UPDATE (July 30th, 3:23 p.m.): TMZ reports Odell Beckham is suing Ishmael Temple:
Odell claims Temple is full of crap -- and, in new court docs, claims Temple and his attorney were only after a huge payday ... and threatened to ruin Odell's reputation by leaking salacious allegations about him to the media if he didn't pony up.
Beckham claims Temple initially demanded a $999,999 settlement -- but then lowered the asking price to $225k.
"Suffice it to say, Mr. Beckham refused to be extorted," the lawsuit claims.
Beckham has denied ANY wrongdoing and is now suing Temple and attorney Emmanuel Nsahlai for civil extortion.