Mychal Kendricks pleads guilty

posted by Ken Robinson - 

(Cleveland) - Former Browns linebacker Mychal Kendricks has pleaded guilty to insider trading charges. 

Kendricks faces a possible 25 years in prison. He's to be sentenced on Dec. 18th. 

Kendricks told the court, "I'm making the decision because it's the right thing to do,'' he said, according to The Philadelphia Inquirer. "I know that I made the decision to accept information, secret information, and it wasn't the right thing to do.''

Kendricks signed a one-year contract with the Browns in June after winning a Super Bowl title last season with the Eagles.  

Federal prosecutors says they used tips from an acquaintance to make about $1.2 million in illegal profits on four major trading deals.The Browns released Kendricks from the team on Aug. 29.

(Photo by Ken Robinson/WTAM)

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