Mychal Kendricks was signed by the Cleveland Browns to provide veteran leadership and Super Bowl experience. Just a few months later, the Super Bowl winning linebacker has been waived and his football career is in jeopardy.
Hours after being charged with insider trading the Browns have waived Kendricks. The Browns signed the former Philadelphia Eagles linebacker to a one year deal worth just over $2 million. While the money lost is just pocket change, the experience and championship pedigree will be tough to replace.
We've released LB Mychal Kendricks
Details>>https://t.co/7rtaA2bRc7 pic.twitter.com/rp40lkUxe5
— Cleveland Browns (@Browns) August 30, 2018
General Manager John Dorsey released the following statement in regards to the release of Kendricks.
“Prior to signing Mychal, we were informed that there was a financial situation that he had been involved with in 2014. We were told Mychal had fully cooperated with investigators as a victim. From what was communicated at that time and based on the numerous questions we asked and further due diligence on our part, including checking with the league office, there was no information discovered that conveyed otherwise.”
-
Ep 102: Chiefs, Eagles Advance To The Super Bowl
by Full Press Coverage on January 30, 2023 at 11:26 pm
“Recently, we were provided an update on the matter and the circumstances have changed. We are now dealing with a different set of facts and the additional information we’ve gathered has led us to the decision to release Mychal from our team. Due to the ongoing legal nature of this situation, we will have no further comments.”
Earlier in the day Kendricks released the following statement through attorneys.
“I would like to apologize. Four years ago, I participated in insider trading, and I deeply regret it. I invested money with a former friend of mine who I thought I could trust and who I greatly admired. His background as a Harvard graduate and an employee of Goldman Sachs gave me a false sense of confidence.”
“To this point, I had worked my tail off since I was 5 years old to become a football player. I was drawn in by the allure of being more than just a football player. While I didn’t fully understand all of the details of the illegal trades, I knew it was wrong, and I wholeheartedly regret my actions.”
“Since the beginning of the investigation, I have fully cooperated with the authorities and will continue to do so. I accept full responsibility for my actions. Although I did not take any of the profits for myself, I am committed to repaying all of the funds gained illegally and accept the consequences for my actions.”
“I sincerely apologize to my coaches, the owners, and my teammates on the Eagles and the Browns, the NFL, and the magnificent fans to whom I owe my career. I also apologize to my family, who I have failed in this. You all deserve better. I will work my hardest to re-earn your trust and respect, serve as an advocate to educate others, and show you that I will never be involved in anything like this again.”
Kendricks is potentially facing up to a year in prison.
Scott Piker is the Managing Editor for Full Press Coverage Browns. So follow him on twitter @ScottPikerSport
-
Ep 142: Former Washington Quarterback And Super Bowl Champion Doug Williams Joins The Showby Full Press Coverage on February 3, 2023 at 10:19 pm
Former Washington quarterback and Super Bowl champion Doug Williams joins […]
-
Ep 141: Andy Reid, Eagles, And Conference Championship Weekend w/ Joe Bannerby Full Press Coverage on January 27, 2023 at 5:36 pm
Clark and Ira are joined by former Eagles President Joe Banner to talk […]
-
Ep 137: Hall Of Fame Discussion w/ John Turneyby Full Press Coverage on December 30, 2022 at 5:33 pm
Football historian John Turney of Pro Football Journal joins Clark and Ira […]
-
Ep 136: Remembering The Longest Game Ever Played With Larry Littleby Full Press Coverage on December 24, 2022 at 1:09 am
On the 51-year anniversary of the longest game ever played (Chiefs vs. […]
-
Ep 135: Hall of Fame Semifinalist Jahri Evans Joins The Showby Full Press Coverage on December 16, 2022 at 3:51 pm
Former Saints guard and 2023 HOF Semifinalist Jahri Evans joins Clark and […]
-
Ep 134: Remember AFL/NFL Star John Hadl with Nick Canepaby Full Press Coverage on December 8, 2022 at 2:39 pm
