Adidas Sitting on Over Half a Bil in Yeezys Must Sell, Sell, Sell: Report
Adidas cutting ties with Kanye West has turned out to be a major gamble, because it has over half a billion dollars worth of the guy's shoes to sell, without his name anymore.
We already knew Adidas was planning to move forward with selling unbranded Yeezys post-split, but now ... we have a bit more insight into why. According to the Financial Times, insiders at the sneaker company claim Adidas is sitting on a huge mountain of Yeezys.
Fear, misfortune and Kanye West: how Adidas lost its lustre https://t.co/EtU17VCnQE
— Financial Times (@FT) December 23, 2022 @FT
Per the report, the inventory the company has amounts to about $530 million ... and Adidas is apparently eager to hawk them to avoid taking an even bigger hit than what it's publicly disclosed thus far -- which was already looking quite grim for end-of-year numbers.
On top of the staggering amount of shoes it has to move -- which Adidas is reportedly scrambling to figure out how to do it -- the FT story goes into some detail about how deeply tied it was to Yeezys and to what extent Adidas was hinging its success on it.
In 2022 alone, Yeezys made Adidas upwards of $1.8 billion ... and made up around 7% of its total profits. The report also says Yeezy has stayed strong as a constant product in the Adidas wheelhouse since at least 2019, which might explain why Adidas took so long to finally cut ties with Kanye -- the dude (and his shoe brand) was literally its cash cow.
Adidas has reportedly already set a date for its first unofficial Yeezy release ... the company is calling it the Adidas 350 V2 “Granite," and it's supposed to retail for $230 -- dropping in January.
Adidas 350 V2 “Granite” ⚫️
— 👁️ Sneaker Visionz 👁️ (@SneakerVisionz) December 19, 2022 @SneakerVisionz
Releasing January 2023 🗓️
Retail $230 💸
Who Copping Without The Yeezy Branding? 🤔 pic.twitter.com/M4cMQl76f5
There's been a lot of debate online over whether people should (or will) buy what Adidas is trying to sell now ... but this report makes it clear -- it's banking on sneakerheads continuing to cop, because if they don't ... it could mean trouble for the shoe company.
Kanye, meanwhile, hasn't said much about Adidas/Yeezy specifically of late -- other than to generally complain. He hasn't shown any signs of trying to reclaim it as his own IP.
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Adele Sending Love to Meg Thee Stallion ... Post-Tory Lanez Verdict
Megan Thee Stallion might still not have all of hip hop in her corner after the Tory Lanez verdict -- but she's got one of the biggest pop stars around backing her ... Adele.
The singer sent a heartful message of support Friday to MTS ... who was just vindicated after a jury unanimously decided Tory had, in fact, shot her in 2020 ... and was guilty of the charges brought against him. In light of that, Adele's wishing her peace for the holidays.
Check it out ... Adele name-dropped Meg at her Vegas residency show, saying she hopes she has a "very, very, Merry, Merry Christmas" ... going on to say that she can now do whatever the hell she likes without this thing hanging over her like it has for the past 2 years.
The crowd cheered, and it's clear ... Adele fully supports Meg -- unlike some of Megan's peers in the rap industry, who've cast doubt on her story and painted her as a liar.
All of that turned out to be moot this week, however ... because, as you know, Tory was convicted and taken into custody immediately -- right in front of his kids and family. Megan wasn't in the courtroom Friday, but she's had ample support from folks right outside.
While it remains to be seen how this verdict is going to shake out in hip hop in the months and years to come -- at least she's got other titans of the music biz fully in her corner.
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New York Giants Players Inside Mall During Fatal Shooting ... Team Is Safe
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Several New York Giants players and the team's announcer were inside the Mall of America Friday night when a 19-year-old man was shot and killed -- forcing the mall into lockdown -- just hours before the team was scheduled to play the Minnesota Vikings on Saturday.
Thankfully, all Giants team personnel are safe.
