Nike responds to Michael Avenatti arrest: We 'will not be extorted'

3:44 PM ET Mon, 25 March 2019

CNBC's "Closing Bell" team and Eric Chemi report on the latest details surrounding the arrest of celebrity lawyer Michael Avenatti. Avenatti was charged with trying to extort Nike for $20 million dollars. Chemi breaks down comments from the sports apparel giant.