Former Hall of Fame voter, Nick Canepa, joins Clark and Ira to discuss the […]
-
Ep 133: Hall Of Fame Semifinalist Henry Ellard Joins The Showby Full Press Coverage on November 30, 2022 at 4:28 pm
Former Rams and Redskins wide receiver, Henry Ellard, joins Clark and Ira […]
-
Ep 132: Pro Football Hall of Fame Class of 2023 Semifinalists w/ Rick Gosselinby Full Press Coverage on November 22, 2022 at 6:15 pm
Clark and Ira are joined by Pro Football Hall of Fame voter Rick Gosselin […]
-
Ep 131: 'Football Heaven' With PFHOF Senior Advisor Joe Horriganby Full Press Coverage on November 17, 2022 at 5:55 pm
Pro Football Hall of Fame Senior Advisor, Joe Horrigan, joins Clark and […]
-
Ep 130: Remembering John McVay With Hall of Famer Eddie DeBartolo Jr.by Full Press Coverage on November 13, 2022 at 1:42 am
Clark and Ira are joined by Hall of Fame owner Eddie DeBartolo Jr. to […]
-
Ep 271: NFL Championship Roundby Full Press Coverage on January 26, 2023 at 1:58 pm
-
Ep 270: NFL Divisional Roundby Full Press Coverage on January 19, 2023 at 1:31 am
-
Ep 269: NFL Playoff Previewby Full Press Coverage on January 12, 2023 at 4:13 am
-
Ep 268: Week 16 Fantasy Rankingsby Full Press Coverage on December 21, 2022 at 9:45 pm
-
(Episode 3.2) Offseason Talk with the "Command This!" Podcastby Full Press Coverage on February 1, 2023 at 3:04 am
George Carmi hosts Steve, Dev, and Phil as they discuss the Commanders […]
-
Ep 167: Super Bowl LVII Previewby Full Press Coverage on February 1, 2023 at 12:33 am
This season premiere featured a preview of the NFL's season finale. In […]
-
2/3 - Tom Brady Retires... For Goodby Full Press Coverage on February 3, 2023 at 2:20 pm
Ian and John react to Tom Brady's second, and likely final, retirement. […]
-
1/31 - Tom Brady and the 49ers, Aaron Rodgers Futureby Full Press Coverage on January 31, 2023 at 9:00 am
Ian and John discuss whether or not the 49ers loss in the NFC Championship […]
-
1/30 - Conference Championship Recap: Eagles, Chiefs Advanceby Full Press Coverage on January 30, 2023 at 10:35 am
Ian and John recap the Eagles and Chiefs victories on Conference […]
-
1/27 - Conference Championship Preview: Who is Going To The Super Bowl?by Full Press Coverage on January 27, 2023 at 9:50 am
Ian and John preview Conference Championship Weekend and give their picks […]
-
Talkamania Episode 230by Talkamania on September 6, 2022 at 11:43 pm
-
Talkamania Episode 229by Talkamania on August 5, 2022 at 3:37 am
-
Boot 2 The Face Episode 211 "Steel Reserve"by Boot 2 The Face on January 28, 2023 at 6:59 pm
We preview the Royal Rumble and other things in the week of pro wreslting. […]
-
Boot 2 The Face Episode 210 "No Monè, No Monè, No Monè"by Boot 2 The Face on January 19, 2023 at 12:55 am
Rucker and EJ are back discussing Rucker going to Impacts Hard to Kill […]
-
Mavericks at Warriorsby Broken Controller Media on February 4, 2023 at 9:00 pm
-
Rockets at Thunderby Broken Controller Media on February 4, 2023 at 8:15 pm
-
Heat at Bucksby Broken Controller Media on February 4, 2023 at 7:30 pm
-
Trail Blazers at Bullsby Broken Controller Media on February 4, 2023 at 6:45 pm
-
Clippers at Knicksby Broken Controller Media on February 4, 2023 at 6:00 pm
-
Suns at Pistonsby Broken Controller Media on February 4, 2023 at 5:15 pm
-
Wizards at Netsby Broken Controller Media on February 4, 2023 at 4:30 pm
-
Lakers at Pelicansby Broken Controller Media on February 4, 2023 at 3:45 pm
-
Ep 150: Owen Hart Part One - Young Gunby Full Press Coverage on February 4, 2023 at 3:00 pm
-
Fight Stack: Final Notesby Full Press Coverage on February 4, 2023 at 12:00 pm
-
1/6 - Damar Hamlin Update, Bills/Bengals, AFC Playoffs, Week 18 Picksby Full Press Coverage on January 6, 2023 at 3:11 pm
-
Winter Classic: Bruins Rally To Beat Penguins At Fenwayby Full Press Coverage on January 4, 2023 at 2:09 am
-
1/3 - Bills/Bengals Postponed; Bruins Topple Penguins In Winter Classicby Full Press Coverage on January 4, 2023 at 2:05 am
-
1/2 - Tom Brady, Aaron Rodgers, Week 17, Bills/Bengalsby Full Press Coverage on January 3, 2023 at 3:22 am
-
12/30 - New Year's Eve, Luka Doncic, NBA Talk, Week 17 Preview and Picksby Full Press Coverage on January 1, 2023 at 2:29 am
-
Aaron Rodgers, Packers Win Third Straight; Playoffs In Sightby Full Press Coverage on December 27, 2022 at 7:36 pm