The deal comes two years after Adidas terminated its lucrative partnership with the rapper over his antisemitic statements and erratic behavior.
The German sneaker giant is firing back at a lawsuit that claims it should have disclosed internal problems with Ye years before the Yeezy partnership imploded.
The first sale unloaded roughly 20% to 25% of the Yeezy sneakers that were left stacked up in warehouses.
With a streaming rebound and reported strong sales for Adidas' Yeezy relaunch, many consumers seem willing to overlook Ye's antisemitic comments.
A portion of the profits will be donated to social justice organizations including the Anti-Defamation League.
With the apparel giant facing a pricey lawsuit from a former landlord, Gap now says West must be the one to battle it out in court.
Proceeds will be donated to various anti-racism groups.
At a meeting of shareholders, Adidas CEO Bjorn Gulden called Ye "the most creative person in our industry."
The class-action lawsuit says the company deceived investors by failing to warn them about the rapper's "problematic behavior" before ending its Yeezy deal.
Ye's Yeezys accounted for up to 15% of Adidas’ net income, according to analysts.
