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# Michael Avenatti Has Been Charged With Trying to Extort Nike

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<!-- video src="https://cdn.jwplayer.com/manifests/WcKqr6YZ.m3u8" -->
## Video: Michael Avenatti Has Been Charged With Trying to Extort Nike

[Watch (HLS stream): Michael Avenatti Has Been Charged With Trying to Extort Nike](https://cdn.jwplayer.com/manifests/WcKqr6YZ.m3u8) (1:07)

![Michael Avenatti Has Been Charged With Trying to Extort Nike](https://cdn.jwplayer.com/v2/media/WcKqr6YZ/poster.jpg?width=720)

_Published 2019-03-25. High-profile attorney Michael Avenatti has been arrested and charged in separate federal investigations on Monday, including one that alleges he tried to extort $20 million from Nike._


---

Jul 28, 2023 2:57 AM UTC

---

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### Stormy Daniels Lawyer Michael Avenatti Tells Iowans He's 'Exploring a Run for the Presidency'

---


## Transcript

Today we announce criminal extortion charges against Michael Avenatti. The charges are based on Avenatti's schemes to extract more than $ 20 million in payments from a public company by threatening to use his ability to garner publicity To a financial and reputational harm on the company. Avanatti's conduct had nothing to do with zealous advocacy for a client or any other kind of legitimate legal work. Instead, Avanatti used illegal and extortionate threats for the purpose of obtaining millions of dollars in payments. For himself. Through the alleged course of contact, Avenatti used legal terms like claims and settlements and retainers, but these were mere devices to provide cover for Avenatti's extortionate demands for a massive payday for himself.

By engaging in the conduct alleged in the complaint Avenatti was not acting as an attorney. A suit and tie doesn't mas the fact that at it's core, this was an old fashion shake down.

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