In an episode of 'Andrew Schulz's Flagrant With Akaash Singh' podcast, the 'Breakfast Club' co-host jokingly says that he will offer a fellatio if the Yeezy designer gets back with Adidas.
- Mar 2, 2023
AceShowbiz - Charlamagne Tha God made a daring bet while discussing Kanye West's business relationship with Adidas. In the Tuesday, February 28 episode of "Andrew Schulz's Flagrant With Akaash Singh" podcast, CTG jokingly said that he would offer a fellatio if the Yeezy designer gets back with Adidas.
"I'll suck some d**k," "The Breakfast Club" co-host said in the episode, suggesting that the reunion would not happen. "That's how sure I am. It's not happening, yo. Neither one of those things are happening. So, I'm confident with that bet. It's not happening."
Charlamagne, however, noted that recent reports about Kanye and Adidas' new agreement to sell the existing Yeezy stock does not count. "That's different," he continued. "I've seen that story. But I don't know if that story is true, either."
"I don't think Adidas risks their overall brand doing something like that," he added. "This is a company that makes $20 billion a year in revenue. Not saying that $1 billion isn't a loss. But y'all making it seem like Adidas is going under...Why would a company that's bringing in $20 billion in revenue risk bringing in one guy that's gonna probably ostracize so many people away from your brand?"
CTG's claims arrived after the German sportswear brand reportedly made a new deal with Ye's Yeezy to sell $500 million USD worth of its unsold Yeezy sneakers. It's said that the deal will start to take place this year.
The renewed deal allegedly only focuses on existing inventory which was left after Adidas cut ties with the controversial rapper over his anti-Semitic remarks and White Lives Matter controversy. Prior to this, Adidas reportedly could lose up to $1.3 billion dollars in unsold Yeezy sneakers.
Adidas previously planned to spend millions to continue using Yeezy designs under a new name. "Going forward, we will leverage the existing inventory with the exact plans being developed as we speak. It should refrain from relaunching items under its own brand, as they will always be synonymous with West, and this would likely result in muted customer demand," Adidas Chief Financial Officer Harm Ohlmeyer said during a Q3 earnings call back on November 9.
The Adidas boss previously explained that Adidas was the "sole owner" of all rights to the Yeezy brand after launching the first pair of Air Yeezy sneakers in 2013. He said, "Adidas is the sole owner of all design rights registered to existing products. We intend to make use of these rights as early as 2023. We own all the versions and new colourways. It's our IP. We are working through all the options. When the time is right we will be more specific."
