Dame Dash
HipHopWired Featured Video
Source: Courtesy of Damon Dash / Damon Dash
Dame Dash isn’t ducking any joke smoke. Harlem’s very own has addressed his recent viral mishap by pulling out his fake chomped on Instagram.
The mogul had an interesting week, last week. During an Instagram Live Dame Dash started responding to 50 Cent’s commentary from his recent visit to the Million Dollaz Worth Of Game the top row of his teeth fell out. It seemed that this took him by total surprise as he quickly handed his phone to his wife. While the mishap happened within the blink of an eye the moment soon went viral prompting him to explain on another Instagram Live session.
“First of all, sh*t is not dentures. These are my grills,” he explained as he showed the camera the fake teeth. “What happened was I have to go get implants put in ’cause I have implants. And I got them 20 years ago, and every 20 years, you got to switch them out. So I have to do surgery—pause—oral.” He then went on to poke fun of himself saying “my diamond grills popped out because that’s what happens when you’re broke.” The joke is a reference to an interview where the former Roc-A-Fella Records founder admitted to being broke.
You can see the former Cake-A-Holic reveal his missing teeth and discuss his streaming platform below.
HipHopWired Featured Video
Dame Dash was slated to auction off his stake in Roc-A-Fella Records this Thursday (August 29), but it appears the Harlem native will maintain his one-third ownership for a bit longer. A judge ruled on Tuesday (August 27) that the auction will be delayed until next month with the price of the stake doubling to cover Dame Dash’s tax debts and child support payments.
Billboard obtained court documents that Dame Dash will not hold the auction today after U.S. District Court Judge Robert W. Lehrburger ruled on Tuesday to grant a motion that moved the timeline of the auction from August 29 to September 21. The value of Dash’s 33.3 percent Roc-A-Fella Records stake was speculated to fetch millions according to some observers and now the starting price will be higher than previously shared.
As the outlet reports, the extension was granted to determine who gets paid first from the auction proceeds. One of the bigger line items for Dash was to pay off a $823,000 judgment after a civil lawsuit filed by film producer Josh Webber over a business partnership that went awry. Further, New York City says that Dash owes $193,000 in back child support, and the state of New York says a portion of the sale should go toward paying down Dash’s $8.7 million tax debt.
Webber’s attorney, Chris Brown, filed the motion to extend the date of the sale to officially sort out the order of repayment. The asking bid for the Roc-A-Fella Records stake was previously $1.2 million but now the asking price sits at $3 million at minimum. New York City will collect its child support payments first, then $1.7 million will go to Dash’s back taxes, and Webber will be paid third in line.
Dash has been on record saying that he will grant the buyer of the stake a bespoke Roc-A-Fella chain from the label’s heyday that would probably demand a hefty fee on the open market. It isn’t known if Dash is still offering the deal.
—
Photo: Source: Johnny Nunez / Getty
HipHopWired Featured Video
Source: Monica Morgan / Getty
The auction of Damon Anthony “Dame” Dash’s stake in Roc-A-Fella Records now has a new twist as New York State claims he owes them millions in back taxes.
The legal battle over mogul Dame Dash’s share in Jay-Z’s Roc-A-Fella Records has another added twist, as a motion was filed in a federal court in Manhattan by New York’s Department of Taxation & Finance on Wednesday (August 21). According to reports, the motion was for the department to legally intervene in proceedings leading up to an auction of Dash’s share in the record label that will be conducted by the United States Marshalls Service in a Manhattan hotel on August 29. They claim that Dash owes $8.7 million in back taxes and penalties on income that he earned between 2005 and 2018.
“To date, the Department has been unsuccessful in its efforts to collect the unpaid New York State tax debt owed by Dash,” wrote attorneys for the state in the filing. “Intervening in this matter may be the Department’s only opportunity to collect some of the unpaid taxes Dash owes to New York.” The motion adds more complexity to the situation, as the share held by Dash (which totals 33.3% interest) is being auctioned off to fulfill a judgment in a lawsuit won by film producer Josh Webber. Webber sued Dash over a failed movie partnership and was granted $823,000.
However, the New York City’s Department of Social Services will receive the first share of proceeds from the auction as Dash owes $145, 096 in unpaid child support.
The tax department made it clear that its filing was not to supersede the social services department, but it also said that it had a lien against Dash’s Roc-A-Fella proceeds for over a decade. Jay-Z and Kareem “Biggs” Burke had tried to stop the auction from proceeding but were denied in February.
