Adidas remains one of the few remaining partnerships after he was let go by luxury goods brand Balenciaga last week. His relationship with JPMorgan Chase also ended.
CNBC has reached out to Adidas several times. Each time, the company pointed us to their Oct. 6 statement saying the relationship is"under review.""We may be at the point where Adidas can't tolerate it anymore," said Morningstar analyst David Swartz, noting:"Adidas did overlook a lot of nonsense over the years for the sake keeping Kanye happy and keeping the relationship going.
His relationship with Adidas goes back to 2013 and has been financially successful and high-profile, earning the company about $2 billion annually, according to Swartz. For years, companies have tolerated Ye's outbursts due to the fact that he was diagnosed with bipolar disorder, but in recent weeks his behavior has become more incendiary.
Twitter and Instagram blocked him for his antisemitic remarks. In response, he agreed to purchase the right-leaning social media network Parler.
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