Continuing to share the developments in his feuds with adidas and Gap, Ye has now shared the negotiation terms he is offering the German sportswear company. Taking to Instagram, Ye shared a few screenshots of conversations he is having and publicly outlined what he is offering adidas.
The YEEZY head shared a look into his communication with adidas, revealing his negotiations through Torben Schumacher
SVP, Global General Manager adidas Originals, Basketball & Partnerships at adidas. Currently, Ye is exploring chances of working with adidas as a non-exclusive manufacturing and distribution partner. If adidas takes the offer, they would receive a royalty of 20 percent of net profits from sales generated.
Stay tuned for more details regarding Ye’s ongoing feud with adidas.
In case you missed it, watch this Grand Theft Auto-inspired YEEZY GAP walk-through of Tokyo.
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