Prosecutors: Deeply-in-debt Michael Avenatti sought payday

Prosecutors say California attorney Michael Avenatti was over $15 million in debt when he tried to extortup to $25 million from Nike, while Avenatti's lawyers say the money he legally requested to conduct an internal probe of the sportswear giant was a bargain.For Avenatti, it is the first of three scheduled trials in the next five months.Criminal charges against him in other cases include allegations in New York that he defrauded ex-client porn star Stormy Daniels out of proceeds of a book deal