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"We lost that business, one of the most successful collabs in history. Very sad," the Adidas boss says in a new podcast.
The first sale unloaded roughly 20% to 25% of the Yeezy sneakers that were left stacked up in warehouses.
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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.
It's the latest twist in recently-revealed litigation stemming from the split between the German sneaker giant and the embattled hip-hop star.
The shoe giant made only "unpersuasive arguments" in its effort to keep the money frozen, a federal judge says.
Newly-unsealed court records confirm the shoe company is trying to keep millions in Yeezy's accounts frozen amid their high-profile business divorce.
