Seattle Seahawks LB Mychal Kendricks will have to wait a couple more months to find out if he will be spending time behind bars due to his sentencing being postponed.
The 29-year-old NFL star has been quite active on social media with him being only months away from his sentencing over insider trader.
Mychal has been sharing videos of him learning new trades and killing the time. He has been perfecting the art of woodworking, learning how to throw down in the kitchen and staying positive amid the crisis.
He wrote, “Right now right now we got to work together on this. Like Most things in life it’s a collaboration no one’s part is more important than the other, For it be that we are all replaceable. If we want to stick around and not be replaced Let’s work together stay the fu-k home people.”
As The Blast first reported, Mychal was set to be sentenced in his criminal case on March 30. However, it was postponed to May 29 due to the pandemic. He is facing a maximum sentence of 25 years behind bars on insider trading charges, along with a $5 million fine.
In October 2018, Mychal was charged with conspiracy to commit securities fraud and one count of securities fraud. He is accused of profiting millions off of insider information obtained from a banker friend.
Prosecutors accuse Mychal of giving the banker NFL tickets, cash and other luxury perks as kickbacks for the information. After the criminal charges were filed Mychal was released by the Cleveland Browns. The NFL star immediately accepted responsibility and entered a plea of guilty. He cooperated fully with investigators which will work in his favor during sentencing.
Last month, Mychal reached a settlement in the civil suit brought by the Securities and Exchange Commission. Per the deal reached, the NFL star will pay $1.2 million as part of a final judgment in the case. He gave up the right to go to trial or appeal the judgment. He will pay a total of $1,188,075, which is around the amount he profited from insider trading
