The following day, in a phone conversation with the attorneys, Avenatti stated that if his demands were not met he would "take 10 billion dollars off your client's market cap ... Authorities said he haggled with Nike attorneys over the amount he should be paid, finally telling them he would "ride off into the sunset" if he received $22.5 million. "This criminal conduct reaches the highest levels of Nike and involves some of the biggest names in college basketball," he added. "When Nike became aware of this matter, Nike immediately reported it to federal prosecutors." "I ask that the media respect my decision to withhold further public comment regarding Mr. Avenatti at this time."

Source: Bangkok Post March 25, 2019 20:48 UTC