Must've been true because man we done banned they shoes
I had the new ones, the Cool J, Iceland suede too
And we just threw them in the trash like they yesterday's news

from Eminem – Yellow Brick Road Lyrics on Rap Genius

Meaning

Even though he was white, Eminem still tossed out his supposedly racist shoes even though they were brand new and cool as hell. For somebody stealing bikes, the cost of a sick new pair of sneaks is pretty high, but he threw them out anyway

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