Dame Dash isn’t happy with how the auction of Roc-A-Fella Records turned out and is blaming any and everyone.
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On Monday, while speaking on his America Nu Network, the once-successful hip-hop mogul spoke on his share of the legendary rap label being sold to New York State for a measly $1 million (in his eyes).
He specifically took aim at his former business partner, Jay-Z, saying, “What this really taught me was that, in the world, homie isn’t as big as he portrays.”
Dash continued, “I thought people would at least show up. No one even showed up!”
He then took to opportunity to speak on Hov, adding, “ Jay didn’t even make a bid. He didn’t think it was worth $3 million. A billionaire, supposedly.”
The purpose of the public auction was to help Dash pay the huge amount of taxes he owes to the State of New York, which totals $8.7 million.
Dash also shared some other details about the auction, saying, “Drake did put a bid in for $6 million, but then he disappeared. I don’t know what happened. But other than that, no one was serious. No one wanted that shit, period.”
It seems that many weren’t too keen on the idea of helping Dash pay back his debts, especially Hov, since the only asset apart of Dash’s share of Roc-A-Fella was Jay’s debut studio album, “Reasonable Doubt.”
In September, Dash accused Hov of attempting to ruin the public auction, writing on Instagram, “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 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.”
This refers to a legal document obtained by TMZ, where Hov’s attorneys claimed that the copyright to the album goes back to Jay in 2031.
New York State attorneys denied that claim, arguing that copyrights will be held by Roc-A-Fella until 2098.
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