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. 💰👟

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

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

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

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

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

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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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