Nike getting ready to have their own college BB scandal. Bring on the bribes!

[BigRedChief]

He’s a scumbag but you know Nike was doing the same shit Adidass was doing in college BB.

Tmrw at 11 am ET, we will be holding a press conference 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.

— Michael Avenatti (@MichaelAvenatti) March 25, 2019

[FAX]

Uh ... I think that event has been canceled.

FAX

[eDave]

. This lawyer ****ed himself bad. Extorting a $100b company. lol

[Munson]

[eDave]

This sucker goes to DC real quick. Where there is already a thread.

[BigRedChief]

Originally Posted by FAX

Uh ... I think that event has been canceled.

FAX

its going to get out. He’s going to sing like a bird to avoid jail. Someone else will eventually if not him. You know Nike is/was just as dirty.

[BigRedChief]

Originally Posted by eDave

This sucker goes to DC real quick. Where there is already a thread.

as you know, I don’t post in there anymore. This thread is about Nike bribing kids and coaches. Not about a scumbag lawyer rather a scumbag company masquerading as a good company.

[eDave]

Originally Posted by BigRedChief

as you know, I don’t post in there anymore. This thread is about Nike bribing kids and coaches. Not about a scumbag lawyer rather a scumbag company masquerading as a good company.

You know how this will turn out. :0

[frozenchief]

Originally Posted by BigRedChief

its going to get out. He’s going to sing like a bird to avoid jail. Someone else will eventually if not him. You know Nike is/was just as dirty.

Did you read the complaint? Avenatti tells Nike he is representing an AAU coach whose contract with Nike was cut short. Avenatti demanded damages. This is legal.

Avenatti went on to say that he also had information about bribes they (allegedly - have no idea what he based this upon) paid and that Nike could avoid that information being leaked if Nike hired him and Garagos to do an internal investigation. Companies do internal investigations all the time but Avenatti made it explicit that Nike had to pay him and Garagos between $15 and $25 million to do an internal investigation so they could self-report any issues they found. Nike had already gone to the FBI and Nike lawyers were told what to ask. FBI agents had Nike officials specifically focus upon the requirement that Avenatti and Garagos do the internal investigation, again because this was clearly extortion since it was to directly benefit them instead of clients. It is legal for them to call Nike and say, "Hey, I have a client who was damaged by your company. Pay my client money and we won't sue you."

Nike went to the DOJ through their own counsel, including both in house and outside counsel. That rdisplays a lot of confidence that they would withstand an investigation. Further, while the previous federal case involved Adidas as the apparel manufacturer, it involved several schools and a myriad of witnesses. Undoubtedly federal agents asked those witnesses if they knew anything about other apparel manufacturers, such as Nike, Reebok, Under Armor and others. No cases have been brought.

Given how Avenatti's damaged his reputation by the filing of this charge and the concurrent fraud charges in California, that Nike reported this to the DOJ and that another investigation has already occurred into college BBall, Avenatti would not have anything that the federal government would want. He may sing but he will have no audience.

[veist]

Originally Posted by frozenchief

Did you read the complaint? Avenatti tells Nike he is representing an AAU coach whose contract with Nike was cut short. Avenatti demanded damages. This is legal.

Avenatti went on to say that he also had information about bribes they (allegedly - have no idea what he based this upon) paid and that Nike could avoid that information being leaked if Nike hired him and Garagos to do an internal investigation. Companies do internal investigations all the time but Avenatti made it explicit that Nike had to pay him and Garagos between $15 and $25 million to do an internal investigation so they could self-report any issues they found. Nike had already gone to the FBI and Nike lawyers were told what to ask. FBI agents had Nike officials specifically focus upon the requirement that Avenatti and Garagos do the internal investigation, again because this was clearly extortion since it was to directly benefit them instead of clients. It is legal for them to call Nike and say, "Hey, I have a client who was damaged by your company. Pay my client money and we won't sue you."

Nike went to the DOJ through their own counsel, including both in house and outside counsel. That rdisplays a lot of confidence that they would withstand an investigation. Further, while the previous federal case involved Adidas as the apparel manufacturer, it involved several schools and a myriad of witnesses. Undoubtedly federal agents asked those witnesses if they knew anything about other apparel manufacturers, such as Nike, Reebok, Under Armor and others. No cases have been brought.

Given how Avenatti's damaged his reputation by the filing of this charge and the concurrent fraud charges in California, that Nike reported this to the DOJ and that another investigation has already occurred into college BBall, Avenatti would not have anything that the federal government would want. He may sing but he will have no audience.

I'm going to paraphrase a lawyer here: When you do something shady and don't hear back for a while until you get a "hey can you talk to us about your plan to do crime?" phone call the only answer is "I don't know what you're talking about."

[Munson]

The SDNY has Avenatti on tape trying to extort Nike.

He is thoroughly screwed.

[CaliforniaChief]

Michael Avenatti

[Pitt Gorilla]

Originally Posted by BigRedChief

its going to get out. He’s going to sing like a bird to avoid jail. Someone else will eventually if not him. You know Nike is/was just as dirty.

[BigRedChief]

Originally Posted by Pitt Gorilla

no way anyone really believes Nike wasn’t putting money in the hands of those AAU coaches. Nada chance Adadis was the only company.