Hall of Famer Eddie Murray charged with insider trading

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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.

Matt Shoemaker out for the season with a torn ACL

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Terrible news for Blue Jays pitcher Matt Shoemaker: the MRI he had on his knee revealed a torn ACL. He’ll need surgery and will miss the remainder of the season.

Shoemaker was in the process of holding the A’s scoreless through three innings of three-hit, one-strikeout ball in his start on Saturday. He twisted his leg awkwardly when he ran over and tagged Matt Chapman between first and second base, however, and it was immediately clear that things weren’t right. He was initially diagnosed with a sprain, but the MRI showed that it was worse.

This is a tough break for Shoemaker, who had started off the season pretty fantastically, posting a 1.57 ERA over his first five starts this year.