Former Eagles linebacker Mychal Kendricks stood before a federal judge in a Philadelphia courtroom Thursday afternoon and pleaded guilty to leveraging insider stock tips to fatten his already enviable financial portfolio. He faces up to 25 years in prison when he is sentenced in December.
Kendricks, 27, who helped the Eagles win the Super Bowl last season before signing with the Cleveland Browns, admitted to swapping cash, NFL tickets, and access to lavish parties with a Wall Street-connected friend for nonpublic, market-shifting information.
U.S. District Judge Gene E.K. Pratter asked Kendricks why he was pleading guilty.