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.

Scooter Gennett upset with Reds over lack of communication regarding contract extension

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Reds second baseman Scooter Gennett can become a free agent after the 2019 season. He has become one of baseball’s better second basemen since the Reds claimed him off waivers from the Brewers in March 2017. Over the last two years, he has hit 50 homers with an .859 OPS. The only second basemen with a better OPS (min. 700 plate appearances) since the start off the 2017 season are José Altuve (.900) and Daniel Murphy (.876).

Gennett is upset the Reds haven’t been in contact with him to discuss a contract extension, John Fay of the Cincinnati Enquirer reports. Gennett said, “We’ve definitely opened it up. They know I want to play here. They know I enjoy playing on this team. I enjoy the fans. I enjoy the coaching staff. I enjoy my teammates. They know all that. There’s nothing else to tell them at this point. It’s waiting for them to come back, which they have not.” He added, “(We’ve) heard absolutely nothing. Zero.”

As Fay points out, Gennett was born in Cincinnati and grew up a Reds fan, so this is a cinch for the club if it makes any effort. The Reds presently have just $58 million in 25-man roster obligations for the 2020 season.