Rapper Beanie Sigel says Kanye West once promised him $50 million and 5% shares for coming up with the name Yeezy.
"People who took a liking to me in volatile situations would always give me a nickname so it seemed like I was cool like them. My boy Mali who used to sell guns, he called me K-Rock when I would be on 79th and stuff like that," Ye said on Drink Champs. "[Yeezy] was Beanie's name for me when I was in Baseline [Studios]. Like on some, 'Oh, that's Yeezy,' make him one of us. He let me wear his State Property chain. He really just embraced me."
In a viral clip, Beanie says, "I got a phone call from the muthaf*cka the other day. He said Sig gon' get $50 million and a 5% stock in Yeezy. And I don't know if n*ggas know, Yeezy's did $1.7 billion last year."
Will Ye pay up?