Adidas to Sell Unsold Yeezy Stock, Benefit Charity

Adidas will sell unsold Yeezy stock and donate the money to organizations hurt by Kanye West's anti-Semitic comments. 💰👟

Adidas stands to lose over $770 million if it doesn't sell the Yeezy stock. 💸

Ye stands to gain royalties from any stock Adidas sells. 💰🎵

Adidas can continue selling Yeezy sneakers without Ye, but analysts warn against it. 🚫👟

 Yeezy sales accounted for 8% of Adidas's overall sales and €1.2 billion ($1.3 billion) in revenue for Adidas in 2023. 💰📈

Ye gets 15% of royalties from Yeezy products. 💰🎵

ye net worth was heavily impacted by losing the Yeezy contract since it was the largest share of his net worth. 💰📉

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