aujeff11 6,243 Posted March 25, 2019 Share Posted March 25, 2019 Believe he is the attorney that represented Stormy Daniels If nothing comes out of this, I’ll delete the thread. Link to comment Share on other sites More sharing options...
Tiger 8,818 Posted March 25, 2019 Share Posted March 25, 2019 Ah, waiting for Sweet 16 week to drop a bomb that people have become so numb to and just flatly don't care about when they apply some modern thought to it, huh? It's a bold strategy, let's see how it works out for 'em, Cotton. Link to comment Share on other sites More sharing options...
WarTiger 3,901 Posted March 25, 2019 Share Posted March 25, 2019 Thanks for posting. This will be interesting to see who gets implicated Link to comment Share on other sites More sharing options...
aujeff11 6,243 Posted March 25, 2019 Author Share Posted March 25, 2019 Just now, Tiger said: Ah, waiting for Sweet 16 week to drop a bomb that people have become so numb to and just flatly don't care about when they apply some modern thought to it, huh? It's a bold strategy, let's see how it works out for 'em, Cotton. I’m guessing it’s much ado about nothing. Seems like the real bombshells come out of nowhere. Waiting a day to build up hype seems rather sketchy... Link to comment Share on other sites More sharing options...
Tiger 8,818 Posted March 25, 2019 Share Posted March 25, 2019 3 minutes ago, aujeff11 said: I’m guessing it’s much ado about nothing. Seems like the real bombshells come out of nowhere. Waiting a day to build up hype seems rather sketchy... Yeah same here. I mean how can it be worse than having a coach of a top 10 team on a wiretap discussing "strong ass offers"? And that got only a sliver of attention that it would have, say, in 2010. Link to comment Share on other sites More sharing options...
aujeff11 6,243 Posted March 25, 2019 Author Share Posted March 25, 2019 3 minutes ago, Tiger said: Yeah same here. I mean how can it be worse than having a coach of a top 10 team on a wiretap discussing "strong ass offers"? And that got only a sliver of attention that it would have, say, in 2010. If North Carolina or Duke were implicated, I’d be okay with that. 😂 Link to comment Share on other sites More sharing options...
aujeff11 6,243 Posted March 25, 2019 Author Share Posted March 25, 2019 That didn’t last long: Link to comment Share on other sites More sharing options...
TexasTiger 12,829 Posted March 25, 2019 Share Posted March 25, 2019 16 minutes ago, WarTiger said: Thanks for posting. This will be interesting to see who gets implicated Avenatti! 🤣 Link to comment Share on other sites More sharing options...
Tiger 8,818 Posted March 25, 2019 Share Posted March 25, 2019 4 minutes ago, aujeff11 said: That didn’t last long: LMAOOOO they even tagged his twitter handle Link to comment Share on other sites More sharing options...
aujeff11 6,243 Posted March 25, 2019 Author Share Posted March 25, 2019 Here’s a press release on the case: https://www.justice.gov/usao-sdny/press-release/file/1147451/download Looks like he had information, but it’s probably going to be suppressed now. Link to comment Share on other sites More sharing options...
tigerbrotha12 2,362 Posted March 25, 2019 Share Posted March 25, 2019 46 minutes ago, aujeff11 said: That didn’t last long: Ha good. This Avenatti guy is a tool. Just looking for attention anywhere he can get it Link to comment Share on other sites More sharing options...
jared52 4,354 Posted March 25, 2019 Share Posted March 25, 2019 Hah, looks like Nike called his bluff. Some people live in some crazy bubbles. Link to comment Share on other sites More sharing options...
mustache eagle 2,397 Posted March 25, 2019 Share Posted March 25, 2019 Ha! Looks like somebody might be goin to jail ... Link to comment Share on other sites More sharing options...
