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EXTORTION — AVANATTI
How Avenatti May Have Crossed The
Line Into Extortion
By Andrew Strickler
Share us on: By Andrew Strickler
Law360 (March 26, 2019, 9:52 PM EDT) -- A day after being accused of trying to extort
Nike, attorney and President Donald Trump antagonist Michael Avenatti was on the
offensive Tuesday with allegations of corruption on the part of the company, but those
counterpunches likely won't help him dodge federal charges that he went beyond hardball
advocacy.
According to prosecutors, Avenatti pressed Nike to pay him millions of dollars as an
"internal investigator" in addition to the much smaller figure he demanded from the sports
gear giant for his youth basketball coach client.
The lack of nexus between his client's alleged injury at Nike's hands and Avenatti's demand
for eight-figure fees as an investigator puts the allegations well beyond the realm of
aggressive posturing and into the parameters of federal extortion statutes, said criminal
defense attorney Jeremy Saland of Crotty Saland PC.
"Being a blowhard is not illegal, but whether what he's claiming Nike did is fact or fiction
doesn't justify trying to enrich himself with a job that doesn't help remedy a wrong suffered
by a client," Saland said.
On Monday, federal officials in New York arrested Avenatti, charging the pugnacious
Los Angeles lawyer with threatening Nike with a stock-price-sinking press conference
about recruitment misconduct if it didn't pay up.
Avenatti, who purported to be representing the coach of a youth basketball team once
sponsored by Nike, demanded $1.5 million for the client, who had recently seen Nike drop
its support, according to the charges. Separately, Avenatti and another attorney — an
unnamed co-conspirator since identified as celebrity defense attorney Mark Geragos —
also demanded Nike hire them to conduct an "internal investigation" related to amateur
player recruiting.
The cost: at least $12 million and as much as $25 million. Prosecutors said Avenatti was
also recorded at a March 21 meeting with Nike lawyers at Boies Schiller Flexner LLP
offering to end the entire matter, with no bad publicity for Nike, for $22.5 million.
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| Filename | HOUSE_OVERSIGHT_031776.jpg |
| File Size | 0.0 KB |
| OCR Confidence | 85.0% |
| Has Readable Text | Yes |
| Text Length | 2,203 characters |
| Indexed | 2026-02-04T17:11:09.181509 |