• Report: Seahawks reach deal to bring back Mychal Kendricks

    By: KIRO 7 News Staff


    SEATTLE - The Seattle Seahawks have reached a deal with free-agent linebacker Mychal Kendricks, according to the NFL Network. 

    Mike Garafolo reports the deal is for one year and around $4 million. 

    Kendricks signed with the Seahawks after he was released by the Cleveland Browns in August, following his guilty plea to insider trading charges in Philadelphia. 

    >> Related Report: Seahawks reach deal with Pro Bowl kicker Jason Myers

    Federal prosecutors said Kendricks used tips from an acquaintance to make about $1.2 million in illegal profits on four major trading deals. Click here to read more. 

    In a statement released by his lawyer the day he was charged, Kendricks said he was sorry and takes full responsibility for his actions.

    "While I didn't fully understand all of the details of the illegal trades, I knew it was wrong, and I wholeheartedly regret my actions," he said in the statement.

    Kendricks is expected to be sentenced next month

    Kendricks appeared in four games and recorded two sacks for the Seahawks last season. 

    Following an eight-game suspension, Kendricks returned to action against the Minnesota Vikings but suffered a knee injury that ended his season

    Information from the Associated Press is included in this story

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