According to Business Insider, the Cleveland Browns cut a linebacker facing charges of insider trading.
Mychal Kendricks was signed by the Browns only two months ago, but Cleveland decided to part ways after federal prosecutors charged him.
Kendricks issued a statement shortly after the charges were made public, admitting his wrongdoing.
Prior to sign Kendricks, the Browns were aware of a financial situation from 2014, adding that Kendricks cooperated with investigators as a victim.