The Giants are staying across the street from the famous mall ... and a group of players headed over to do some shopping Friday night.
According to Bloomington police, there was an altercation between two groups of men before gunfire erupted around 7:50 PM in Nordstrom. The teenage victim was hit multiple times and did not survive.
Following the shooting, the gigantic mall, busy with last-minute Christmas shoppers, was placed on lockdown.
"Everyone is back in the hotel and accounted for now," Giants PR man Pat Hanlon told the AP.
The identity of the players who were at the mall isn't known. It's also unclear how many Giants were on the premises when the shooting happened.
Bob Papa, longtime Giants radio announcer, was also at MoA Friday night.
Papa tweeted, "Scary here [at Mall of America]. Shooting in mall. On lockdown at #TwinCitiesGrill. Two gunmen at least one victim," before sending out an update about an hour later where Bob reassured his followers he was safely out of the mall.
Police have not yet made any arrests.
The Giants -- coming off a win over the Commanders on SNF -- will now attempt to refocus and beat the 11-3 Vikings ... a game that would all but lockup a playoff birth for Big Blue.
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Darlene Love Thanks to Mariah Carey ... I'm Queen of Xmas!!!
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Darlene Love is feeling the love this holiday season ... her shows have sold out after getting blessings from Mariah Carey, who anointed her the ultimate Queen of Christmas.
Darlene's rep, Len Evans, tells TMZ ... Darlene hasn't personally spoken to MC since all the social media banter about who should hold the title as the Xmas Queen, but she couldn't be happier after Mariah gave her her flowers.
Waiting for your permission to load the Instagram Media.
ICYMI, Mariah posted a heartfelt IG post to honor Darlene ... handing her the title, Queen of Christmas.
Darlene's team says the acknowledgment helped sell out all 11 of her holiday shows! Some of those fans have divided loyalty between her and Mariah ... underscoring there's enough love to go around for both.
One fan messaged her saying ... "I wasn’t a fan before and never heard of you but if Mariah says you’re the Queen of Christmas then I’m a fan."
There's been a lot of back and forth over the QOC title after Mariah Carey filed to trademark the phrase, which was rejected. It didn't sit right with Darlene, who felt anyone should be free to use the term, including herself.
Darlene's "Christmas (Baby Please Come Home)" is a holiday hit, and ditto to her versions of "White Christmas," "Winter Wonderland" and her 'Home Alone 2' track, "All Alone on Christmas."
How's this for awesome ... Darlene wants to team up with Mariah to remake the ultimate Xmas banger for 2023.
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Trashy Justice 82-Year Old Arrested for Failing to Pay $77 Trash Bill New Body Cam Video
This is so incredibly sad ... cops arresting and handcuffing an old lady who didn't pay her trash bill.
Thing is ... the cops were just following protocol, which means someone should start thinking about protocol. 82-year-old Martha Menefield opened the door of her Valley, Alabama home and saw 2 cops with an arrest warrant.
Martha was delinquent in paying her $77.80 trash bill and that was enough to hook her up and take her to the station.
One cop tried to comfort her, saying, "Don't cry, Ms. Martha."
Body cam vid shows one of the officers laughing at one point ... hopefully the laugh was the absurdity of arresting someone because they can't afford the basics of life.
She says she thought she had paid the bill, but the cops said they had to follow protocol, which was to handcuff her and take her to the police station.
Just crazy ... Merry Xmas.
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Hoop Dreams Trolls Shade Dude Who Proposed to Cheerleader
Suck it trolls ... you're just jealous!!!
During a stoppage at the Sixers/Clippers game Friday, there was a show where fans dressed in onesies. One of the folks on the hardwood was masked in a blue dog head.
The guy -- Chris Girard -- then revealed himself, got down on one knee and asked one of the 76er dancers -- Jackie Murtha -- to marry him!
At first it was unclear if she even knew the guy, but judging by the kiss ... she did. Turns out it's his GF and she said yes.
