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.

Pujols hits 701st career home run, connects for Cardinals

albert pujols
Dilip Vishwanat/Getty Images
6 Comments

ST. LOUIS — Cardinals slugger Albert Pujols hit his 701st home run, connecting Friday night against the Pittsburgh Pirates.

Pujols launched a slider from former teammate Johan Oviedo over the Big Mac Land sign in left field at Busch Stadium. The solo drive in the fourth inning made it 1-all.

Pujols faced Oviedo for the first time and made the 24-year-old righty the 456th different pitcher he’s homered against.

The St. Louis star hadn’t homered in a week since hitting No. 699 and 700 at Dodger Stadium last Friday. Pujols had gone 10 at-bats without a home run after two starts and one pinch-hit appearance.

The Busch Stadium crowd gave the 42-year-old Pujols a long standing ovation before he came out of the Cardinals dugout to tip his cap for a curtain call.

Pujols hit his 22nd home run this season for the NL Central champion Cardinals.

Pujols is fourth on the career home run list behind Barry Bonds (762), Hank Aaron (755) and Babe Ruth (714).