On Wednesday, Jeremy Roebuck of the Philly Inquirer reported that Cleveland Browns linebacker Mychal Kendricks was charged with insider trading.
According to Roebuck, officials said that the Browns’ off-season acquisition made almost $1.2 million off of the trades that he made.
The linebacker released a statement shortly after the announcement of the charges were made, admitting to the crime.
A statement from #Browns LB Mychal Kendrick, who has just been charged by the feds for insider trading. Wow. pic.twitter.com/0IEsV6lPTh
— Ian Rapoport (@RapSheet) August 29, 2018
Since this is just being the beginning of the story, the Browns are going to have to make a lot of big decisions regarding what to do with Kendricks in the very near future.