Kanye West admits he was “two months from going bankrupt” after Adidas deal termination

nme.com:

Kanye West has admitted he was “two months from going bankrupt” upon the termination of his deal with Adidas.The sponsorship came to an end in 2022 shortly after West made anti-Semitic comments on X/Twitter.

While the rapper and producer has refused to accept that the term “anti-Semitism” exists because he claims it’s “not factual”, he has since offered something of an “apology” to those whom he’s offended with his comments.Now, West has opened up about the aftermath of his deal falling through, telling TMZ on Monday (February 12): “I’m gonna be honest with y’all: I was two months from going bankrupt, really… And we survived.

We survived through the cancellation.”West also addressed his remarks that led to the termination of the Adidas deal, which were criticised for being anti-Semitic.

He said: “They got the right to their opinion. I got the right to my opinion. You understand what I’m saying? We all have the right to our opinions but so many people will lose their jobs, lose their careers for taking the steps that we took.