Dame Dash Is Selling His Stake In 'Reasonable Doubt'

[a.mann]

You not a boss if you’re not built for constant humiliation

 

[Goldie]

 

[L.L.R.J.]

TMZ Hip Hop has learned Jay's attorneys just made a legal filing that might normally fly under the radar, but here's why it's suddenly very relevant. As we first reported, Dame's third of Roc-A-Fella is going up for auctionlater this month, and the label's only real asset is Jay-Z's 1996 album, "Reasonable Doubt."

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.

 

[Chi-Town B]

TMZ Hip Hop has learned Jay's attorneys just made a legal filing that might normally fly under the radar, but here's why it's suddenly very relevant. As we first reported, Dame's third of Roc-A-Fella is going up for auctionlater this month, and the label's only real asset is Jay-Z's 1996 album, "Reasonable Doubt."

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.

So there's no point in anyone bidding.

 

[Water Ur Seeds]

So does that mean that Dame's share would had automatically gone back to Jay anwyays??? Which, if so, makes him not selling them years ago even more dumb...

 

[SeaSnake]

Man how did we get here w Dame

What happened to that circle of success shit

He shoulda never spoke on 9 to 5 niggas with his lame ass

 

[SeaSnake]

I want him to stop smoking just fake his drug abuse like Future does

It weed bro lol

 

[SeaSnake]

lol at niggas still hurt about that shit

He was right his delivery is just off

I mean it’s ironic as hell tho

 

[a.mann]

So does that mean that Dame's share would had automatically gone back to Jay anwyays??? Which, if so, makes him not selling them years ago even more dumb...

Don't be a chatty patty.....

 

[Natural Born Sinners]

LMAO... we all know who them shares are gonna end up with

Exactly. Ego can really be the end of man. Dame had it all and let it slips through his fingers due to ego

 

[Mister Breeze]

I mean it’s a wrap for KDot if Lupe pens a diss track for Kendrick

He been did that….

 

[grYmes]

The irony of Dame speaking on regular folk when he can barley handle his own regular folk business.

 

[Goldie]

 

[Greg.nice]

I mean im sure its worth something, but it aint like this a hit record.... what's 1/3rd of that supposed to fetch?

1/3 of this album aint gonna generate 1 mil plus by 2031

This might be a flop auction

 

[Goldie]

 

[SeaSnake]

Smh

 

[Goldie]

 

[Elzo69Renaissance]

Lmao

 

[Breeze DeBarge]

Letting a nigga buy your chain is like calling another man daddy

 

[Water Ur Seeds]

Something tells me those ROC chains will be like the one I bought from Camden Market in the early 00s...