News

Kanye's Royalty Deal With Adidas For Yeezy's Revealed

By HHL JT
pixel_start

Kanye West earns 5% royalties on his Yeezy collaboration with adidas.

That came to $65 million last year and should be about that again in 2019, as Yeezys are expected to do $1.3 billion in sales.

This information was revealed in a New York Times expose about diversity at adidas.

Black employees represent 4.5 percent of the workforce at the company's headquarters in Portland. Some of these black workers feel "marginalized and sometimes discriminated against" and note the irony of adidas partnering with black athletes and entertainers like Kanye, Pharrell, and Beyonce. 

 Last year, only three of adidas’ 340 vice presidents were black.

Back to Kanye's deal: Do you think it's a good one?

pixel_end
Posted In: News Kanye West
News Kanye is Suddenly Looking a Lot Younger Kanye is Suddenly Looking a Lot Younger / News News Kanye is Suddenly Looking a Lot Younger Kanye is Suddenly Looking a Lot Younger / News News See The First Photo Of Big Meech Since His Prison Release See The First Photo Of Big Meech Since His Prison Release / News News Watch Shaq Perv On Angel Reese Watch Shaq Perv On Angel Reese / News News Goons Lil Durk Sent To Kill Quando Rondo Didn't Follow His Directions & Implicated Him Goons Lil Durk Sent To Kill Quando Rondo Didn't Follow His Directions & Implicated Him / News News Rowdy Rebel Addresses His Relationship With Bobby Shmurda Rowdy Rebel Addresses His Relationship With Bobby Shmurda / News