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Kanye West accuses Adidas of Releasing Unauthorized Yeezys

Kanye West loses a multimillion-dollar contract with Adidas due to anti-Semitic remarks, causing a financial decline. Adidas terminates the Yeezy collaboration, releasing new stock.

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Kanye West accuses Adidas of Releasing Unauthorized Yeezys

Kanye West accuses Adidas: Due to a succession of anti-Semitic remarks, Kanye West lost a multimillion-dollar contract with Adidas in 2022, precipitating a steep decline in his financial situation. In October of that year, the organization officially declared that it was terminating its highly profitable collaboration with Kanye West regarding the Yeezy collection.

Forbes estimated the Adidas deal to be worth approximately $1.5 billion, causing West’s net worth to decrease to $400 million in its absence.

Despite expectations that Adidas would stop making new Yeezy sneakers after the deal fell through, the company would continue to release the stock over the year. The Yeezy Boost 350 v2 “Steel Gray” was recently unveiled, and Ye has much to say about it.

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Kanye condemns Adidas

After the unveiling of the new Yeezys, the rapper expressed his disapproval of Adidas on his Instagram account. “A Ye fan would not purchase these counterfeit Yeezys.” I never imagined how these colors appeared. “Adidas is suing me for not receiving payment for them,” West wrote.

“Five Fortune 500 companies have raped one of your heroes in person, or you could observe me concealing my children from myself. No one has spoken out or taken action regarding the system; therefore, what are you all going to do now? Remove my album once more, freeze my accounts once more, or threaten individuals with a cessation of all future collaborations? “Every newly manufactured 350cc that has not been approved is coordination.”

 

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Additionally, the musician claimed in a video that he uploaded to his account that Adidas had issued him “fake” sneakers and that he was the target of a “$250 million” lawsuit from the business.

“In addition to releasing counterfeit colors, they are also suing me for $250 million and failing to compensate me for the shoes bearing my name,” he explained.

“With much less than fifty years of business experience, they are raping one of your favorite artists in broad daylight, in your presence, by utilizing contract clauses.”

As of Monday afternoon, according to Billboard, there is no indication that Adidas has initiated legal proceedings against West or his companies.

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