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The New York Post's Page Six is reporting that Kanye West's deal with adidas is worth $10 million. This a few days after Kanye announced on Hot 97's Angie Martinez show that he chose to cut ties with Nike and begin a venture with rival adidas, explaining "I took the adidas deal because I have royalties and I have to provide for my family."
According to a Post source, Kanye “only got 10 to 20 cents on the dollar for sales of his sneakers from Nike, and he only had a small personal stash to give out to his friends.” So if he stands to make royalties of sales for whatever it is he's rolling out with adidas on top of the $10 million, then North West's financial future looks like it ain't ever going south.
[via Page Six]