TMZ: Kanye Is Burning Through Money... Headed Towards Financial Ruin? (UPDATE-ADIDAS DROPPED HIM)

[boogers]

pocket watching is corny

so is every move Ye's made since MBDTF

idk what kind of sad clown still defends this man 12 years past his expiration date

 

[Heavy_Handz]

pocket watching is corny

so is every move Ye's made since MBDTF

idk what kind of sad clown still defends this man 12 years past his expiration date

fukk Kanye. He been played. Ain’t liked shyt he done since that garbage Yeezus album. Difference is I’m speaking facts and you’re operating out of an emotional state because he been c00ning

 

[Theraflu]

UPDATE

ADIDAS DROPPED HIM

 

[Apollo Creed]

UPDATE

ADIDAS DROPPED HIM

Yeah I don’t see Kanye coming back from this sven if he walks back everything he said. Unless dude gets some direct overseas investors that will allow him to scale products.

 

[@OffHalsted]

Ye still not apologizing.... #Balls

 

[MarcP]

Bro went from begging for 50M, to becoming a billionaire, to losing everything all over again.

Hope he got a deal lined up with China.

 

[zerorequiem]

Brought this upon himself. Don’t blame this shyt on mental illness either he CLEARLY knows what he’s saying and doing. When you get militant Nazis to agree with you

MAGA Cacs and c00ns MAY keep fukking with him, but I would be surprised. They may try to get some use out of him.

Mosey on back to Wyoming breh.

 

[Monoblock]

A fool and his money..

 

[Theraflu]

pocket watching is corny

so is every move Ye's made since MBDTF

idk what kind of sad clown still defends this man 12 years past his expiration date

Corny?

 

[Theraflu]

It's so weird multiple reputable financial institutions list him as one but the armchair experts would swear he isn't.


Ffs yeezy itself makes up 8% of adidas annual revenue, and is valued at around 3 to 4 billion.

Not even 10% so you wrong from jump

Why you caping so hard for a c00n?

Y’all CACy as hell with all the Kanye not a billionaire talk

 

[3rdWorld]

Thankfully I never spent a single dime on anything he ever released..

 

[-DMP-]

Jay loaned him $20 mm?

The goat is a gracious goat.

You should see him at dinner

 

[CashmereThoughts]

Kanye said Addidas offered to buy him out for $1B, which doesn't sound crazy if they paid him $140M last year. So he may in fact have assets valued at over $1B.

Addias going to keep bootlegging his designs and probably have the right to re release his catelogue of sneakers the same way they drop Kobe’s all the time. Value of his IP decreases when he has to compete against adidas and their distribution network

 

[blockburna420]

so does this mean he's losing value and/or they bouta start cutting checks?

 

[Master Teacher]

Addias going to keep bootlegging his designs and probably have the right to re release his catelogue of sneakers the same way they drop Kobe’s all the time. Value of his IP decreases when he has to compete against adidas and their distribution network

Kanye can just make a new design, people want to wear kanye shyt not adidas

This like the Bulls getting rid of Jordan because of said some shyt that offended people