Kanye West Claims Adidas Offered Him A $1 Billion Buyout From Yeezy Venture
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โ€” Updated on 10 February 2023

Kanye West Claims Adidas Offered Him A $1 Billion Buyout From Yeezy Venture

โ€” Updated on 10 February 2023
Garry Lu
WORDS BY
Garry Lu

The era of Kanye West and Adidas might soon be coming to an end as the Grammy Award-winning multihyphenate alleges there was a buyout attempt.

In yet another signature Instagram tirade wherein the man legally known as Ye aired his grievances about the German sportswear company โ€“ namely the actions of Senior Vice President & General Manager Daniel Cherry III, the release of products without his participation, as well as accusations of plagiarism โ€“ hereโ€™s what he had to say:

โ€œThe fact [Adidas] felt they could colour my shoes and name them without my approval is really wild,โ€ Ye revealed in an Instagram post.

RELATED: Adidas Could Lose Over $1 Billion If It Doesnโ€™t Figure Out What To Do With Its Yeezys Stockpile

โ€œI really care about building something that changes the world and something I can leave to my kids. They tried to buy me out for $1 billion. My royalties next year are $500 million alone.โ€

โ€I have no chill. Itโ€™s going to cost you billions to keep me. Itโ€™s going to cost you billions to let me go, Adidas.โ€

Then, taking a page out of Karl Marxโ€™s book, the billionaire has (ironically) sworn off venture capitalists, capitalism as a whole (sort of), before making a move to seize the means of production. And by the latter, I mean simply expressing a desire to take over a shoe company and/or factories dedicated to manufacturing footwear.

https://www.instagram.com/p/CiIK1kIuKia/?utm_source=ig_web_copy_link

RELATED: Kanye West Files To Trademark YEEZUS Amusement Parks (And 16 Other Concepts)

โ€œIโ€™ve went to JP Morgan but of course they wonโ€™t give me no deal flow cause Jing Ulrich is on the board of both Adidas and JP Morgan,โ€ added Ye.

โ€œWhat show company will give me control? I need to be head of the board and the chief decision maker.โ€

Shortly after, Kanye West alluded to a potential successor to Adidas in San Antonio Shoemakers, a family-owned American manufacturer based in Texas and specialising in handcrafted kicks, by posting a screenshot of the latterโ€™s Wikipedia page accompanied by a โ€œ:)โ€.

Whatever comes of this, thereโ€™ll surely be monster dollars to be made. This we know for sure.

https://www.instagram.com/p/CiIu_9luIJP/?utm_source=ig_web_copy_link
Garry Lu
WORDS by
After stretching his legs with companies such as The Motley Fool and the odd marketing agency, Garry joined Boss Hunting in 2019 as a fully-fledged Content Specialist. In 2021, he was promoted to News Editor before departing the team in 2025. Garry proudly retains a blue belt in Brazilian Jiu-Jitsu, black bruises from Muay Thai, as well as a black belt in all things pop culture.

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