Adidas to resume selling Yeezys and Kanye is getting his proceeds

Thavoiceofthevoiceless

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That's not an easy explanation because:

1. The 15% was when they were partners. They are no longer partners.

2. They just froze $75 million in profits from the shoes. From his personal Yeezy accounts. Why do you think they did that? No one can give me an explanation.

If Nike fires Tinker Hatfield, he doesn't walk out the door with all his designs and a cut of anything moving forward. He's fired.

Fred.
That is an easy explanation as Ye still owns the Yeezy name. We are talking about the Yeezy name and not any of the designs whatsoever.The fact that they aren't business partners anymore doesn't change that important detail and why he was able to use the Yeezy name in his deal with Gap.

They're still going to use the exact same design and price point based on the mockups out here, but they can't use the Yeezy name or else they owe him 15% of each Yeezy branded sneaker sold.
 
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hex

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That is an easy explanation as Ye still owns the Yeezy name. We are talking about the Yeezy name and not any of the designs whatsoever.The fact that they aren't business partners anymore doesn't change that important detail and why he was able to use the Yeezy name in his deal with Gap.

They're still going to use the exact same design and price point based on the mockups out here, but they can't use the Yeezy name or else they owe him 15% of each Yeezy branded sneaker sold.

:dwillhuh:

I feel like you cats aren't reading the links in here.

Adidas froze $75 mill in the Yeezy accounts, which was profits from the Adidas partnership.

You cats keep saying they owe him 15%, without explaining why they tried to take the money they already gave him in the first place.

Fred.
 

Thavoiceofthevoiceless

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:dwillhuh:

I feel like you cats aren't reading the links in here.

Adidas froze $75 mill in the Yeezy accounts, which was profits from the Adidas partnership.

You cats keep saying they owe him 15%, without explaining why they tried to take the money they already gave him in the first place.

Fred.
Them trying to take away the $75 million still doesn’t change the fact that he owns the Yeezy name and they owe him that 15% whether they want to or not.

It wasn’t sorely Adidas call that Yeezy’s are being released next week as that’s not how business works as they only own the design and not the name.
 

CodeBlaMeVi

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Well, why don't you advance the argument by explaining to me how they owe him 15% for designs he no longer owns:


This is probably the part where you say "but they don't own the Yeezy brand!" which is a fair point....but the $75 million was in Yeezy accounts. Again, that's in the articles I linked.

Meaning, it seems to me they don't even want to pay him for the branding at this point.

I'm not trying to be a dikk head here breh, I'm legit confused by why you keep inserting info (joint account, shared assets, "he was paid for marketing", "they need to work out who owns what") into the conversation when every link I've given you says:

1. It's his personal Yeezy accounts.

2. It's profits from his shoes.

Again, I'm not attacking you I just don't get how or why you're coming to these conclusions.



I'm assuming they feel entitled to his Yeezy profits because he single handedly destroyed the partnership, and cost them a fukk ton of money.

Not saying that's right or wrong, but that seems to be the move here. And since they own the designs, and the partnership has ended, I'm confused why people are quoting 15% moving forward. They are no longer in business together.

Fred.
Anything with the Yeezy name, pay him. They’re just playing hard ball because it’s spite. It’s just bad blood. It is what it is but he’s going to get his money eventually. They know Yeezy is going to come back in a big way so they want to delay as much as they can.
 

Born Rich

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I see slides, foam runners, and other Yeezys being worn every time I leave the crib. They're still popular.

especially in Chicago…see kids and adults from all walks of life rockin yeezys…
 

ORDER_66

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hex

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Thavoiceofthevoiceless

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You might want to check the update to the article title.

They added "allegedly" because they have no proof he's owed 15%.

Which is what I keep saying. :yeshrug:

Fred.
The "allegedly" is referring to the number of Yeezy's that were sold on Wednesday and based on everyone was getting W's for the most part, the number sounds totally believable. They reiterated the 15% that Adidas owe him, which is what's been said all about from Hypebeast and other sites as well.
 
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