Hall of Famer Eddie Murray charged with insider trading


It was reported a couple of months ago that a well-known former major leaguer was being investigated for insider trading. As it turns out, it’s Orioles Hall of Famer Eddie Murray, and he’s been charged with earning $235,314 in illegal profits.

As it turns out, Murray got his tips from former Orioles teammate Doug DeCinces, who was charged last year and, along with three associates, paid the SEC more than $3.3 million after making about $1.7 million in illegal profits.

Murray, likewise, has paid the piper:

The SEC alleges that Murray made approximately $235,314 in illegal profits after Illinois-based Abbott Laboratories Inc. publicly announced its plan to purchase Advanced Medical Optics through a tender offer. Murray agreed to settle the SEC’s charges by paying $358,151

Murray played in the majors for 21 years from 1977-97. He spent his first 12 years with the Orioles, winning the AL Rookie of the Year award in 1977 and five times finishing in the top five in the AL MVP balloting (without ever winning one). He also played for the Dodgers, Indians, Mets and Angels. He finished his career with a .287/.359/.476 line, 504 homers and 1,917 RBI. He was elected to the Hall of Fame in his first year of eligibility in 2003.

One of the game’s highest-paid players during the second half of the 1980’s, he made approximately $33 million in his career, judging from Doug Pappas’ data at Baseball-reference.

Henderson Alvarez signs with Tigres de Quintana Roo

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Free agent right-hander Henderson Alvarez signed a deal with the Tigres de Quintana Roo of the Mexican Baseball League earlier this week, FanRag Sports’ Jon Heyman reported Friday. The righty wasn’t necessarily too fringey a player to hack it in the big leagues, but there were no MLB takers in attendance during his showcase in Venezuela last month and he clearly felt it best to try his luck elsewhere.

The 27-year-old’s last major league gig came with the Phillies, for whom he delivered a 4.30 ERA, 6.8 BB/9 and 3.7 SO/9 over 14 2/3 innings in 2017. While he’s not too far removed from his first and only All-Star bid in 2014, he was besieged by shoulder issues in 2015 and 2016 and underwent season-ending surgeries as a result.

That added injury risk, coupled with the fact that he hasn’t pitched more than 22 innings in a single season since 2014, may have been too much for major league teams to take on this spring. Assuming he steers clear of further injuries, however, a return to the majors may not be entirely out of the question in years to come.