The opening bid of the auction will begin at $1.2 million, and Dash will receive any monies after the judgments are fulfilled, with his lawyer Natraj Bhushan claiming they “expect a robust auction with bids entering the several millions if not higher.” What is clear is that Mr. Damon Dash is allergic to responsibility,” Webber’s attorney Chris Brown stated in an interview. “I’m more interested in learning if New York State will file tax evasion charges against him or if he will be arrested at the upcoming auction. That is what I want to find out. Just my opinion.”
HipHopWired Featured Video
Source: Courtesy of Damon Dash / Damon Dash
It’s no secret that Dame Dash has been strapped for cash for a while now, and though he’s not bankrupt broke, the man certainly isn’t balling out of control like he was during Roc-A-Fella’s heyday.
With a court forcing him to sell his 33.3% share of Roc-A-Fella Records to satisfy his outstanding debt, Dame Dash decided to take the time to explain to everyone why he’s been hard on cash. Yesterday, Dame took to Instagram to inform everyone on how it’s gotten to this point, and truth be told, it’s pretty understandable. No, he didn’t blow all his dough on fancy cars, cribs or more jewelry, but he did blow a decent amount on his dreams.
In his IG Live, Dame explained that his pockets began thinning out when he started “investing” in ventures that he wanted to see grow into fruition. Though he didn’t specify what kind of investments he made, it’s obvious at this point that they just didn’t work out or give him a return on his investment.
“Somebody asked me how I got so broke. Um, investing in my dreams. You know, when you’re investing in your dreams and you dream big, you’re always gon’ be broke. You’ll have a lot of sh*t, but I don’t have no money for nobody else if that’s what you call broke. That’s what it is. Either way, I’ma get with y’all. Stay tuned. I’m curious to see how it all rolls out.”
Call us crazy, but we really hope things work out for Dame.
The post comes a day after Dame Dash took to Instagram to offer an OG iced out Roc-A-Fella chain to the first person to put down $10 million on his share of the iconic record label. With a judge ordering Dame to pay film director Josh Webber a cool $800,000, Dame has to part ways with the label he, Jay-Z and Kareem Burke founded in 1994.
While many would jump at the chance to purchase his stake in the label, Jay-Z put everyone on notice that the crown jewel of Roc-A-Fella Records’ catalogue, Reasonable Doubt, would ultimately be reverted to him in just seven years, 2031. With the starting bid of Dame’s share of the label beginning at $1.2 million, will anybody be willing to put much more than that on the label knowing its biggest asset will be gone in a matter of years? Guess we’re going to find out.
Check out Dame’s post below, and let us know your thoughts on his situation in the comments section.
HipHopWired Featured Video
Recently, it was reported that a court-ordered Dame Dash‘s share of Roc-A-Fella records to be auctioned off to satisfy his mounting debt. Now, Jay-Z is hitting potential bidders with a “Buyer Beware” notice as his debut album, Reasonable Doubt, is the crown jewel of Dash’s stake in the record label.
According to TMZ, Jay-Z is taking legal action regarding the auction of Dame Dash’s 33.3% ownership of Roc-A-Fella Records, which will begin with a starting bid of $1.2 million. While we assumed Jay-Z would just participate in the auction and put up whatever amount of money is needed to get back the majority of his old record label, it seems like he’s going a different route and letting potential buyers know that Reasonable Doubt will be his in just a few years regardless of who ends up with Dame Dash’s share of the label.
Per TMZ:
While Roc-A-Fella currently holds the copyright on the record and all its tracks … Jay’s attorneys have now filed notice that those rights will revert to one Shawn Carter/”Jay-Z” in 2031.
Even though Jay and Dame ain’t exactly vibing these days, this legal move isn’t about revenge, it’s just biz — the rights would have gone back to Jay 35 years after the record was released, anyway. His lawyers have just filed the paperwork to make it official.
So, what does this mean for the August 29 auction? Whoever ends up winning Dame’s shares — minimum bid is $1.2 million — will enjoy one-third of all “Reasonable Doubt” revenues … but only for about the next 6 years and change. Then it’s all Jay’s.
Well, that certainly won’t sit well with anyone bidding on Roc-A-Fella’s illustrious catalog.
How will this affect the auction remains to be seen but putting down more than $1.2 million on something that’s going to have its biggest asset removed in six years doesn’t seem like a sound investment. Just saying.
What do y’all think? Let us know in the comments section below.
