Kanye West was in his hometown of Chicago this past weekend, performing at the Chicago Bulls game last night and giving a lecture at the School of the Art Institute of Chicago prior to that. Kanye, who we all know ditched Nike in favor of Adidas , spoke about his split with the company (again) and gave some more details about his time with The Swoosh.
During the lecture, Kanye said that Nike had offered him $4 million to stay with the brand but because they refused to give him a royalty on his products, it wasn't enough. He also took the opportunity to take another jab at Mark Parker and Nike, claiming they haven't done one cool thing this year.
"And I still left them, because they weren’t giving me the opportunity to grow. They were working off an old business model, and Phil Knight was somewhere on an island," he said. "And then, Mark Parker would go and find people who I collaborated with years before, and try to do collaborations with them to seem cool, and as you see, Nike hasn’t done like, one cool thing this year."
"So when it was time to do the adidas collection, and I left Nike because they refused to give me a percentage because I was not an athlete—I don’t have a NDA that says I can’t say this even though it seems wrong to say out loud—I left Nike because they refused to give me a percentage, they also offered me $4 million a year to stay, which is an unknown thing but I’m sure it’ll show up on Hypebeast tomorrow."
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