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.
On Sunday, Blue Jays closer Ken Giles spoke to Rosie DiManno of the Toronto Star. Giles said, “I’m actually enjoying the game more than I did for my entire tenure in Houston.” Giles won a World Series with the Astros last year, but talked about communication issues with the Astros and compared them unfavorably to the Blue Jays. Giles described the communication as having been “lost” and credited the Jays for staying patient with him.
Astros manager A.J. Hinch responded to Giles’ comments on Monday. Per Sportsnet’s Shi Davidi, Hinch said:
I think he’s wrong and I’m disappointed that he would go down that path given how much work and time and energy and communication that our front office, our coaching staff, me, we all went through this with him. And I understand, there was some disappointment in his tenure as an Astro because of the turbulent way things went about. We gave him every opportunity, we communicated with him effectively, we have an incredible culture where every single player will tell you it’s one of the best cultures they’ve had, one of the best communication envrionments they’ve had. They all know their roles. They all know their situations. To have one person out of all the guys in our clubhouse come out and claim otherwise is flat wrong.
While Giles certainly could be embellishing or deliberately misconstruing his time there, Hinch’s rebuttal doesn’t actually disqualify anything Giles said. Giles certainly could have had a negative experience in Houston even if everyone else was enjoying the “incredible culture” and “one of the best communication environments.”
Given how the Astros — including Hinch — responded to criticism about their acquiring an accused domestic abuser, they’re not in the best position to boast about an “incredible culture” anyway.
At any rate, this is a he-said, he-said situation. If anything more comes of it, it will be Giles further torching a bridge.