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 hereโs what he had to say:
โThe fact [Adidas] felt they could colour my shoes and name them without my approval is really wild,โ Ye revealed in an Instagram post.
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โI 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
โI have no chill. Itโs going to cost you billions to keep me. Itโs going to cost you billions to let me go, Adidas.โ
Then, taking a page out of Karl Marxโs 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.
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โIโve went to JP Morgan but of course they wonโt give me no deal flow cause Jing Ulrich is on the board of both Adidas and JP Morgan,โ added Ye.
โWhat 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 latterโs Wikipedia page accompanied by a โ:)โ.
Whatever comes of this, thereโll surely be monster dollars to be made. This we know for sure.
