Avenatti was charged in March with attempting to extort up to $25M from Nike

Disgraced attorney Michael Avenatti was found guilty of attempting to extort up to $25 million from athleticwear giant Nike, a jury announced Friday.

Avenatti was initially charged in March with extortion, transmission of interstate communications with intent to extort, conspiracy to commit extortion and conspiracy to transmit interstate communications with intent to extort.

Both conspiracy counts were later dismissed, but a new charge for honest services wire fraud was added, according to a superseding indictment from November.

Avenatti's trial started at the end of January and lasted just shy of two weeks. The jury of six men and six women began deliberating Wednesday morning. Read more at FOX Business