Continuing to share the developments in his feuds with adidas (XETRA:ADS.DE -1.87%) and Gap, Ye has now shared the negotiation terms he is offering the German sportswear company. Taking to Instagram, Ye shared a few screenshots of conversations he is having and publicly outlined what he is offering adidas.
The YEEZY head shared a look into his communication with adidas, revealing his negotiations through Torben Schumacher
SVP, Global General Manager adidas Originals, Basketball & Partnerships at adidas. Currently, Ye is exploring chances of working with adidas as a non-exclusive manufacturing and distribution partner. If adidas takes the offer, they would receive a royalty of 20 percent of net profits from sales generated.
Stay tuned for more details regarding Ye’s ongoing feud with adidas.