Now that's where the shade comes in. As they embraced folks started scoffing, saying she was way out of his league. Social media was predictable ... "You know this gorgeous lady is not gonna marry that dork, but at least she didn't embarrass him," and "Make-A-Wish doing adults now?"
Girard clapped back at his trolls ... “DEAR COMMENT SECTION: I KNOW SHE’S OUT OF MY LEAGUE. I AM JUST HAPPY TO BE HERE.”
Short story ... he won, you lost.
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Tamar Braxton Rushed to Hospital by Ambulance
Tamar Braxton went from the mall to the ER in less than a day ... rushed by ambulance to the hospital after waving the white flag to the flu.
Tamar posted she "needed oxygen cause I thought God was taking me home cause I could not breathe and my chest was on FIRE!!"
She went on to make comparisons ... "yall, I have the FLU and let me tell u it's worse than COVID in my opinion ... I'm on 5 different medications."
It's kinda weird ... just the day before Tamar posted pics and videos of her shopping with close friends.
The 45-year-old singer is apparently out of the hospital but, as she says, "completely isolated."
In case you didn't know, the flu is raging in the U.S., and COVID's on the upswing as well.
Happy holidays!!! And get better, Tamar.
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Kodak Black Kris Kringlin’ Toys In Times Square 🎅🏿
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Kodak Black’s generosity sprouted all through NYC this week with a holiday giveaway -- and there's been even more Christmas cheer coming the kids’ way!!!
Kodak’s attorney Bradford Cohen tells TMZ Hip Hip … Kodak’s recent trek through Times Square saw 2,000 toys given to underprivileged kids as part of his ongoing charity work.
The toys weren’t trinkets either … we’re told pricey electronic gadgets such as iPads and AirPods were placed in the grab bags, as well as other gifts.
NYPD provided security to ensure everything went smoothly ... and it did!!! After all, Kodak loves the kids.
Bradford says Kodak's sleigh continued through Fulton County, Georgia on Friday ... where he gave out an additional 1,000 toys and jackets to underprivileged kids.
We'll keep you updated on that drive as well. The Super Gremlin will be Santa Claus for the next few days!!!
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Stars and Scars You Be the Judge
Is nepotism really that bad, or the way of the world -- answers may vary, and Tory Lanez has lots to worry about this Xmas. So we gotta ask ...
Nicki Minaj I'm Not a Renter Anymore!!! ... Snags Spectacular Hidden Hills Estate
Nicki Minaj has finally put down roots in L.A. after hunting for a home for several years ... and the place she chose is pretty spectacular.
Nicki plunked down $19.5 million for an estate in Kardashian Kountry -- AKA Hidden Hills -- this according to The Dirt.
The house is awesome -- 12,000 square feet, 8 bedrooms, a detached guesthouse, cabana, the obligatory pool (this one's salt water) and a Baja shelf.
Nicki and hubby Kenneth Petty have been renting for years as they searched for the right house. They've been renting recently in Calabasas.
Hidden Hills has become the new Bev Hills for sure.
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Steve Mariucci I Wouldn't Bench Purdy For Jimmy G ... 'Stay With Hot Hand'
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Jimmy Garoppolo likely wouldn't get his job back in the playoffs if Steve Mariucci was in charge of the Niners ... the ex-head coach tells TMZ Sports he'd stay with Brock Purdy in the postseason in order to "ride the hot hand."
Garoppolo broke his foot back on Dec. 4 -- but with a recovery timetable of 7-8 weeks ... there's a chance he could be ready in time for the NFC Championship Game, or even the Super Bowl.
Mooch, though, said out at LAX last week that if SF gets that far -- and Purdy is still playing well -- he'd keep Jimmy G on the bench.
