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

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

— Updated on 10 February 2023
Garry Lu
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 – 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 – here’s what he had to say:

“The fact [Adidas] felt they could colour my shoes and name them without my approval is really wild,” Ye revealed in an Instagram post.

RELATED: Adidas Could Lose Over $1 Billion If It Doesn’t Figure Out What To Do With Its Yeezys Stockpile

“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. My royalties next year are $500 million alone.”

”I have no chill. It’s going to cost you billions to keep me. It’s going to cost you billions to let me go, Adidas.”

Then, taking a page out of Karl Marx’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.


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

“I’ve went to JP Morgan but of course they won’t give me no deal flow cause Jing Ulrich is on the board of both Adidas and JP Morgan,” added Ye.

“What show company will give me control? I need to be head of the board and the chief decision maker.”

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 latter’s Wikipedia page accompanied by a “:)”.

Whatever comes of this, there’ll surely be monster dollars to be made. This we know for sure.


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Garry Lu
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. 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. Drop him a line at [email protected]


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