Lawyer Michael Avenatti was arrested on federal charges of extortion, wire fraud and bank fraud on Monday after attempting to extort Nike for $20 million. The attorney's office for the southern district of New York held a press conference shortly after Monday's arrest, providing of Avenatti's conspiracy plot. Check out the full timeline of Avenatti's botched extortion plot below: March 19: Avenatti meets with Nike representatives threatens to hold a press conference the following day accusing Nike of involvement in the basketball bribery scandal unless Nike agrees to make multimillion-dollar payments to Avenatti under the guise of legal work. March 20: Avenatti: "I'm not fing around with this, and I'm not continuing to play games…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…" Avenatti: "And I'll proceed with my press conference tomorrow and I'll hang up with you now…and I'll go take $10 billion off your client's market cap.