Mychal Kendricks was recently cut by the Cleveland Browns after being charged with insider training.
Not only is Seattle signing Kendricks, he is expected to play for the team on Monday night against the Chicago Bears, per Schefter.
Kendricks signed a one-year deal with the Browns prior to his release.More news: Hurricane Florence may hit North Carolina
Kendricks and Goldman Sachs analyst turned Black-ish TV writer Damilare Sonoiki were indicted August 29 on insider trading charges pertaining to investments made four years ago.
Kendricks is set to plead guilty to the above-mentioned charges in December and faces up to 25 years in prison.
He had a team-high eight tackles with the Eagles in last season's NFC Championship game against the Vikings and four in Philadelphia's Super Bowl 52 victory.
Kendricks was receiving insider information from "Black-ish" tv writer Damilare Sonoiki, while providing him $10,000 in cash as well as Eagles tickets.
On Aug. 29, both men were indicted on one count of conspiracy to commit securities fraud and one count of securities fraud.
Besides the legal trouble, Kendricks could also be facing a potential punishment from the NFL.