adidas and Ye end all legal disputes and draw a line under the Yeezy saga

TLDR: adidas and Ye (formerly Kanye West) have settled all legal disputes, officially closing the Yeezy chapter. As part of the settlement, no payments were made and both parties withdrew all claims. adidas continues to focus on selling off its Yeezy inventory, which began in 2024.

---

After a tumultuous split in 2022 due to Ye's anti-Semitic and controversial statements, adidas and Ye have reached an agreement that ends all legal disputes. This was confirmed by adidas CEO Bjørn Gulden, who stated that both parties had amicably withdrawn all claims and no further payments would be made. ‘No one owes anyone anything anymore,’ emphasised Gulden, signalling the complete end of the public conflict.

The split left adidas with a surplus of Yeezy merchandise worth over 300 million euros, contributing to significant revenue losses in 2022. adidas began selling unsold Yeezy inventory in 2023 and continued the effort in 2024, offering discounted pairs through select outlets.

adidas' lawsuit against Ye originally included a $75 million dispute, allegations of reputational damage and private arbitration. However, with this out-of-court settlement, all issues were put aside and the long-standing business relationship between adidas and Ye was finally terminated.

The settlement allows adidas and Ye to move forward without further legal obligations. adidas can manage the remaining Yeezy inventory, while Ye is released from financial obligations arising from the partnership.

Remaining Yeezy inventory is available at select adidas stores and outlets. Stay tuned to Grailify for available styles and discounts on remaining Yeezy styles as adidas liquidates inventory.