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Michael Avenatti Blasts Nike, Accuses Company of Paying Deandre Ayton, Bol Bol

Michael Avenatti is not lying low following his release from custody for allegedly extorting Nike -- instead, he's doubling down ... and throwing an NBA star and college superstar under the bus.

The lawyer just went on a Twitter attack against Nike, claiming the company has not been cooperating with a federal investigation into its Elite Youth Basketball League (EYBL) for over a year.

Avenatti adds ... "Unless you count lying in response to subpoenas and withholding documents as 'cooperating.' They are trying to divert attention from their own crimes."

The "divert attention" part is interesting -- Avenatti is implying his arrest Monday for allegedly trying to extort $20 million out of Nike in exchange for not announcing harmful allegations against the company is a distraction for its own crimes.