Kanye West Confirms Adidas Partnership, Cuts Ties With Nike

Courtesy of Island Def Jam

Kanye West

Kanye West has long held a partnership with Nike, but all that's changing thanks to a new deal with Adidas.

The rapper confirmed his partnership with the German sports clothing and accessories giant in an interview with New York's Hot 97 today on Angie Martinez's radio show, Complex reports.

"I took the Adidas deal because I have royalties and I have to provide for my family," West said in the interview, recalling comments he made at his Madison Square Garden show last night (Nov. 24) during which he lambasted Nike for not being a good business partner -- confirming on the show that he doesn't receive royalties from the company because he's "not a professional athlete."

"I'm gonna be the first hip-hop designer and because of that, I'm gonna be bigger than Wal-Mart," he continued.

As the partnership is young, there's no set release date just yet on West's Red Octobers shoe line.