—
Photo: Getty
HipHopWired Featured Video
Source: Courtesy of Damon Dash / Damon Dash
Just a week ago it was reported that Dame Dash was about to sell his stake in Jay-Z’s classic debut album, Reasonable Doubt. But now, it seems like Dash will be forced to sell much more than he originally intended.
According to TMZ, a court has just ruled that Dame Dash will have to sell his entire share of Roc-A-Fella Records as his money woes continue to pile up. According to the report, Dash will have his 33.3% in the iconic record label auctioned off by a U.S. Marshall on Aug. 29. For serious bidders who plan on getting in on the action, they’ll have to send an email to attorney Christopher Brown in order to register for the upcoming event.
Naturally, the biggest gem here is Dash’s share of Reasonable Doubt. With rumors having swirled that Jay-Z had been trying to get that back from Dame for a while now, we wouldn’t be surprised if a representative for Hova ends up with the winning bid for Dame’s share of Roc-A-Fella Records.
TMZ reports:
Brown, as you may know, represents film director Josh Webber, who secured an $800K-plus civil judgment against Dash for copyright infringement and defamation two years ago.
Webber and Muddy Water Pictures produced “Dear Frank” and filed suit against Dash after claiming he went around and told people he owned the rights to the movie even after he was dropped from the project.
The court docs specify the purpose of the auction is to collect on the judgment. The docs also note Jay Z’s album “Reasonable Doubt” is the biggest asset Roc-A-Fella owns.
It will be quite the pricey entrance fee for anyone interested in the auction as the starting bid will be $1.2 million, with the winning bid having to put down 20% of the final tally as soon as the auction ends. We all know that’s pocket change to someone like Jay. Just sayin’.
What do y’all think of Dame Dash’s latest legal setback? Let us know in the comments section below.
HipHopWired Featured Video
Source: Courtesy of Damon Dash / Damon Dash
It seems Dame Dash is very serious about letting his share of Reasonable Doubt go. He announced it is for sale.
As reported by HotNewHip-Hop, the Harlem, New York, native recently took to social media to let the world know that his piece of Jay-Z’s debut is available for a price. On Friday, July 19, he posted the album artwork with a rather undiplomatic caption stating he is taking offers. “This sh*t is for sale 1/3 … only real inquiries only,” he wrote. The second photograph on the Instagram post is a visual of Jay-Z, Damon Dash and Kareem “Biggs” Burke from the project’s original CD booklet.
Naturally, the post quickly went viral and received over 10,000 comments within 24 hours. Lupe Fiasco left a comment, which has since been deleted, urging Drake to buy it. “@champagnepapi will keep it safe for generations to come. This is grail and influenced an innumerable amount of rappers to see it peddle such a lack of grace genuinely hurts my feelings a little bit.” Lupe went on to recommend that Dash hold on to his share saying, “Or just keep the s**t OG you should be infinitely proud of this. Without it there is no me as I am and I’m sure other MCs will agree.”
This is not the first time the former Cakeaholic has tried to sell his 33% ownership in the 1996 effort. During an appearance on the Veuit podcast, Dash revealed that Jay-Z offered him $1.5 million dollars for his stake but he told his former partner no. Earlier this year, Cam’ron and Mase alluded to buying Dame’s share, but the transaction was never confirmed.
Last month, he reached out to Kendrick Lamar via IG after he unearthed an old social post from K Dot from 2010. “I’m sorry, Reasonable Doubt is better than Illmatic…. #youcanunfollowmenow” it read to which Dame posted, “@kendricklamar my 3rd is for sale if you want to buy it.” Kendrick never publicly responded to Dame Dash’s offer.
HipHopWired Featured Video
Source: Courtesy of Damon Dash / Damon Dash
Dame Dash will have to seek new legal representation. His lawyers have served him resignation papers due to unpaid fees.
HotNewHipHop is reporting that the Harlem, New York, native’s debts continue to increase. Last week, Felton T. Newell and Justin H. Sanders, Esqs., of Sanders Roberts LLP formally abandoned their positions as the lawyers on record for the media mogul. The reasons they cited included “breach of contractual obligations to the firm” and claimed Dame Dash “failed to fulfill their financial obligations under their retainer agreement, resulting in the firm initiating an enforcement action against them.”
The firm was representing Dame Dash in his court battle against Monique Bunn. Back in 2023, the photographer claimed he sexually assaulted her but he was eventually cleared of any wrong doing. According to documents obtained by HipHopDX, she has since requested that the case be reopened citing the jury did not understand the gravity of the damages she suffered. Bunn also states that she was not compensated for her work and that Dame Dash.
