Kanye West who now goes by the name Ye claimed in a series of Instagram posts this week that he was offered a $1 billion buyout from his Yeezy brands venture with Adidas according to Business of Fashion. Wests claim comes amid the ongoing feud he has had with the company since launching Yeezy back in 2015.
West made several accusations concerning Adidas including that the company was releasing products without his participation BoF reports. He appeared to be alluding to the Adilette Boost Slides which Adidas released earlier this summer while the Yeezy Slide shape is not the most novel the similarities between it and the Adilette 22 are clear Complex wrote at the time.The fact Adidas felt they could color my shoes and name them without my approval is really wild West said this week. My royalties next year are 500 million dollars alone. West further stressed that no matter what Adidas decides to do with the Yeezy brand it would cost the company billions. He also threatened to legally destroy Adidas. As West explained he wants to have something to hand down to his children and some things are bigger than money.West may be working on yet another deal in his effort to become the chief decision maker of his shoe company GQ reports as he has apparently dropped hints of possibly buying family owned San Antonio Shoemakers SAS according to San Antonio Express News.
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