Beanie Sigel Grabs the Mic to Clarify Report That Kanye West Owes HIM Over $50 Million

Kanye West has stated that he owes Beanie Sigel money for coining the Yeezy name.

According to Silge, Ye had promised him $50 million, plus 5% of the firm.

Wait… Beanie Sigel says Kanye has promised to give him $50M and 5% stock for creating the name Yeezy. (via @Viralmedia___ ) pic.twitter.com/Sr160UvZOo

— Andrew Barber (@fakeshoredrive) November 8, 2021

However, in a recent video shared by TMZ, Sigel stated that he was kidding and that instead of money, he’d want to do business with Kanye West.

“I did name him that. But as far as his business mind and where he took it, Kanye worked hard for his. Kanye don’t owe me nothing … I’m not even thinking about a number. But I would love to do some business when I can earn some money, because I’m an earner.”