LOS ANGELES ( CNN ) -- Former baseball great Lenny Dykstra reached a deal with prosecutors , pleading no contest Wednesday to three counts of grand theft auto and filing a false financial statement , the Los Angeles County District Attorney 's Office said . Dykstra , a three-time Major League Baseball All-Star who led the New York Mets to a World Series championship , was released pending sentencing Jan. 20 , 2012 , the office said in a statement . The former athlete , who faces up to four years in prison , admitted the loss was more than $ 100,000 , according to a statement from the district attorney 's office . In exchange for Dykstra 's plea , 21 charges against him , including attempted grand theft auto , identity theft , possession of a controlled substance and unauthorized possession of a syringe , will be dismissed at sentencing , according to the statement . Beginning in January , Dykstra , 48 , and two co-defendants tried to lease various high-end automobiles from several area dealerships by providing fraudulent information and claiming credit through a phony business , prosecutors said . A criminal complaint contended that Dykstra and Robert Hymers , 27 , his accountant , provided information from a man they claimed was a co-signer , but who had not authorized his name to be used . Leases were not approved at two dealerships , but the pair and Christopher Gavanis , 30 , a friend of Dykstra 's , drove off with three cars at one company by providing fraudulent information to a dealer , Deputy District Attorney Alex Karkanen said . When Dykstra was arrested in April , Los Angeles police detectives allegedly found cocaine and ecstasy along with somatropin , a synthetic human growth hormone , when they searched his Encino home . In September , Hymers pleaded no contest to one felony count of identity theft . Gavanis pleaded no contest to one felony count of filing a false financial statement , prosecutors said . In a separate case , Dykstra was indicted in May on federal charges , including obstruction of justice for allegedly taking more than $ 400,000 in property that should have gone to his bankruptcy creditors and then lying about it under oath , prosecutors claim . Dykstra 's stellar professional baseball career began in 1981 , when the New York Mets drafted him out of high school . During his second year in the majors , the player nicknamed `` Nails '' for his tenacity , hit a lead-off home run in Game 3 of the 1986 World Series at Boston 's Fenway Park , after the Mets lost the first two games . That spark rallied the Mets to a seven-game series victory over the Boston Red Sox . CNN 's Stan Wilson contributed to this report .
Former baseball star pleads no contest to several charges . He faces up to four years in prison at January sentencing . The former pitcher was arrested last year after police found a bag of cocaine and marijuana on him during an investigation into the theft of his car from a parking lot near Fenway Park.