For the sake of his apparel brand Yeezy LLC, Kanye West has put a number of assets at rιsk, as The U.S. Sun can exclusively disclоse.

The 46-year-old rapper has pledged land, expensive cars, and the Yeezy clothing line as security in many enigmatic financial transactions.

The U.S. Sun got records indicating that earlier this month, Kanye’s apparel umbrella, Yeezy LLC, signed a contract with the logistics company 1981 Distribution.

It looks like the 1981 Distribution company is managing Yeezy’s inventory and shipment. The company specializes in distribution and warehousing facilities for online retailers.

According to records received from Uniform Commercial Code financial filings, The U.S. Sun can reveаl that Kanye put up two luxury motors, his YZY Gap apparel line, “various storage archive items,” and a “Stem Player designed by Teenage Engineering” as collateral for this purchаse.

One of the assets up for grabs in the new contract with 1981 Distribution is the Stem Player, which Kanye designed in 2021 in partnership with Teenage Engineering, a Swedish electronics company.

A song is divided into four tracks by the gadget, and more tracks can be added on top.

It was said that Kanye’s Stem Player design was a “engineering disаster” and “overpriced.”

A UCC is a formal declaration of a lien made by a lender on an asset in order to guarantee an equipment loan or lease.

According to the UCC records, Kanye has been involved in a number of loans since 2015 in order to support the growth of his business empire. 1981 Distribution is not the only firm connected to the assets of Yeezy LLC.

Kanye also signed a contract with CGB Agri Financial Services, a company that leases and lends money for agricultural equipment.

Under Kanye and his Wyoming company Psalm Cody Ranch LLC, the debtors are named.

near October 2019, he paid $7.7 million for the 4,524-acre rural estate near Cody.

A portion of the property was utilized for flood irrigation, complete with irrigation pivot infrastructure.

All “irrigation equipment of every kind and nature, including but not limited to center irrigation pivots, pumps, PVC pipe, sprinklers, and motors” is included in the collateral if the loan is not returned.