jared52 4,354 Posted March 25, 2019 Share Posted March 25, 2019 What a wacko: http://www.espn.com/espn/story/_/id/26357332/avenatti-tried-extort-20m-nike Quote Feds: Avenatti tried to extort $20M from Nike Mark Schlabach ESPN Senior Writer 8-10 minutes 1:50 PM CT Senior college football writer Author of seven books on college football Graduate of the University of Georgia Federal prosecutors in New York and California have charged celebrity attorney Michael Avenatti with extortion and bank and wire fraud. In the New York case, Avenatti was charged with attempting to extort more than $20 million in payments from Nike by threatening to use his ability to garner publicity to inflict substantial financial and reputational harm on the company if his demands were not met. Avenatti, 48, had previously represented adult film star Stormy Daniels, whose real name is Stephanie Clifford, in her lawsuit against President Donald Trump and his former lawyer Michael Cohen. Nicholas Biase, spokesman for the Southern District of New York, told ESPN in a statement Monday that "the defendant was arrested earlier today and is in custody. He is expected to be presented in Manhattan federal court [Monday] afternoon." The Southern District tweeted that it would hold a press conference at 2:30 p.m. ET to discuss the matter. According to the New York complaint, Avenatti threatened to hold a press conference on the eve of Nike's quarterly earnings call and the start of the NCAA men's basketball tournament at which he would announce allegations of misconduct by Nike employees. "Avenatti stated that he would refrain from holding the press conference and harming Nike only if Nike made a payment of $1.5 million to a client of Avenatti's in possession of information damaging to Nike ... and agreed to 'retain' Avenatti and [an unidentified co-conspirator] to conduct an 'internal investigation' -- an investigation that Nike did not request, for which Avenatti and [the co-conspirator] demanded to be paid, at a minimum, between $15 [million] and $25 million," the complaint said. Federal prosecutors identified the co-conspirator as "an attorney licensed to practice in the state of California, and similarly known for representation of celebrity and public figure clients." The complaint says Avenatti's client is a "coach of an amateur athletic union ('AAU') men's basketball program based in California." "For a number of years, the AAU program coached by Client-1 had a sponsorship agreement with Nike pursuant to which Nike paid the AAU program approximately $72,000 annually," the complaint says. In the California case, Avenatti was accused of embezzling a client's money to pay his own expenses and debts -- as well as those of his coffee business and law firm. The U.S. attorney's office also said he defrauded a bank by using phony tax returns to obtain millions of dollars in loans. Federal prosecutors announced the charges against Avenatti less than an hour after he tweeted that he was holding a press conference on Tuesday morning "to disclose a major high school/college basketball scandal perpetrated by @Nike that we have uncovered. This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball." According to the complaint, the co-conspirator contacted Nike and stated that he wished to speak to representatives of the company and that the discussion should occur in person, not over the phone, as it pertained to a sensitive matter. During a meeting with Nike's lawyers in New York on March 19, Avenatti stated that the AAU coach, whose contract Nike had recently decided not to renew, had evidence that "one or more Nike employees had authorized and funded payments to the families of top high school basketball players and/or their families and attempted to conceal those payments, similar to conduct involving a rival company [Adidas] that had recently been the subject of a criminal prosecution in this District. Avenatti identified three former high school players in particular, and indicated that his client was aware of payments to others as well." According to prosecutors, Avenatti demanded that Nike pay his client $1.5 million for any claims the coach might have regarding Nike's decision not to renew his team's contract, and that Nike must hire Avenatti and the co-conspirator to conduct an internal investigation, with the stipulation that if the company hired another firm to conduct the inquiry, it would still have to pay Avenatti and the co-conspirator "at least twice the fees of any other firm hired." "At the end of the meeting, Avenatti and [the co-conspirator] indicated that Nike would have to agree to accept those demands immediately or Avenatti would hold his press conference," the complaint says. Later that day, Nike's attorneys contacted the co-conspirator to tell him that the company needed more time. Avenatti and the co-conspirator agreed to give Nike two days to consider the offer. Nike's attorneys contacted the Southern District of New York and made prosecutors aware of Avenatti's threats and extortion demands. On March 20, one of Nike's attorneys sent the co-conspirator a text message to schedule a telephone call later that day. The call was recorded and monitored by law enforcement. During a three-way call later that day, Avenatti reiterated that he expected to "get a million five for our guy" and be "hired to handle the internal investigation." "If you don't wanna do that, we're done here," Avenatti told Nike's attorneys. "I'm not [expletive] around with this, and I'm not continuing to play games," Avenatti said during the call, according to the complaint. "You guys know enough now to know you've got a serious problem. And it's worth more in exposure to me to just blow the lid on this thing. A few million dollars doesn't move the needle for