Dame Dash Throws in Original Roc-A-Fella Chain As Part of Roc-A-Fella Inc. Shares Sale If It Hits $10 Milly.
Dame revealed on Instagram on Monday (August 19) that if the auction for his one-third ownership of the label crosses the $10 million mark, he will include Original Roc-A-Fella chain to the winning buyer.
“As we all know, one-third of Roc-A-Fella Inc. which owns Reasonable Doubt is for sale and I’ve gotten a lot of calls, a lot of offers,” Dash said. “I’ve definitely got some very healthy offers and I appreciate those.
“So if you do wanna buy one-third of Roc-A-Fella Inc., you are gonna have to bring some bread. And anything over $10 million, I’m gonna sweeten the pot: you get an original Roc-A-Fella chain from off my neck.”
View this post on Instagram
Dame Dash got word of JAY-Z’s legal filing, stating a claim to Reasonable Doubt in 2031. Dame’s response: “This shit is still for sale.”
The battle over the rights to Jay-Z’s iconic debut album, Reasonable Doubt, is almost finished. Recent legal filings reveal that the full ownership of the album will officially transfer to Jay-Z in 2031. This news comes as Dame Dash, co-founder of Roc-A-Fella Records, is facing the public auction of his 33.3% stake in the company, scheduled for later this month.
TMZ reported that the U.S. Marshals will auction Dash’s shares in Roc-A-Fella Records, with a minimum bid set at $1.2 million. This auction follows years of Dash attempting to sell his shares, culminating in this forced sale. The proceeds from the auction are intended to cover a judgment from a civil suit Dash lost in 2022 to Josh Webber and Muddy Waters Pictures over defamation and copyright infringement related to the film Dear Frank.
The recent filing by Jay-Z’s legal team further complicates the value of Dash’s stake in Roc-A-Fella. The document confirms that the rights to Reasonable Doubt, released in 1996, will transfer from Roc-A-Fella to Jay-Z’s ownership under his real name, Shawn Carter, in 2031. This shift was already set to happen 35 years after the album’s release. Still, the filing makes it official, indicating that whoever wins the auction will only receive a portion of the album’s revenue for the next six years.
View this post on Instagram