United States Attorney Bill McSwain announced Wednesday that Cleveland Browns linebacker Mychal Kendricks has been charged with insider trading, according to Jim Donovan of CBS Philly.
Per NFL Network's Ian Rapoport, the former Philadelphia Eagle released a statement in which he apologized and acknowledged involvement in the crime:
Ian RapoportA statement from #Browns LB Mychal Kendrick, who has just been charged by the feds for insider trading. Wow. https://t.co/0IEsV6lPTh
Kendricks signed with the Browns this offseason after spending his first six NFL seasons with the Eagles.