Beanie Sigel Says Kanye West Doesn't Owe Him For Coining "Yeezy"

Ye previously said he owed Beanie Siegel for coining Yeezy.

BYAron A.
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The aftermath of Kanye West's Drink Champs interview continues to unfold in front of our very eyes. While Ye and Talib Kweli has sent shots back-and-forth over the Chicago rapper's supposed disdain for baseball caps, many have been wondering about Beanie Sigel. During part one of the DC interview, Ye revealed that he still owed Beanie Sigel cash for coining the nickname Yeezy.

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Sigel later responded to Kanye West's interview while he was making a club appearance. The State Property rapper said that Ye admitted he owed him $50 million and 5% stock in the Yeezy brand

Beans recently sat down with TMZ, alongside Young Chris, where he cleared the air of rumors of bad blood between himself and Ye. He explained that while he did coin the name Yeezy, he doesn't think Kanye West actually owes him anything. 

"As far as his business mind and where he took it -- you know, Kanye work hard for his. Kanye don't owe me nothing," he said. Beans added that he wouldn't even put a price point up, largely because Kanye West has built the brand from the ground up. However, there is something that Beans would take in exchange.

"You give somebody a fish today, he gon' eat for the day. If you teach somebody how to fish, he gon' eat forever. He gon' teach his family how to fish," he said. "I'm not even thinking about a number but I would love to do some business where I can earn some money. 'Cause I'm a earner. I never was the type to take this for a hand-out."

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Beanie Sigel added that he shares similarities to Ye, in the sense that they're both innovative thinkers. "I got a lot of business ventures that I think if me and Kanye was to sit down and have that opportunity to present it to him, you know, it's some money on the table that I can earn," he added.

In conclusion, Beanie said that it's "all love." Maybe, Kanye will be willing to have a sit-down with Beans in the future. Check out the video below.

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About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.