It is official, Kanye West bids goodbye to Nike and will go forth with future releases through Adidas. The New York Post‘s Page Six is reporting that Kanye West‘s deal with Adidas is worth $10 million. The news was officially confirmed by Kanye West himself at the Angie Martinez Show, where he stated;
“I took the Adidas deal because I have royalties and I have to provide for my family.”
“Whatever is official, non-official, official—what y’all gonna see is I’m gonna be the Tupac of product.”
“I’m gonna be the first hip-hop designer and because of that I’m gonna be bigger than Wal-Mart.”
Kanye West revealed his reasons for leaving Nike and his personal feelings. The reported deal Kanye West only received 10 to 20 cents on the dollar for sales of his sneakers from Nike, the new deal with Adidas will include royalties, for the self proclaimed “performance athlete” Kanye claims to be.