With a $625,500 Settlement, Ye Continues His Streak of Mending Severed Ties Following the Adidas Agreement
Ye, formerly known as Kanye West, has been moving forward page by page, or more specifically case by case, this year. Whether this move was intentional or drawn out by the sheer force of lawsuit notices, however, remains unclear, but the rapper, as proven both by his activity on the musical and professional, is in the process of dusting severed old ties.
The kerfuffle that unfolded even before the commencement of Ye's promised one-man empire on the business side of things had brought about immense harm to the rapper's house of cards. $625,500 for one brick, to be precise.
Ye's recovery plan costs thousands of dollars
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It seems that, unlike hype, court cases do not die down upon extended absence from the spotlight and Ye has faced this first-hand. After his sprouts of disappearances following multiple boycotts and rapid fall from the billionaire list, the rapper practised going off the grid multiple times, however; he has in 2024, finally come to face the brunt of many cases. In the lawsuit filed by ex-Yeezy employees, the rapper has, as per In Touch, been cornered to settle by a settlement of $625,00.
This settlement has come adjacent to Ye's biggest one yet, where he and Adidas finally ended their extended dispute out of court. The agreement between Ye and his previous business partner is a monumental one, not just because of the amount of money and shoes involved, but also because not long ago the rapper had a large crowd chanting obscenities for Adidas.
The rapper being pushed or himself taking strides, whatever the case may be, has led to speculation that he may finally be back in business.
Is Ye back in business?
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Following the 2022 debacle that robbed Ye of his multi-million dollar deals with big-name brands ranging from Adidas to GAP, the rapper found himself out of the house of billionaires that Forbes so dutifully maintains. Ever since then, except for finding love in his employee, Bianca Censori, there is little that the rapper has done with the brand. However, with him settling cases, things might finally start looking up.
The lack of activity on the business front on Ye's behalf may either be simply because the magnitude of lawsuits did not allow him to move forward or because he was occupied with his music. After all, the rapper has set a record by releasing two volumes in one year, with the promise of another album being in the works as well.
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What do you think about Ye settling his cases? Let us know in the comments below.
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Edited By: Itti Mahajan
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