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Kanye West continues to discuss his fallout with Nike and the intimate details of his departure. While widely known that West parted ways with the brand due to creative restrictions and lack of royalties, up until now no one knew exactly what Nike offered West to stay, if anything at all.
In a lecture today at SAIC – where Kanye received an honorary doctorate degree – he let the cat out of the bag claiming Nike extended him $4 million per year to remain with the brand. By any measure, this is a big number. In fact, its much more than many Nike endorsed athletes actually pull in. Which is odd considering Nike wouldn’t share royalties with West because of the fact that he himself was not an athlete. Peep a quote from Kanye below and for the full transcript, visit here.
“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…” – Kanye West
