What’s worse than being dropped by multiple brands, including one that made you a billionaire? Getting dropped by Goodwill, which got roasted by. Yes, the place that sells slightly used lamps from the late 80s has told Kanye “Ye” West that his Yeezy shoe line is no longer welcome on their shelves! And you thought getting kicked out of Sketchers HQ was Kanye’s rock bottom. With how he’s steering things, this ship has got way lower to sink.
Ye’s fantastic voyage into the world of conspiracy theories and antisemitism has gotten him into trouble with nearly everyone, making all of his commercial pursuits virtually non-existent. Even his scam private school, Donda Academy, can barely decide if it’s shut down or open most of the time. Now to add insult to injury, third-hand clothing giant Goodwill has made it clear that it will not be associated with new or used Yeezys. via MSN:
On Friday, Goodwill has reportedly sent a memo out to their stores, instructing them to remove all Yeezy items. They explained how they remove brand who don’t align with their mission and RISE values.
Goodwill went on to state that effective immediately, Yeezy products cannot be sent to eCommerce, eCommerce will not sell any Yeezy products online, stores/boutiques are to immediately remove any and all Yeezy products from store shelves. They will also have to be placed in trash bags, and outlets are to remove any Yeezy coming through the “tippers” daily.
And if that sounds like something out of Saturday Night Live, it was.
Collectors of products by disgraced artists will be delighted to discover that instead of bidding on eBay or negotiating with an Instagram shoe account, they can just trawl through the dumpster behind Dollar General to find their ugly ass footwear. I mean, Ye did say at one point that he wanted his merchandise in trash bags at Gap, so Goodwill is inadvertently adhering to his brand guidelines! Most people shopping at the nonprofit probably thought Yeezys were children’s art projects that mistakenly ended up on shelves, so I doubt anyone will miss them.
Also, sources tell Page Six that Kanye had five sources of income and has since lost four. So sources believe that he’s currently only making money from royalties, and because he spends like crazy, he could go broke in the next few months.
That leaves royalties, which net him around $5 million a year, according to Billboard. “That’s about enough to pay his gas bill for his jet,” laughed an insider.
Last month, the music trade reported that West’s team tested the waters for selling his catalogue for around $135 million, but didn’t appear to get any strong interest.
Meanwhile, we’re told he has “a lot of cash by anyone’s standards,” but he also has a “high cash burn rate.”
West bought a $57 million Malibu, Calif., home last year and gutted it. It’s in the midst of being rebuilt virtually from the ground up. We’re told the project is severely at risk because of his financial troubles. He also has a slew of other homes, but we’re told many of them are mortgaged.
What it boils down to, says an insider, is that West’s opulent lifestyle is based on the Adidas deal and the rest was gravy. But with the sneaker brand heading for the hills, he’s out about three quarters of his net worth, according to Forbes — a big hole to plug.
Sadly, Kanye has to now scratch Goodwill off of his list of “Brands whose headquarters I plan to barge into, and demand sell my shoes.” At this point, he can only dream of people saying, “I got it at Ross!” when rocking Yeezys. The only brands left for the rapper-turned-conspiracy mess to bully into selling his footwear are Donda Academy (oops) and whatever clothing line the Daily Wire probably has. With the way these cancelations have been coming, I wouldn’t be surprised if Kanye also decides to cancel Kanye by the end of this week. The smartest move for Ye right now is to take a page from these multimillion-dollar companies and distance himself from himself!