“The evidence at trial – which was uncontroverted – established that each photo was worth $1,500, which should have resulted in a verdict for at least $384,750,000,” the 285-page document read. “It is well known that professional photographers earn much of their income through licensing their portfolio of photographs, and Defendants’ actions destroyed Ms. Bunn’s economic prospects. The jury ignored the valuation evidence and awarded zero to Ms. Bunn.”
Dame Dash has yet to formally respond to the matter. You can read through the lawyer’s notice of resignation below.
HipHopWired Featured Video
Source: It Is What It Is / Youtube
Cam’ron and Dame Dash have had a tight relationship for decades, which many felt might’ve played a part in the downfall of Roc-A-Fella Records. So when OG Hip-Hop exec Steve Stoute put the blame of the Roc’s breakup squarely on the shoulders of Dame, Cam and Mase came to the defense of Jay-Z’s former business partner.
In a recent interview with Shannon Sharpe on Club Shay Shay, Steve Stoute suggested that Jay-Z outgrew Dame Dash’s “crazy” antics while they were working together at Roc-A-Fella and wanted to pursue bigger and better things. Taking issue with Stoute’s perspective on the matter, Cam’ron and Mase stood up for Dame on their show, It Is What It Is. Cam and Mase talked about how Dame put a lot of people in a position to win in life and even inspired Cam to take his career more seriously than he was at the time.
After Mase reminded everyone that Dame gave a lot of Harlemites jobs in the music industry, Cam chimed in. “Oh, absolutely. It’s a bunch of people outside of me that are still in prominent positions now,” Cam said.
“Dame gets perceived the wrong way because of his attitude. He’s very arrogant but he’s very smart. But the thing about it is, Dame is going to do what works for Dame and at this point you got to accept him,” Cam said. “Either love him or hate him for who he is ’cause he’s not changing, and he’s been successful at helping build $100 million companies — not just one, but multiple,” the “Oh Boy” rapper continued.
“And some people are never going to see $100 million in they life, so I think he’s capable of doing anything in the world. But sometimes to me, to Cam, the way he presents himself to other people is a turn off. He’s an acquired taste, pause.”
[embedded content]
Dame for his part didn’t take kindly to Steve Stoute’s take on the Roc’s downfall. He took to IG to express his feelings on the matter by posting a clip of Stoute’s interview with a caption that read, “This is the reason I had to smack the shit out of @stevestoute a couple years ago…because he’s always speaking on other men’s business good thing I’ve evolved #staytuned”
Steve Stoute got slapped up by Dame Dash and Diddy (allegedly) on separate occasions?! That man gotta stop messing around with dudes who got the letter “D” in their names or something.
What do y’all think of the situation? Was Dame to blame for Roc-A-Fella breaking up? Should Stoute be throwing his 2 cents in on the matter? Let us know in the comments section below.
HipHopWired Featured Video
Source: Djamilla Rosa Cochran / Getty
Dame Dash continues to be vocal about his former business partners. He claims Lyor Cohen is taking advantage of Young Thug while he sits in jail.
As spotted on Hip Hop DX, the Harlem, New York, native is continuing to own his narrative via his America Nu Network. In the newest episode of The CEO Show, Dame spoke with battle Rap legend and media personality, Math Hoffa. While the conversation lasted close to an hour, as expected, the Roc-A-Fella Records founder had a couple of hot takes that quickly went viral. One specifically was his opinion on Young Thug’s current legal issues.
“For me, if I see a kid that’s making music about sh*t that’s gonna get him killed because he’s really doing it, I don’t think I’m putting they records out. I’m not going [to] enable that child” Dash said. “When I look at Young Thug, I’m like, Lyor and them just made a big check and he’s going to jail. They made money off his music.” Dash went on to further detail why he thinks Cohen is doing bad business. “So if they made money off that music and he’s in jail for that, then all that money they made off the music should not go to them. How do they get to get all that money and he has to get a jail cell?”
While Dame Dash continues to champion for the artist, it seems he’s still dealing with some finance issues. Hip Hop DX is also reporting his legal team has filed documentation to formally sever ties with their client over unpaid services. According to documentation obtained by AllHipHop, Sanders Roberts LLP stated that he “failed to fulfill their financial obligations under their retainer agreement, resulting in the firm initiating an enforcement action against them.” Sanders Roberts LLP not only represented the business mogul but also Damon Dash Studios, Poppington LLC and Raquel Horn.
You can see Dame Dash discuss Young Thug and Lyor Cohen below, starting at 19-minute mark.
[embedded content]