And combined with the flat $50M that Ye says he owes him, it looks like Sigel is in for a massive payday. Sigel continued on to explain that Ye’s Yeezy brand did $1.7 billion in sales in 2020, and while he didn’t reveal exactly how much that 5% stock is worth right now, it is certainly an impressive chunk of money.
“I got a call from the motherf*cker the other day, Kanye West, he said ‘Sig I owe you $50M and 5% stock in Yeezy,'” Beanie told the onlooking crowd. Phil Knight went back and made sure she was straight.”ĭuring a weekend appearance at a club in his hometown of Philadelphia, Sigel revealed just how much money Ye has been trying to give to him. It’s like, you know, the lady who made the Nike Swoosh. “I been trying to give it to him … this man made up the name. “I still owe Beanie money, and I been trying to give him this money for a minute,” he told DJ EFN and N.O.R.E. He really just embraced me.”Īlong with the explanation of where “Yeezy” came from, Ye said that he’s been trying to compensate Sigel for coming up with the name that has become a billion dollar brand. On some like ‘That’s Yeezy’ … make him one of us.
“(Yeezy) was Beanie’s name for me when I was at Baseline. Music was the worst thing he ever did received the lion’s share of attention following the interview, the 44-year-old did touch on his Roc-A-Fella Records days, and revealed who coined his iconic “ Yeezy” nickname.Explaining that he always received nicknames from the groups he was around, Kanye West revealed that Beanie Sigel was the first to call him Yeezy.”People who took a liking to me in volatile situations, would always give me a nickname, so it seemed like I was cool like them,” Ye said. West cast a wide umbrella.While Yeezy declared that signing Big Sean to G.O.O.D. Kanye West addressed every serious issue in his life, from speaking on his bizarre new haircut to his beef with Drake to his divorce from Kim Kardashian, the rapper artist formerly known as Mr. Kanye West made it clear that he’s been trying to pay Beanie Sigel, after the rapper made a recent appearance on DJ EFN and N.O.R.E.’s YouTube Show, Drink Champs, and he made much internet waves over the weekend.
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