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Adidas’ statement it will offer Yeezy styles without Yeezy branding ought to be cash to Kanye West‘s ears … TMZ has actually discovered he has that in composing, but he’s not getting a penny.
Sources with direct understanding of the offer Ye signed with Adidas … inform us there’s a provision in the contract that calls for the rapper/designer to get a decreased fee if Adidas offers his styles without his branding.
That’s fascinating due to the fact that when Adidas cut ties last month with Ye — over his antisemitic and bigoted statements — it stated it would not pay him a single cent from that day forward. Of course, that was in the past Wednesday’s announcement it will present a few of Ye’s shoes in 2023 … simply with Adidas name and markings, rather of Yeezy.
TMZ asked the German shoe co. if it prepared to follow through on paying Ye’s decreased fee, and a representative stated he’s getting no, zilch, null … bupkis.
Now, there’s more than likely a morals provision in the contract too — and Adidas might quickly state Ye’s dislike speech made up a breach which nullified their offer. Adidas is offering no more description, so we have actually gotta checked out the tea leaves.
TMZ.com
Whatever the case … if Ye desires payment for the rebranded shoe sales, he’s gonna have to inform to a judge.
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