.@49ers @brockpurdy13 to @gkittle46 for a TD. The “safe throw” is sometimes the best option…but for Purdy why play safe if you can rip the jugular vein wide open and make the opponent bleeeeed. #BaldysBreakdowns pic.twitter.com/YKozR6mPYj
— Brian Baldinger (@BaldyNFL) December 16, 2022 @BaldyNFL
"If Brock Purdy keeps playing like he's playing right now -- which is unbelievable -- I don't know that you change that," said Mariucci, who was the Niners' head coach from 1997-2002.
"If he's got the hot hand going in, I'd probably be more inclined just to stay with the hot hand."
Purdy has been dominant in his 2-plus games as Garoppolo's fill-in, logging 612 passing yards, 6 passing TDs and a single INT since taking over for Jimmy G.
Mariucci clearly believes it hasn't been a fluke run ... telling us the Niners are one of the two teams that he thinks could represent the NFC in this year's Super Bowl -- even with Purdy under center.
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Decembeards Are These Celebs Better Fuzzed Or Buzzed?
We've all heard of No Shave November, but this 'Decembeard,' we take a look at some of your fave stars and ask ... are they better off with a buzz or a little fuzz?
Fans might remember Jonah Hill with no facial hair, but things have certainly changed. He's been rockin' a full-blown blonde beard ... you be the judge!
Up next is Donald Glover, aka Childish Gambino ... he's grown a ton of hair and he's also been really bare.
We gotta know ... is he better buzzed or fuzzed?
Of course we've gotta ask about "Queer Eye" star Jonathan Van Ness. He's had a head full of hair for as long as we can remember ... as far as hair on the face, which look's your favorite?
Either way, they can clearly pull off either ... so there's really no wrong answer!
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ORLANDO BROWN DV Arrest Costs Him Movie Role ... Mental Health Issues???
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Orlando Brown is losing a movie role because of his domestic violence arrest ... a role the alleged victim actually got him.
TMZ broke the story ... the former Disney star was arrested Thursday for misdemeanor domestic violence after cops in Ohio responded to a call about a fight in progress between two men.
Matthew Sanders, the alleged victim, tells TMZ ... he's directing and producing a movie called "Up The Score" and wanted Orlando to be part of it, because he considers OB not only a friend but extremely talented.
Orlando's legal issues have been well documented over the years, and Matthew says Orlando had been living at his home in Ohio since November during preproduction for the movie. We're told there were no major issues until Thursday's incident.
Matthew, who told cops Orlando came at him with a broken-off knife blade and a hammer, believes OB is struggling with a mental illness. He thinks Orlando is at times out of touch with reality, and he's bummed he wasn't able to help Orlando make a movie comeback.
Orlando was supposed to have a secondary role in the movie ... a dramedy about a military man who meets someone on social media and leaves his family for this person only to find out they are not who they said they were ... but that's no more.
Matthew tells us Orlando is no longer allowed to live at his house at this point in time and is currently removed from the film.
What's more, Matthew hopes Orlando seeks mental health help and only then would he consider bringing him back on. With filming for the project beginning in January, we're told it's likely not possible for Orlando to be involved.
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What's The Frigin' Xmas Difference?!
Singer Montell Jordan knows how to do it right for the holidays, and he's serenading you right into Christmas with Mr. Claus himself! He most definitely crushed his performance, but now it's your turn to drop the mic and nail the differences between the two shots!
Looking fresh in a black outfit, Montell kicked things off with Santa at The City of Philadelphia's Holiday Lighting celebration, and he topped off his fresh look with a top hat and firetruck-red accents. Can you put your finger on the minor changes in these images?
"This Is How We Do It!"
**HINT: There are THREE differences in the above Montell Jordan photos!**
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Tory Lanez Found Guilty of Shooting Megan Thee Stallion Facing Likely Deportation
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Tory Lanez is guilty of shooting Megan Thee Stallion in the foot back in 2020 ... a jury has decided.
The verdict came in Friday, just before the holiday -- where a group of L.A. jurors found the Canadian rapper guilty of all three charges against him -- felony negligent discharge of a firearm, assault with a semiautomatic firearm and carrying a loaded and unregistered firearm.
