Adidas reaches out-of-court settlement with rapper Ye
FILE - The Adidas logo is pictured during celebrations for German sports apparel maker Adidas' 70th anniversary at the company's headquarters in Herzogenaurach, Germany, August 9, 2019.
London —
Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, adding that no money changed hands in the agreement.
Adidas and Ye had been embroiled in multiple lawsuits for the past two years, since the German company ended a partnership with the rapper previously known as Kanye West over antisemitic comments he made.
FILE - Kanye West arrives at the Vanity Fair Oscar party on Feb. 9, 2020, in Beverly Hills, Calif.
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