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Dame Dash says Jay-Z made a 'disrespectful' lowball offer for his shares in Roc-A-Fella Records

Barnaby Lane   

Dame Dash says Jay-Z made a 'disrespectful' lowball offer for his shares in Roc-A-Fella Records
  • Dame Dash has called his fellow Roc-A-Fella Records cofounder Jay-Z "disrespectful."
  • They filed lawsuits against each other in 2021 after Dash tried to sell his shares in the company.

Dame Dash has claimed his fellow Roc-A-Fella Records cofounder Jay-Z made him a lowball offer to buy his shares in the record label, prior to the rapper's lawsuit against him.

Dash cofounded Roc-A-Fella alongside Jay — real name Shawn Carter — and Kareem Burke in 1994.

In 2021, Dash tried to sell his stake in the company, including his shares in Jay's debut album "Reasonable Doubt," as an NFT (non-fungible token), leading to him being sued by the "Big Pimpin'" rapper, according to Complex.

Dash then filed a lawsuit of his own against Jay over the streaming rights to the album.

The dispute was settled in June 2022 when lawyers for both Dash and Jay filed legal documents to dismiss Jay's lawsuit, according to Rolling Stone. As part of the settlement, it was agreed that Roc-A-Fella owns all the rights to "Reasonable Doubt," and "no shareholder or member of RAF, Inc. holds a direct ownership interest" in the record.

During an appearance on VEUIT TV last week, Dash claimed that Jay had offered him a sum of money for his shares before he tried to sell them as an NFT.

"I was offered a certain amount of money for my interest in Roc-A-Fella Inc., which owns 'Reasonable Doubt,'" he said. "They offered me like $1.5 million — Jay-Z. And I was like, 'That's some disrespectful shit. So, I guess I gotta sell it someplace else.'"

Jay-Z's representatives could not immediately be reached for comment about the alleged offer.

Dash went on to say that the resulting situation was "fucked up."

"I got the lawsuit, 'cause again, I got accused of doing something I didn't to stop me from doing it, and then everybody just went missing. So I had to deal with the lawsuit on my own," he said.

This isn't the first time Dash has criticized Jay for taking him to court.

Shortly after settling the dispute last year, Dash said he was "hurt" by Jay's actions.

"Yeah, all that, but we were friends. Like, how would you feel if your brother just betrayed you for money?" he said during an interview on the "The Art of Dialogue."

"That's the algorithm. It wasn't surprising, 'cause that's what always happens," he added. "It was surprising 'cause no one — that's what it was, we were breaking the algorithm, we were doing it a different way and sticking together, but that's what always happens."

"They make one sell out the other, their friend, divide and conquer, that's a normal story," Dash added.

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