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Nike responds to latest allegations from Michael Avenatti

Lawyer Michael Avenatti Arrested In New York For Nike Extortion

NEW YORK, NY - MARCH 25: Michael Avenatti, the former lawyer for adult film actress Stormy Daniels’ and a fierce critic of President Donald Trump, exits a New York court after being arrested for allegedly trying to extort Nike for $15-$25 million on March 25, 2019 in New York City. The counts against Avenatti are to include conspiracy to transmit interstate communications with intent to extort, conspiracy to commit extortion and more. Avenatti is expected to answer to the charges later Monday. (Photo by Stephanie Keith/Getty Images)

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Nike released a statement on Saturday responding to the latest allegations and document dump from Michael Avenatti, a lawyer best known for representing Stormy Daniels that is currently facing charges stemming from the attempted extortion of Nike.

“Nike will not respond to the allegations of an individual facing federal charges of fraud and extortion and aid in his disgraceful attempts to distract from the athletes on the court at the height of the tournament,” read the statement which was obtained by Yahoo. “Nike will continue its cooperation with the government’s investigation into grassroots basketball and the related extortion case.”

Avenatti released a dropbox full of documents that appear to show a series of payments made by Nike to handlers and family members of Deandre Ayton, Brandon McCoy and Bol Bol. The documents -- which include bank statements, evidence of wire transfers and text messages that corroborate the Avenatti’s allegations -- total more than $170,000 in payments.

Avenatti represented Gary Franklin, a former coach for California Supreme, an AAU program that produced Ayton, Bol and McCoy that was sponsored by Nike and a part of the EYBL.