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Apparently Kanye West Earns Only About 5% Royalties On Net adidas YEEZY Sales


 


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 1 month ago '19        #1
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Mike Mann 22 heat pts22
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Apparently Kanye West Earns Only About 5% Royalties On Net adidas YEEZY Sales
 

 
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NY TIMES reports that West earns 5 percent royalties on net sales of his shoes and apparel. With YEEZY sales expected to top $1.3 billion this year, Kanye could be walking away with a $65 million pay check at the end of 2019.

It’s unclear what other financial agreements are in place, as both sides have been able to keep most of the terms under wraps. Still, this information from an unnamed source in the New York Times provides a fresh look at the partnership and answers questions many have had about how much YEEZY’s adidas affiliation is netting Kanye West.

visit this link http://www.highsnobiety.c .. eezy-earnings/
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 1 month ago '19        #2
Mike Mann 22 heat pts22 OP
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And the yeezy basketball shoes apparently dropping in September


[video - click to view]




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 1 month ago '17        #3
QdobaCasanova 12 heat pts12
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I mean this is only shocking to those hopelessly delusional ye stans who think Kanye is some fashion tour de force/misunderstood genius.

A 60 mil check to ostensibly do nothing(Kanye’s think tank does all the heavy lifting) is p good, my man
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 1 month ago '18        #4
Blaffy 172 heat pts172
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[video - click to view]


Damn
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 1 month ago '15        #5
kami 51 heat pts51
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5% is a lot and those basketball shoes look like some hype best sh*t you won’t see on the court
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 1 month ago '19        #6
Mike Mann 22 heat pts22 OP
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 QdobaCasanova said
I mean this is only shocking to those hopelessly delusional ye stans who think Kanye is some fashion tour de force/misunderstood genius.

A 60 mil check to ostensibly do nothing(Kanye’s think tank does all the heavy lifting) is p good, my man
This is $65M a year, PLUS whatever he’s already making just by being Kanye lol that puts him in the $100M+ per year range.

In perspective, the top artist (Drake) is only worth $150M, Kanye makes more than 75% of Drake’s entire networth in just one year span.
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 1 month ago '16        #7
alias_uu 31 heat pts31
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Every year that passes his breakfast club interview makes more and more sense to me
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 1 month ago '10        #8
quan3106 107 heat pts107
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He got zero royalties at Nike..
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 1 month ago '19        #9
Mike Mann 22 heat pts22 OP
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$65M from one check, and they’re not even accounting for the next 6 months of what he’ll make. There’s still like 10 more yeezy drops coming up this year.

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 1 month ago '04        #10
BKLYN1889 4 heat pts
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 alias_uu said
Every year that passes his breakfast club interview makes more and more sense to me
Which one?
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 1 month ago '19        #11
Mike Mann 22 heat pts22 OP
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 kami said
5% is a lot and those basketball shoes look like some hype best sh*t you wonít see on the court
A helluva a lot

Yeezys go for $220 at least to $350 at most retail. He makes about $20 off of each pair. They sell around 4-5 million pairs per year (at least)

He making $100M+ per year from just Yeezys alone.
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 1 month ago '19        #12
Mike Mann 22 heat pts22 OP
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I don’t understand why he don’t just go to China and build his own sweatshop, make his own Yeezys, to hell with Adidas, and take 100% of the profit.

Can anyone explain this?

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 1 month ago '09        #13
abstruse 
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 Mike Mann said
I donít understand why he donít just go to China and build his own sweatshop, make his own Yeezys, to hell with Adidas, and take 100% of the profit.

Can anyone explain this?

setting a factory is huge investment,require billions to build a reliable production line,obviously kanye don't have that type of money
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 1 month ago '15        #14
Brewklyner 43 heat pts43
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g4him
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 1 month ago '19        #15
Mike Mann 22 heat pts22 OP
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 abstruse said
setting a factory is huge investment,require billions to build a reliable production line,obviously kanye don't have that type of money
How is that such a billion dollar investment tho?

