Martin Shkreli offers Kanye West $10 million for exclusive album rights

Kanye West album offer

Kanye West could earn an easy $10 million if he releases his new album only to Martin Shkreli.

The infamous pharmaceutical executive, best known for purchasing an exclusive Wu-Tang Clan album for $2 million, and then raising the cost of an AIDS saving drug from $13.50 to $750 a pill, is currently facing securities fraud charges.

Shkreli posted a tweet on Thursday night which appears to show a letter he was intending to send to Kanye West.

“I am writing to you in hopes of convincing you to withhold the release of your forthcoming studio album,” Shkreli’s letter reads. “Instead of releasing this product for your millions of fans, I ask you to sell this recording solely to me, for the price of $10,000,000.”

In a subsequent tweet, Shkreli claims, “Kanye and his label are legally required to take my offer letter to their Board of Directors. This should delay the album by a few days.”

Shkreli posted the tweet less than an hour after the kickoff of an event at New York’s Madison Square Garden where West is debuting his new album, “The Life of Pablo.”

In the early morning hours on Friday, Shkreli complained that a DM limit placed on his account by Twitter made it impossible to know if Kanye West responded.

It’s still not clear when the album was slated to go on sale.

Written by Tammy Johnson

Tammy Johnson

Tammy Johnson is the Retail Editor at BusinessPundit. She focuses on Fortune 500 retail company's and disruptive brick-and-mortar and e-commerce companies that are changing the retail landscape.