Canseco's millions disappear

Jose Canseco has filed for Chapter 7 bankruptcy protection. (Chris Roussakis/QMI Agency)

Jose Canseco has filed for Chapter 7 bankruptcy protection. (Chris Roussakis/QMI Agency)

QMI Agency

, Last Updated: 7:36 PM ET

Former slugger Jose Canseco has filed for Chapter 7 bankruptcy protection, listing $20,850 in assets against $1.686 million in liabilities, the Las Vegas Sun has reported.

Among the liabilities is $506,000 owed to the U.S. internal revenue service.

During his major-league career, from 1985 through 2001, he made a total of $52.995 million in salary.

Canseco, who has admitted he used steroids, ranks 34th on the career home run list with 462.

The 48-year-old now lives in Las Vegas.


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