me. I'm just being really frank with you. So if that's what, if that's what's being contemplated, then let's just say it was good to meet you, and we're done. And I'll proceed with my press conference tomorrow. "I'm not [expletive] around with this thing anymore. So if you guys think that you know, we're gonna negotiate a million five, and you're gonna hire us to do an internal investigation, but it's gonna be capped at 3 or 5 or 7 million dollars, like let's just be done. ... And I'll go and I'll go take ten billion dollars off your client's market cap. But I'm not [expletive] around." During a meeting with Nike's attorneys the next day, Avenatti that he and his co-conspirator would require a $12 million retainer to be paid immediately and to be "deemed earned when paid," with a minimum guarantee of $15 million in billing hours and a maximum of $25 million. When one of Nike's attorneys asked Avenatti if the sneaker company could pay one lump sum and not hire them to conduct the internal investigation, Avenatti said, "If [Nike] wants to have one confidential settlement and we're done, they can buy that for twenty-two and a half million dollars and we're done. ... Full confidentiality, we ride off into the sunset." Avenatti told Nike's attorneys: "I just wanna share with you what's going to happen, if we don't reach a resolution. ... As soon as this becomes public, I am going to receive calls from all over the country from parents and coaches and friends and all kinds of people. This is always what happens. And they are all going to say, 'I've got an email or a test message.' Now, 90 percent of that is going to be bull**** because it's always bull**** 90 percent of the time, always, whether it's R. Kelly or Trump. The list goes on and on. But 10 percent of it is actually going to be true, and then what's going to happen is that this is going to snowball. That's going to be the Washington Post, the New York Times, ESPN, a press conference, and the company will die -- not die, but they are going to incur cut after cut after cut after cut, and that's what's going to happen as soon as this thing becomes public." On March 21, Avenatti tweeted a link to a story about an Adidas employee being sentenced to nine months in prison for his role in a pay-for-play scheme to send high-profile recruits to Adidas-sponsored programs. Avenatti included the remark: "Something tells me that we have not reached the end of this scandal. It is likely far far broader than imagined ..." The Associated Press contributed to this report. Link to comment Share on other sites More sharing options...
gr82be 14,423 Posted March 25, 2019 Share Posted March 25, 2019 For some reason I would be far more interested in a scandal involving Nike and college football if you know what I mean. Link to comment Share on other sites More sharing options...
doverstutts 1,643 Posted March 25, 2019 Share Posted March 25, 2019 avenattti is a con man and a fraud, but what do you bet there is an investigation with nike going on, like adidas?....he probably has nothing, but thats a bold plan to go against a company like nike armed with nothing more than bluff,bluster and a nerf gun Link to comment Share on other sites More sharing options...
AU64 10,122 Posted March 25, 2019 Share Posted March 25, 2019 2 hours ago, TexasTiger said: Avenatti! 🤣 Yep....the guy is a first class sleaze and is being sued for extortion or something I understand.....Nike fighting back? Link to comment Share on other sites More sharing options...
TexasTiger 12,829 Posted March 25, 2019 Share Posted March 25, 2019 4 minutes ago, AU64 said: Yep....the guy is a first class sleaze and is being sued for extortion or something I understand.....Nike fighting back? I rarely pull for an huge corporation that corrupts college sports, but in this case... Link to comment Share on other sites More sharing options...
Mike4AU 1,739 Posted March 25, 2019 Share Posted March 25, 2019 Avenatti is trying his best to get disbarred. He has lots of financial problems. Link to comment Share on other sites More sharing options...
AU64 10,122 Posted March 25, 2019 Share Posted March 25, 2019 3 minutes ago, Mike4AU said: Avenatti is trying his best to get disbarred. He has lots of financial problems. Not surprised.....and yet some of the national media just seem to hang on his every word as it he were an Atticus Finch. Link to comment Share on other sites More sharing options...
doverstutts 1,643 Posted March 25, 2019 Share Posted March 25, 2019 22 minutes ago, AU64 said: Not surprised.....and yet some of the national media just seem to hang on his every word as it he were an Atticus Finch. he was indicted TWICE today!!!!! lol, LA and SDNY came calling for some real bad things....lol Link to comment Share on other sites More sharing options...
Mike4AU 1,739 Posted March 25, 2019 Share Posted March 25, 2019 Mark Geragos was also indicted as a co-conspirator with Avenatti. Both are frequent contributors to CNN. CNN gets in the sewer with lots of scum. Not surprising. Link to comment Share on other sites More sharing options...
Dual-Threat Rigby 8,662 Posted March 25, 2019 Share Posted March 25, 2019 The only positive of us not being signed to Nike (or Adidas) Link to comment Share on other sites More sharing options...
AUDub 11,147 Posted March 26, 2019 Share Posted March 26, 2019 Avenatti is dropping Bol Bol’s name on Twitter as we speak. Link to comment Share on other sites More sharing options...
jared52 4,354 Posted March 26, 2019 Share Posted March 26, 2019 1 hour ago, AUDub said: Avenatti is dropping Bol Bol’s name on Twitter as we speak. I doubt anyone believes anything he has to say at this point. Link to comment Share on other sites More sharing options...
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