Ye Claims adidas Offered $1 Billion USD Buyout, Wants to Leave or Take Over Shoe Factories

Continuing to air his frustrations with adidas on Instagram, Ye has now claimed that the German sportswear company offered him a $1 billion USD buyout. Last week, the vocal creative began to target adidas‘ executives, namely Senior Vice President/General manager Daniel Cherry III, alleging the release of products without his knowledge.

“The fact [adidas] felt they could color my shoes and name them without my approval is really wild,” Ye shared in an Instagram post. Adding, “I 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 dollars [USD]. My royalties next year are 500 million dollars [USD] alone.”

Ye has now taken to Instagram once again to lay out potential plans he has for the future. Highlighting the uncertainty of his relationship with adidas, Ye touched on his desire to take over a shoe company or factories for the construction of footwear. Launching an open call for a shoe company that will let him become the head of the board and “chief decision maker.”

In a follow-up Instagram post, Ye shared a screenshot showing a link to San Antonio Shoemakers’ Wikipedia page. Also known as SAS Shoes, the family-owned American shoe manufacturer based in San Antonio, Texas specializes in handcrafted men’s and women’s shoes. The post was simply accompanied by “: ).”

Stay tuned for more developments in Ye’s ongoing feud with adidas.


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A post shared by Ye West (@kanyewest)


View this post on Instagram


A post shared by Ye West (@kanyewest)

In case you missed it, check out the new YEEZY GAP ENGINEERED BY BALENCIAGA collection.

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