It seems that Kanye West has opened a new YEEZY Office in Los Angeles near the Adidas store. Initially, the lease agreement required Yeezy to pay $31,477.40 per month, and he paid the full amount before missing the payments for November and December.
It's unclear whether this is the reason for the move or not. Reports suggest that the new contract with Adidas would allow them to promote and release existing Yeezy x Adidas products. However, there are no provisions for a continuation of the collection.
According to reports, the remaining Yeezy x Adidas products are worth approximately $500 million. While there is no concrete evidence of Ye's plan, fans are speculating based on his previous actions and bars.
Some Twitter users brought up a verse from “Eazy” in which Ye says, “I bought the house next door/What you think the point of really bein' rich for?”
This refers to the time when Ye bought the home across the street from his ex-wife Kim Kardashian for $4.5 million during their divorce in 2021. Ye bought the property despite its unfavorable condition but eventually had it torn down.
As of this report, there is no confirmation from Ye or his team regarding the plan to set up the YEEZY office. Google Maps only shows the Adidas store, not the YEEZY label, and the 360 view reveals the remnants of an old Cisco Home. It's possible that the building is for sale, but there is no evidence of purchase from Team Yeezy.
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