After the verdict was read, several members of Tory's family -- including his dad and stepmom -- shouted, "This system stands before God!" and calling the court system evil. Deputies surrounded his family members and escorted them out of the courtroom.
DECEMBER 2022
Tory was filmed entering court before the verdict was read, telling cameras his spirits were high.
Tory now faces more than 22 years in prison, which will be determined during sentencing on January 27. Sources connected to the case tell us Tory's lawyers were in touch with immigration officials -- before the guilty verdict -- and we're told they've been informed there's a strong likelihood he will be forced to leave the country.
This marks the conclusion of a wild 2 weeks in court, which saw a handful of witnesses take the stand to recount what they say happened on that fateful night. Megan herself obviously testified, squarely pointing the finger at Tory as the shooter.
12/13/22
She said she saw Tory with the gun, explaining she remembers him firing at her from his Cadillac Escalade ... and claims he shouted, "Dance, bitch!" MTS also testified that Tory offered her $1 million to keep quiet.
Meg was called out by the defense for several items, including the fact she initially wasn't forthright about having an intimate relationship with Tory Lanez, and that she'd initially lied to police about how her feet had gotten injured.
The defense also tried to target Meg's ex-BFF, Kelsey, as the shooter ... and the reason she might've shot her was because of alleged creeping behind her back with guys like Ben Simmons, DaBaby and Tory himself -- a revelation that apparently sparked a major argument among all 3 of them in the car.
What exactly happened in the car was a major source of contention during the trial. While Megan had one version of events -- Kelsey seemed to have a different story ... albeit, with a very spotty memory on the stand that created stop-and-go recounting under oath.
What she did definitively testify to on the stand ... she wasn't the one who shot Megan ... but she wasn't willing to go as far as to say Tory did.
But, remember ... prosecutors were eventually able to get the green light to play a prior interview she'd given investigators in September -- and in that recording, she said Tory did actually shoot Meg.
Other witnesses took the stand too, but none of them were as consequential as Megan and Kelsey -- including the guy who supposedly saw the two women fighting from his balcony. Ultimately, he wasn't very definitive about who he says he saw fire the gun.
The physical evidence in the case wasn't that strong -- there was gun residue found on both Kelsey and Tory ... and inconclusive DNA evidence on the gun itself. Tory never took the stand, and neither did his driver that night ... Jaquan Smith. Aside from cops and a witness to the Kylie Jenner party that preceded all this -- it really boiled down to Kelsey and Meg.
In the end, the jury obviously sided with prosecutors. As for the court of public opinion ... the jury is still very much out. People certainly took sides on social media -- and on traditional media too -- but now ... it's unclear if their allegiances will change.
A long and twisted journey ... finally over.
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Tory Lanez Family Rages Outside Courthouse Takes Shots At Jay-Z!!!
Tory Lanez's father is blowing a gasket after watching his son's conviction in the Megan Thee Stallion shooting trial ... directing his anger at cops, prosecutors and even Jay-Z.
Ya gotta see the video ... Tory's father launches into an epic rant outside the courthouse where his son was hauled off to jail, railing against the justice system.
Tory's dad is obviously taking issue with the lack of physical evidence presented at trial ... and he's also no fan of Jay-Z.
DECEMBER 2022
It's unclear why Tory's pops is pissed at HOV ... but Meg is signed to Jay-Z's Roc Nation.
Tory's stepmom is also upset ... and his family says the case isn't over, so it sounds like they want Tory's legal team to file an appeal.
As you know ... Tory was convicted Friday of all three charges against him, and he's facing more than 22 years in prison, and we're told the Canadian may be deported.
Tory's parents were also steaming mad inside the courtroom ... they screamed and hollered, claiming the court system was evil before being escorted outside.
Tory will not be sentenced until Jan. 27 ... but it's safe to say the holidays are ruined for his family.