Dame Dash targets Jay-Z after Roc-A-Fella sale and alleged Drake bid
Dame Dash has taken shots at his former business partner, Jay-Z, following the auction of his shares in Roc-A-Fella Records. The shares were sold as part of judgement in a legal proceeding against him, with a winning bid of $1million placed by an anonymous New York state government employee.
On America Nu Network, Dash jabbed Jay-Z with comments that attempted to belittle his worth and criticised him for not purchasing the shares himself, as Dash expected the billionaire to front up the money for the purchase.
“What this really taught me was that, in the world, homie isn’t as big as he portrays,” he said. “I thought more people would be interested in buying it […] I thought people would at least show up. No one even showed up! […] Jay didn’t even make a bid. He didn’t think it was worth $3 million. A billionaire, supposedly.”
Dame Dash went on to claim that Drake put in a bid for $6million at one point, but ended up withdrawing his offer, though no explanation was given as to why. “Drake did put a bid in for $6 million, but then he disappeared. I don’t know what happened,” he said. “But other than that, no one was serious. No one wanted that shit, period.”
One part of the sale will see a chunk of the $1million will reportedly go to New York City to help collect Dame Dash’s unpaid child support. The state bought shares of the company so they could sell it and put the money towards Dash’s $8.7million tax debt.
“The auction is over but the work is not complete,” said attorney Chris Brown after the sale. “Mr. Dash’s legacy is now New York state property. I will work with New York state and New York City as the next phase of ownership of the shares.”
Dame Dash previously accused Jay-Z of trying to disrupt the Roc-A-Fella sale at auction, with Hov claiming the copyright to Reasonable Doubt goes back to him in 2031. However, New York alleged that the album’s copyright would remain with Roc-A-Fella until 2098.
“The State of NY has stepped in and filed the following to the courts… Jay-Z’s statements to the press have poisoned the environment for the auction,” he wrote on Instagram. “He has claimed that he has a termination right under the Copyright Act and that the rights to Reasonable Doubt will revert to him in six years.”