New reports reveal that Kanye West has reached a settlement with insurance company Lloyd’s of London after not being paid when the artist was forced to cancel tour dates after a mental breakdown.
Kanyesued the insurance companies for a reported $10 million, but a settlement was reached outside of court for an undisclosed amount of money and the case was dismissed.
Fans may remember moments from the Saint Pablo tour in 2016 that could have led to this breakdown. During his Madison Square Garden show, Yeezy left mid-performance after getting word that his wife Kim Kardashian had been robbed at gunpoint in France. Kanye was forced to cancel two shows after the incident. The “Life of Pablo” rapper also was rumored to have had a mental breakdown as the anniversary of his mother’s passing approached which led to ultimately canceling a more hefty part of the tour.
The insurance companies initially refused to pay Kanye West despite that West had checked into a psychiatric hospital associated with UCLA. Doctors at UCLA said that it would be best for Kanye not to continue the tour. Days later Kanye’s touring company, Very Good Inc., filed the lawsuit for the $10 million.
After a long hiatus from social media, Kanye West returned to Instagram on Valentine’s Day to wish his wife and mother of three, Kim, a special holiday. The rapper/producer flooded Instagram with photos of iconic celebrity couples such as former President Barack Obama and former First Lady Michelle Obama, Brad Pitt and Angelina Jolie, Kanye’s mother-in-law Kris Kardashian and Rob Kardashian as well as many others.
Kanye topped off his IG flood with a photo of Kimye eating ice cream together.
Kanye has deleted his account since wishing his wife a happy V-day. Perhaps with this settlement money they’ll have an iconic weekend at the expense of Lloyd’s of London.