Kanye West Could Be Facing Money Woes: Sources

Transcript

00:00Kanye West could soon find himself in a financial crunch.

00:03Adidas is expected to pursue a payout from him via private arbitration

00:08after dropping their lawsuit against his Yeezy brand.

00:11The rapper's ex-assistant Lauren Piscata is also suing him for sexual harassment.

00:16Kanye has called her claims baseless.

00:18A source tells us in the latest issue of Us Weekly that West may be forced to shell out millions,

00:24putting an even deeper strain on his pockets.

00:27They said Kanye doesn't have any endorsement deals coming in because

00:30people don't want to be in business with him.

00:32The source noted that Kanye also self-finances his own clothing line,

00:37which isn't selling like it used to.

00:39The source also revealed that Kanye is facing real estate issues as well.

00:43He has been living in a $20,000 a month penthouse in West Hollywood

00:47and took his Wyoming ranch off the market in 2022 after failing to sell it.

00:52He also has his gutted home in Malibu, which he paid over $39 million for in 2021,

00:58and it is now on the market for $53 million.

01:01He also has a house next to Kim Kardashian's, which isn't suitable to live in yet.