Eddie Murray

Hall of Famer Eddie Murray charged with insider trading

29 Comments

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.

Nationals acquire Adam Eaton from White Sox for three top prospects

MINNEAPOLIS, MN - SEPTEMBER 02: Adam Eaton #1 of the Chicago White Sox hits an RBI double against the Minnesota Twins during the ninth inning of the game on September 2, 2016 at Target Field in Minneapolis, Minnesota. The White Sox defeated the Twins 11-4. (Photo by Hannah Foslien/Getty Images)
Hannah Foslien/Getty Images
4 Comments

Update (5:04 PM EST): The White Sox will receive pitchers Lucas Giolito, Reynaldo Lopez, and Dane Dunning from the Nationals, per Dan Hayes of CSN Chicago. MLB Pipeline rated them No. 1, 3, and 6 in the Nationals’ minor league system.

*

Ken Rosenthal of FOX Sports reports that the Nationals are close to acquiring outfielder Adam Eaton from the White Sox. He notes that outfielder Victor Robles, the Nationals’ No. 2 prospect according to MLB Pipeline, is not included in the deal.

Eaton, 28, is signed to a very team-friendly contract. He’ll earn $4 million in 2017, $6 million in ’18, and $8.4 million in ’19. His controlling team then has a club option worth $9.5 million in 2020 with a $1.5 million buyout and a $10.5 million club option in ’21 with a $1.5 million buyout.

This past season, Eaton was worth 3.9 Wins Above Replacement according to Baseball Reference after playing significantly above-average defense while batting .284/.362/.428 with 14 home runs, 59 RBI, 91 runs scored, and 14 stolen bases in 706 plate appearances.

If the deal goes through, the Nationals would move Trea Turner from center field to shortstop. Meanwhile, the White Sox continue their teardown after trading Chris Sale to the Red Sox on Tuesday.

Marlins sign A.J. Ellis to a one-year, $2.5 million deal

NEW YORK, NY - AUGUST 28:  A.J. Ellis #34 of the Philadelphia Phillies reacts after the final out of a game against the New York Mets at Citi Field on August 28, 2016 in the Flushing neighborhood of the Queens borough of New York City.  (Photo by Jim McIsaac/Getty Images)
Jim McIsaac/Getty Images
4 Comments

ESPN’s Buster Olney reports that the Marlins have signed veteran catcher A.J. Ellis to a one-year, $2.5 million deal.

Ellis, 35, began the 2016 season with the Dodgers but went to the Phillies in the Carlos Ruiz trade near the end of August. Overall, he hit .216/.301/.298 in 196 plate appearances.

Ellis will back up J.T. Realmuto behind the dish.