Jose Canseco Homeless? Canseco Loses House

Stephen Kersey — Fri, 02 May 2008 10:24:50 +0000

Jose Canseco, the man arguably most responsible for the steroid talk over the past few years, told Inside Edition that he lost his Californian mansion to foreclosure. The mansion, which is valued at approximately $2.5 million, is located in Los Angeles.

“I do have a judgment on my home and it to me is very strange because it didn’t make financial sense for me to keep paying a mortgage on a home that was basically owned by someone else,” said Canseco to Inside Edition.

So what happened to all of the millions Canseco has made over the years?

“You know my life, this financial thing, is a very complicated issue. Obviously, when you make all that money, people think, `OK, let’s assume it is $35 million.’ People have to understand that $35 million, you’re paying the government 41 percent. That leaves you with about $17 or $18 million, not even. Then you’re taking care of your whole family.”

Poor, Jose. Trying to take care of his family on only $17 or $18 million. How does he do it? Somewhere, Latrell Sprewell sheds a tear. Somewhere else, the Roger Clemens sex scandal is happy to be off the front page.

To keep this baseball related, let’s take a look at the best seasons of his career:

1988 – With the A’s as a 23-year-old, Canseco hit .307 with 42 homers, 124 RBIs, 120 runs scored and 40 stolen bases.

1991 – With the A’s as a 26-year-old, Canseco hit .266 with 44 homers, 122 RBIs, 115 runs scored and 26 stolen bases.

1998 – With the Blue Jays as a 33-year-old, Canseco hit .237 with 46 homers, 107 RBIs, 97 runs scored and 29 stolen bases.

Photo: Newscom

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Jose Canseco Homeless? Canseco Loses House