Cleveland Browns LB Mychal Kendricks charged for insider trading

With a training camp full of interesting storylines, the Cleveland Browns received some more bad news when linebacker Mychal Kendricks was charged with insider trading.

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. NFL Netwrok’s Ian Rapoport reported that a NFL spokesman said the league is “reviewing the matter.”

The linebacker released a statement shortly after the announcement of the charges were made, admitting to the crime.

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According to cleveland.com’s Mary Kay Cabot, the Browns were made aware of the investigation when negotiation a contract with Kendricks, but Kendricks’ camp did not inform the team that he was the subject of the investigation.

Yahoo! Sports insider Jordan Schultz also reported that Kendricks informed the Browns of the investigation, but both sides were still comfortable to finish a deal.

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.

The Browns released a statement after the announcement, saying that the 27-year-old linebacker will not travel with the team to Detroit for the team’s final preseason game.

Entering the regular season, the Browns were going to have one of the best linebacker corps in the entire NFL with four starting caliber linebackers.But with the status of Kendricks very unknown, the position group now has some question marks surrounding them.

This news could also affect how the Browns approach their final cuts in the coming days. The Browns have received solid play from their backup linebackers, and Kendricks’ status could help players like B.J. Bello or Justin Currie make the final roster until more is known with Kendricks.

Kendricks being able to play at the beginning of the season seems incredibly unlikely, especially since these are federal charges.

Despite these being much more serious charges, the Browns organization has shown a willingness to hold onto players despite off-field incidents occurring. Although much more minor incidents than the federal charges Kendricks is facing, the Browns have kept wide receivers Josh Gordon and Antonio Callaway on the roster following off-field issues.

The charges against Kendricks will certainly change a lot of decisions the Browns will make in the coming days before the regular season.

This story will be updated when more information becomes available.