It only costs like $40.00 to make a Yeezy, which sells for $200+

Iím sure building a factory and all the equipment, plus workers labor, is only a few million. I donít understand this sh*t bruh.
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 1 month ago '07        #16
stogz 19 heat pts19
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fu*king morons on BX as always.


5% is STANDARD! No one makes more than 5%. Not Puffy with Sean John. Not Jay-Z with Rocawear. Not Jordan with Brand Jordan.

99% of the time, the only reason you start a clothing line, is so you can sell it to a department store before the sh*t gets stale and goes belly up.
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 1 month ago '16        #17
Boogie1790 9 heat pts
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 Mike Mann said
A helluva a lot

Yeezys go for $220 at least to $350 at most retail. He makes about $20 off of each pair. They sell around 4-5 million pairs per year (at least)

He making $100M+ per year from just Yeezys alone.
n*gga not making 20 a shoe you didnt factor in manufacturing expenses, material cost, marketing expenses and other expenses a*sociated with the shoe. The 350 aint all profit for Addias.
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 1 month ago '19        #18
Mike Mann 22 heat pts22 OP
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 Boogie1790 said
n*gga not making 20 a shoe you didnt factor in manufacturing expenses, material cost, marketing expenses and other expenses a*sociated with the shoe. The 350 aint all profit for Addias.
Adidas take care of all the costs Iím sure, thatís why he only makes 5% lol

You canít be this dense.
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 1 month ago '15        #19
Brewklyner 43 heat pts43
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 Mike Mann said
How is that such a billion dollar investment tho?

It only costs like $40.00 to make a Yeezy, which sells for $200+

Iím sure building a factory and all the equipment, plus workers labor, is only a few million. I donít understand this sh*t bruh.
bro u dumb or got no common sense or young

kanye can't go behind big companies and make his own sh*t - he will get blackballed with the quickness - Nike ad all them will tell companies they won't sell any of their sh*t to the companies selling for kanye . ur asking simple questions u can't even answer urself
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 1 month ago '16        #20
Boogie1790 9 heat pts
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 Mike Mann said
Adidas take care of all the costs Iím sure, thatís why he only makes 5% lol

You canít be this dense.
He not gonna make 5% of the gross u idoit. Lol
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 1 month ago '19        #21
Mike Mann 22 heat pts22 OP
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 Brewklyner said
bro u dumb or got no common sense or young

kanye can't go behind big companies and make his own sh*t - he will get blackballed with the quickness - Nike ad all them will tell companies they won't sell any of their sh*t to the companies selling for kanye . ur asking simple questions u can't even answer urself
n*gga you basically just saying what you think. You probably younger than me with far less experience. Stop acting like you majored in finance and accounting.

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 1 month ago '19        #22
Mike Mann 22 heat pts22 OP
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 Boogie1790 said
He not gonna make 5% of the gross u idoit. Lol
ó Drake stan
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 1 month ago '16        #23
Boogie1790 9 heat pts
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 Mike Mann said
ó Drake stan
Person with common business sense lol. Adidas dont make 220 dollars profit off each shoe if were talking wholesale prices they offer retailers. They have a cost to produce the shoe and then they add a amount in to make a profit.
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 1 month ago '19        #24
Mike Mann 22 heat pts22 OP
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He’s always screaming about “infrastructure” what does that mean exactly tho?

You’re Kanye West, you can’t go to China and build your own factory and make $30 Yeezys that you know will sell for 10x’s the profit?

It’s 2019, huge companies can’t blackball like they could 15 years ago. You can simply just start an instagram account and sell Yeezys through a website you’ve created.
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 1 month ago '19        #25
Mike Mann 22 heat pts22 OP
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 Boogie1790 said
Person with common business sense lol. Adidas dont make 220 dollars profit off each shoe if were talking wholesale prices they offer retailers. They have a cost to produce the shoe and then they add a amount in to make a profit.
Again, it only costs no more than $60 something dollars to make a Yeezy, and they sell for over $200 at least. Only an idiot would think they make 100% profit off the shoe, but they damn sure make at least 3xís they spend on mass producing and distributing the shoes.

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