The NFL suspended Seahawks linebacker Mychal Kendricks indefinitely for insider trading, a source tells ESPN.com’s Adam Schefter (on Twitter). The veteran will be barred from playing until further notice from the league office.
The Browns signed Kendricks back in June, but Cleveland quickly released him after news of the insider trading charge broke in August. Seattle head coach Pete Carroll opted to give him a second chance, but the NFL’s disciplinary arm sees things differently.
When the Browns signed Kendricks, they believed that the former Eagle was somehow involved with an insider trading case as a victim, but did not know the full extent of his involvement. Later, it came to light that he was the focal point of a federal investigation.
“Prior to signing Mychal, we were informed that there was a financial situation that he had been involved with in 2014. We were told Mychal had fully cooperated with investigators as a victim,” GM John Dorsey said in a statement. “From what was communicated at that time and based on the numerous questions we asked and further due diligence on our part, including checking with the league office, there was no information discovered that conveyed otherwise.”
Kendricks, who turned 28 on Friday, had a sack in each of his first two games with the Seahawks. He has 15 total tackles to his credit this year, and that could go down as his final stat line for 2018 if his situation is not resolved quickly.
The linebacker is facing 30 to 37 months in prison if convicted of the charges against him.
I suspect that Goodell and the disciplinary committee are upset that someone had the audacity to run a scam without including them.
Hahaha
Browns owner Jimmy Haslam defrauded millions of dollars from thousands of people at his truck stops.
Eli Manning was caught ripping off the NFL’s own fans with fake “game used” merchandise.
No rational argument can be made that what Kendricks did was worse. But…he’s the only one suspended. OK.
Kendricks pleaded guilty. The other two did not. There’s a difference.
Manning reached a settlement for defrauding the NFL’s own fans.
Haslam’s court case has dragged on for years, but when has Goodell ever waited for the legal resolution of a case to suspend?
What on earth does insider trading to do with playing football? Does the NFL fear that 8-year-old kids will go on an insider trading blitz? Insider trading IS the same as holding penalties