Beanie Sigel Clarifies Report Kanye West Owes Him Over $50 million

Earlier this month, Kanye admitted that he owed Beanie Sigel money for inventing the Yeezy name.

Sigel followed that up by claiming Ye had promised him $50 million, plus 5 percent of the company.

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

Yesterday, Sigel clarified he was joking and instead of money he'd just like to do business with 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."