(NewsNation) — Kanye West, who changed his name from Ye to Ye Ye earlier this year, finally has some cash rolling in.

In April, I told you about how the rapper was cash poor, living out of a hotel and trying to offload his property portfolio… and some of it has come to fruition. 

Kanye West is offloading properties

This week, West sold one of his Wyoming ranches, Bighorn Mountain Ranch, back to the original owner, the Flitner family, for $14 million — the exact amount he bought it for years earlier. 

His second Wyoming property, Monster Lake Ranch in Cody, Wyoming, is also up for sale, currently listed at $12 million, per Hayden Outdoors.

Earlier this year, West offloaded his 4,700-square-foot beachfront Malibu home for $21 million (it is now back on the market) and is also trying to sell a Calabasas apartment he owns for $2.95 million. 

But West isn’t completely homeless (yet). West and his current wife, Bianca Censori, recently bought a 20,000-sq-ft mansion in Beverly Park, and he still owns a ramshackle house next door to his ex-wife Kim Kardashian in Holmby Hills, as well as his mother’s home in Chicago. 

But the living isn’t as easy as it was when the Adidas cash was flowing.

Ye’s financial difficulties have been happening since Adidas dropped him

As I reported earlier this year, West has been having financial difficulties for a while now.

“Kanye has been having financial difficulties since Adidas dropped him,” my source said.

In 2022, Adidas broke up its lucrative partnership with Ye, dropping the Yeezy shoe line (and billions of dollars) after severe misconduct came to light.

According to the New York Times, West subjected Adidas and Yeezy employees to “antisemitic and sexually offensive comments, displayed erratic behavior, and issued ever-escalating demands.” Ye was also said to have shown employees pornography, drank at work, lovingly quoted Hitler, called Black Lives Matter a “scam,” started selling “White Lives Matter” shirts, and promised to go “death con 3 on JEWISH PEOPLE” before he was finally fired.

The loss of his main source of revenue has hurt West’s real estate dreams. 

Donda Academy lawsuits are draining his finances

Meanwhile, West has another major drain on his finances — the multitude of lawsuits against him involving his Donda Academy school. Last year, three teachers at the academy sued, claiming they were unfairly fired after complaining about conditions at the school, including violations of educational codes as well as health and safety concerns. That lawsuit claims the teachers were subject to constant bullying and pay discrepancies.

In the latest lawsuit filed on Tuesday, former employee Trevor Phillips claims he suffered discrimination and harassment while working for West.

According to the complaint, “In front of the schoolchildren, Kanye continued his dangerous rhetoric. Kanye started to openly discuss how he only likes to date white women… Then addressing the two school children, Kanye told them that he wanted them to shave their heads and that he intended to put a jail at the school — and that they could be locked in cages. The staff quickly distracted the children, and escorted them out of the room.”

In addition, West allegedly spent $2 million earmarked for the school on a luxury trip to Paris, taught antisemitism, praised Hitler to children and would fire anyone he deemed “fat.”

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