This doesn’t mean that he was ok with it, as he clearly stated:
There are a lot of excuses as to how things played out, trying to make them seem to be ok. In the end, it was a big grey area, that like Jake mentioned either benefited YYE to try to grow this hobby, or the funds went else where.
Personally, backing someone into a corner isn’t an ok thing to do. If the plan was to give the profits to YYE from the beginning it should have been coordinated MUCH better than what it was. It could have been coordinated much better.