Where's breh that said Ye only own 1.5% of Yeezy?

Calmye

Cali born Cali bred
Supporter
Joined
Jun 8, 2012
Messages
17,133
Reputation
-4,787
Daps
33,999
Reppin
So. Cal
Kanye West is the only rapper to land in the top 10, coming in at No. 3 after bringing in $150 million in the last 12 months. A majority of that comes from his Yeezy sneakers line with Adidas, as he has full ownership of the brand and gets 15 percent royalties per shoe on wholesale.
:ufdup:
XXLmag.com
 

dora_da_destroyer

Master Baker
Joined
May 1, 2012
Messages
66,640
Reputation
17,220
Daps
274,801
Reppin
Oakland
own 100% of the brand and only get 15% royalties brehs.
so what exactly should it be? dude gets to own his brand, meaning the he can license it when and where he wants, as well as meaning it covers his apparel line where we don't know the cut. then he gets 15% royalties on the shoes adidas produces and sells on top of that...how is this a loss?
 

EBK String

Better Ring String
Supporter
Joined
Nov 8, 2017
Messages
32,298
Reputation
6,401
Daps
313,021
so what exactly should it be? dude gets to own his brand, meaning the he can license it when and where he wants, as well as meaning it covers his apparel line where we don't know the cut. then he gets 15% royalties on the shoes adidas produces and sells on top of that...how is this a loss?

if I was his lawyer he would be getting more. He has all the leverage.
 
Top