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Michael Avenatti Goes On Attack Against Nike Despite Extortion Charges

Michael Avenatti Goes On Attack Against Nike Despite Extortion Charges

Avenatti: “We never attempted to extort Nike & when the evidence is disclosed, the public will learn the truth about Nike’s crime & coverup.”

On Monday, the Southern District of New York (SDNY) charged lawyer Michael Avenatti with trying to extort over $20 million from Nike.

Fresh from jail, the fame hungry took to Twitter to proclaim his innocence and continue his attacks on Nike.

Background: At 12:16PM ET on Monday, Avenatti tweeted out about a press conference on Tuesday where he planned to expose a scandal that involved Nike.

About 46 minutes later, SDNY announced federal prosecutors charged Avenatti with extortion. The complaint states that Avenatti and his co-conspirator met with Nike’s attorneys where they “threatened to release damaging information” if Nike “did not agree to make multi-million dollar payments to them, as well as an additional $1.5 million payment to a client Avenatti claimed to represent.”

Avenatti’s co-conspirator is celebrity lawyer Mark Gergos. Authorities have not charged or arrested him.

Avenatti went to court Monday morning. They released him after he posted $300,000 bond.

This morning, he went on a tweetstorm and named Phoenix Suns rookie Deandre Ayton and University of Oregon player Bol Bol as those paid by Nike.

The report Avenatti tweeted came out in September 2017, which detailed how “Nike’s grassroots basketball division Elite Youth Basketball League (EYBL) has been served with a subpoena, according to ESPN, as federal prosecutors and the FBI continue to dig into what acting U.S. Attorney Joon Kim termed as the ‘dark underbelly’ of the college basketball world in a press conference on Tuesday.”

I don’t know why he tweeted out that article, but I guess he did it to back up his claims about Nike.


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Nike kneeled as a character witness for public relations. Avenatti was politically congruent until he became a liability. Innocent until proven guilty, I suppose.

Let the chips fall where they may.

Is it mere coincidence that the charges came after the Mueller report?

I certainly hope Nike made recordings. I am reminded of James O’Keefe:

“I never said that!”
“Here’s the video tape.”
“It was edited!”
“And here’s the whole tape, all three hours of it from your first word until I was out in the car getting the wire taken off.”

    Tom Servo in reply to georgfelis. | March 26, 2019 at 5:26 pm

    Nike didn’t just make recordings – and this is a clue as to just how arrogantly stupid Avinatti has been in this matter. Nike alerted the FBI, and then with agents monitoring the conversation in real time, they asked Avenatti “Could you tell us again what you’re demanding us to do?”

    And, completely clueless, he spelled it all out in complete detail, with the agents listening.

He has also been accused of cheating his client out of a settlement, and forging tax returns to obtain a bank loan. Unlike this Nike thing, which conceivably is going to depend on how one interprets the extortion statute, Avenetti either did or did not do those things. And if he did either of them–especially if he cheated his client out of the settlement he obtained for him/her–he is going to be disbarred.

    Tom Servo in reply to Wisewerds. | March 26, 2019 at 5:30 pm

    There’s a report out today that says that some of his own employees had become personally afraid of him, and because of that they contacted the FBI and for perhaps as long as a year now, they’ve been secretly forwarding all of his financial records to the FBI team in Los Angeles. (the misuse of funds case). This didn’t just drop out of the blue, they’ve been building this case for a long time, and it looks to me like they have got him nailed.

    They don’t need to subpoena any of his records, if these reports are correct they’ve already got copies of everything. That’s the downside of having everyone hate you, including your own staff.

Birds of a feather. Lawyers set up the whole system then adroity exploit and hack their own handiwork.

“Fascinating” sez Mr. Spock.

Circular firing squad.

M ichael
A venatti
G ot
A rrested

Gamble big, win big – or get squashed like a bug.

amatuerwrangler | March 26, 2019 at 4:07 pm

Michael should have taken Jesse Jackson to dinner someplace nice and asked for some professional pointers from the past master of the litigation shakedown business.

Michael should have offered, for a hefty price, to set up a consulting and training program for Nike so that their settlement could not be “misinterpreted” as extortion. After the money changed hands he would fail to perform and leave Nike to go after him.

It would be poetic justice if both Nike and Avenetti were convicted of what they are accused of.

Still long shovels and popcorn. Avenatti thinks everyone is as corrupt as him. Rumor has it he busted into a party to which is was not invited. Nike was already working with DOJ and FBI. He’s on tape offering to coverup a crime for money. His tune will soon change.

Why does anybody care what this guys says? Why is it “news”?

DouglasJBender | March 26, 2019 at 6:30 pm

Nike: “Just Sue It”

It’s certainly going to be delicious watching frauds like Avenatti go to jail.

CaliforniaJimbo | March 27, 2019 at 8:18 am

As Avenatti keeps spewing his take on Nike, it makes the case easier for the prosecutors. He thought Nike would roll over (Heck, they are the company of Kapernick). He thought wrong.
Remember, Pigs get fed, Hogs get slaughtered. Should have asked for 6 figures. He might have gotten it. 8 figures is a bit of a stretch. Maybe Avenatti was hoping for a new pair of Air Avenatti’s ?