Dame Dash recently auctioned his one-third stake in Roc-A-Fella Records.

The auction, which included assets tied to the record label such as Jay-Z’s Reasonable Doubt album, was part of an effort to settle Dash’s debts, including $8.7 million in unpaid taxes. Despite some interest, including a withdrawn $6 million bid reportedly from Drake, the winning bid came from New York State at $1 million. This purchase was made as part of a creditor process to address Dash’s financial obligations, including unpaid child support​

New York State now owns Dash’s share and plans to resell it to recover additional funds. Drake has been buying up hip-hop history for a while and has focused on the third of the Roc. Dash stated that at one point, Drake bid for $6 million. “Drake put in a bid for $6 million, but then he disappeared.”

Hov made a call pic.twitter.com/U9G8F33TMd

— Do what thou wilt (@scarfaceGary) November 18, 2024