Kanye West Has Allegedly Already Made A Staggering Amount From Yeezy Restock

BYAlexander Cole17.7K Views
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Celebrity Sightings In Los Angeles - October 28, 2022
LOS ANGELES, CA - OCTOBER 28: Kanye West aka Ye is seen on October 28, 2022 in Los Angeles, California (Photo by MEGA/GC Images)
The Adidas Yeezy restock has commenced.

Kanye West and Adidas had a very public falling out late in 2022. Overall, Adidas had no choice but to drop Kanye West as he was making some very anti-Semitic statements in the media. Moreover, Ye was making it apparent that he no longer wanted to be signed there. In the end, it just made sense to terminate the deal and cut some losses. However, Adidas was left with over $500 million in Yeezy stock and no one to sell it to. This subsequently led to a compromise that has now created a sell-off event.

Starting yesterday, Adidas started to roll out some Yeezy restocks for shoes that they had left in the vault. Overall, these releases have been incredibly successful for the brand. They have dropped off a ton of great shoes so far, and fans have been copping as many as they can. Of course, Kanye West is set to get a nice royalty from all of this, 15 percent to be exact. The account @kanyewestaurant_ has actually been keeping track of the numbers, and they are looking quite good for Ye.

Kanye West Yeezys By The Numbers

So far, over 680,000 pairs have been sold. Based on the price of these sneakers, it would appear as though Adidas has made themselves upwards of $170 million. Additionally, over $25 million of this will go to Kanye West himself. Much of the rest will go to various organizations that seek to combat racism and anti-Semitism. As it stands, there are still a couple of drops to go, which means Adidas will be able to recoup a whole more in the coming days. This is also good for Ye, who clearly would like to have some extra income right now.

There have been some great sneakers to return to the market. That said, don't expect anymore Yeezys beyond this point. This was one final restock, and it will never happen again. If the designs do come back, they will come back without any trace of Yeezy branding. Let us know if you have copped anything from the restock, in the comments section below. Additionally, stay tuned to HNHH for the latest news and updates from around the sneaker world.

About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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