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Kanye West and Adidas settle legal dispute over Yeezy partnership termination

news.yahoo.com — October 30, 2024, 07:01 AM UTC

Kanye West and Adidas have settled their legal dispute over the termination of their Yeezy partnership, which ended in 2022 after West made antisemitic remarks. The settlement involves no financial exchanges, and both parties have withdrawn their claims.

Adidas CEO Bjorn Gulden stated that there are no remaining issues between the two parties. He described the end of the partnership as unfortunate, noting it was one of the most successful collaborations in history.

Following the split, Adidas faced challenges with over £1 billion in Yeezy stock. The company chose to sell the stock and donate part of the proceeds to anti-hate organizations, generating around $437 million from the initial sales.

Article metrics
Significance3.1
Scale & Impact3.6
Positivity4.9
Credibility7.5
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Timeline:

  1. [3.4]
    Adidas and Kanye West settle legal dispute over antisemitism controversy (theguardian.com)
    7d 11h
    Source
  2. [3.4]
    Kanye West and Adidas settle legal dispute over partnership termination (marca.com)
    7d 13h
    Source
  3. [2.6]
    Adidas and Kanye West settle all lawsuits without financial exchange (nypost.com)
    7d 14h
    Source
  4. [3.4]
    Adidas settles legal disputes with Kanye West over antisemitism comments (bbc.com)
    7d 15h
    Source
  5. [2.5]
    Kanye West and Adidas settle legal dispute, ending long-standing conflict (hotnewhiphop.com)
    7d 15h
    Source
  6. [2.5]
    Kanye West settles legal dispute with Adidas after partnership ends over antisemitic remarks (pagesix.com)
    7d 15h
    Source
  7. [2.5]
    Kanye West and Adidas reach settlement in legal dispute over partnership termination (dailymail.co.uk)
    7d 15h
    Source
  8. [2.8]
    Kanye West and Adidas settle legal disputes after two years (tmz.com)
    7d 17h
    Source
  9. [3.2]
    Adidas and rapper Ye settle legal disputes without financial exchange (cnbc.com)
    7d 19h
    Source
  10. [3.3]
    Adidas settles with Kanye West, gains €100 million boost to profits (nme.com)
    7d 20h
    Source
  11. [2.8]
    Adidas and Ye settle all claims from Yeezy partnership two years after split (hypebeast.com)
    7d 20h
    Source
  12. [4.1]
    Adidas boosts profit by €100 million after Kanye West settlement (ft.com)
    7d 21h
    Source