruptcy, according to court papers obtained by the Miami Herald.

The two-time All-Star played for nine teams, winning a World Series with the Florida Marlins as a rookie in 1997. He was named NLCS and World Series MVP that year.

AP Photo/Mark J. Terrill
According to the documents, which were filed in federal court in Fort Lauderdale, Florida, Hernandez says he owes up to $1 million to as many as 50 creditors. Some of those are credit card companies.

Hernandez, 42, also owes back taxes, as well as $220,000 to a local businessman who gave him a loan in 2013, the year after the pitcher stopped playing.

The bankruptcy filing says Hernandez is worth less than $50,000.

 

[DirtDirtDirt]

He pitched in the celebrity game last night

Probably offered him 10k to show up

 

[Rock Strongo]

He pitched in the celebrity game last night

Probably offered him 10k to show up

he may end up floating back home on another raft

 

[packerzrule]

Ex-Marlin Livan Hernandez files for bankruptcy

Former pitcher Livan Hernandez files for bankruptcy
5:50 PM ET

Former pitcher Livan Hernandez, who earned approximately $50 million in a 17-year major league career, has filed for bankruptcy, according to court papers obtained by the Miami Herald.

The two-time All-Star played for nine teams, winning a World Series with the Florida Marlins as a rookie in 1997. He was named NLCS and World Series MVP that year.

AP Photo/Mark J. Terrill
According to the documents, which were filed in federal court in Fort Lauderdale, Florida, Hernandez says he owes up to $1 million to as many as 50 creditors. Some of those are credit card companies.

Hernandez, 42, also owes back taxes, as well as $220,000 to a local businessman who gave him a loan in 2013, the year after the pitcher stopped playing.

The bankruptcy filing says Hernandez is worth less than $50,000.

crikey

 

[calsnowskier]

Well, 50M isn't worth what it used to be worth.

 

[redseat]

He pitched in the celebrity game last night

Probably offered him 10k to show up

He also hit a grand slam right?

 

[williewilliejuan]

This kind of story underscores how Bobby Bonilla is an under-appreciated genius.

 

[calsnowskier]

This kind of story underscores how Bobby Bonilla is an under-appreciated genius.

If you look Bonilla's deal financially, it actually is not such a horrible deal for the Mets. The Mets basically took a loan from BB for the remainder of his contract at something like a 5% APR. A decent APR for B.B., to be sure, but nothing ridiculous.

 

[The Derski]

He also hit a grand slam right?

Yes and it nearly left the field as a normal homerun. Easily the longest hit of the game.

 

[Shoeshine Boy]

Jeez he's only been out of the league 5 years...who's his financial advisor, Antoine Walker?

 

[PEOPLESCHICKEN]

Yes and it nearly left the field as a normal homerun. Easily the longest hit of the game.

And easily the most worthless thing he has done

 

[PEOPLESCHICKEN]

Ex-Marlin Livan Hernandez files for bankruptcy

Former pitcher Livan Hernandez files for bankruptcy
5:50 PM ET

Former pitcher Livan Hernandez, who earned approximately $50 million in a 17-year major league career, has filed for bankruptcy, according to court papers obtained by the Miami Herald.

The two-time All-Star played for nine teams, winning a World Series with the Florida Marlins as a rookie in 1997. He was named NLCS and World Series MVP that year.

AP Photo/Mark J. Terrill
According to the documents, which were filed in federal court in Fort Lauderdale, Florida, Hernandez says he owes up to $1 million to as many as 50 creditors. Some of those are credit card companies.

Hernandez, 42, also owes back taxes, as well as $220,000 to a local businessman who gave him a loan in 2013, the year after the pitcher stopped playing.

The bankruptcy filing says Hernandez is worth less than $50,000.

42 my ass

 

[The Derski]

And easily the most worthless thing he has done

Cool

 

[redseat]

Yes and it nearly left the field as a normal homerun. Easily the longest hit of the game.

yeah it was one hell of a shot and it hit the wall, I thought for sure it was going over the real fence as well

 

[Mondo Jay]

He and Eric Gregg can go to hell.

 

[Cedrique]

I wouldn't worry too much about Livan. I heard he sells cartoon balloons in town. His family business is thriving

 

[DJ Fieri]

This kind of story underscores how Bobby Bonilla is an under-appreciated genius.

He has a pretty sweet deal.

 

[DJ Fieri]

Breaking news: Livan Hernandez attempting a comeback!!!!!

 

[Chewbaccer]

No love lost for Livan for both the 97 playoff series with the Braves and him sucking for the Braves the last season of his career.

 

[tducey]

To bad to see this but yeah these athletes should take some sort of financial education course. The money they make they should be set for life.