Dame Dash Dismisses Rumors of ‘Reasonable Doubt’ Settlement Talks with JAY-Z

‘Paid in Full 2’ on the Way: Dame Dash Cites Newark as Film Location

Rumors circulated online that JAY-Z and Dame Dash were aiming for a settlement in their NFT lawsuit over Reasonable Doubt. Dame is clearing it up and saying those reports are false.

In the middle of last year, Dame Dash was sued by Roc-a-Fella Records to stop the sale of a Reasonable Doubt NFT. In June 2021, a New York federal judge sided with Roc-A-Fella Records label owner Jay-Z after convincing them that his first album, Reasonable Doubt, should not be sold as an NFT by Dame Dash. NFTs, or non-fungible tokens, are valuable digital assets that cannot be replicated or traded. The complaint stated the date to auction off the album as an NFT had been set for June 23-25, but SuperFarm, Dash’s partnering company, called it off after the Roc-A-Fella label sent them a warning letter expressing their concerns about Dash’s pursuit of a sale. Even though Dash’s defense says he only attempted to sell his Roc-A-Fella stake, not the rights to Reasonable Doubt, the court still issued a temporary restraining order. 

“He sued me for something he said that I did that I didn’t, and then I just had to sue him because he was redirecting funds for Reasonable Doubt,” Dame said to Shannon Sharpe in an interview earlier this month. “I didn’t realize it. I would never sue somebody I used to hustle with—I’m not into suing anybody. I was disappointed. I think it’s embarrassing.”

On Wednesday, Complex reported the two were in the midst of settlement talks that would play out until April 1. Dash hit Instagram, sharing a post by REVOLT, and shutting down the rumored settlement:

please don’t believe this hype we are no where near a settlement.. they accused me of doing something i did not do and now they have to prove it…and i can sell my share anytime I want #askthejudge and #jayz and @biggsburke if you wanna settle this holla at me…we use to hustle together…court is corny…let’s talk like men for the culture… I dare y’all to respond #doitfortheculture

– Dame Dash

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Jay-Z And Damon Dash May Settle In Their ‘Reasonable Doubt’ NFT Lawsuit

Last summer, Roc-A-Fella Records filed a lawsuit against Damon Dash after the label’s cofounder announced plans to auction a portion of Jay-Z’s debut album, Reasonable Doubt as an NFT. The label argued that the album is owned by the company, and not by its individual partners.

The lawsuit is ongoing, however, Jay and Dash are reportedly in talks to reach a settlement deal.

Jay-Z’s attorney Alex Spiro said in a filing earlier this week Dash and Jay were “in the process of meeting and conferring to determine whether they can reach a settlement agreement that would resolve this case.”

If Jay and Dash are unable to settle the case, Spiro and Jay plan to file a motion seeking full victory in the case.

Dash currently owns one-third of Roc-A-Fella, however, Spiro and Jay argue that Dash’s stake in the label doesn’t give him the right to sell any portion of the esteemed album.

“The sale of this irreplaceable asset must be stopped before it is too late, and Dash must be held accountable for his theft,” read the lawsuit filed against Dash last June. “The bottom line is simple: Dash can’t sell what he doesn’t own.” A judge immediately blocked the album’s sale as an NFT.

Dash and Jay must reach a settlement deal by April 1, according to the letter.

Dame Dash Tells Shannon Sharpe He Believed In Jay-Z After He Saw His Air Force 1’s

Dame Dash Responds to JAY-Z's Lawsuit Over 'Reasonable Doubt' NFT

For a lot of people, it might be the talent or confidence an artist exudes that might be the reason a lot of people believe in them early on. However, for Dame Dash, it was a pair of Air Force 1’s that made him believe in Jay-Z.

Dame recently appeared on the latest episode of Shannon Sharpe’s Club Shay Shay podcast where he told a story about how he was introduced to Jay-Z through DJ Clark Kent. “What made you think a 26-year-old rapper could be big in the industry?” Sharpe asked.

Dash responded, “Cause he had on Nike Airs.” Dame went on to explain how he was from Harlem and Jay was from Brooklyn. Air Force 1’s were big in Harlem but weren’t as widely worn (at the time) in Brooklyn. “Back in those days, Brooklyn dudes didn’t wear Nike Airs. So, that was a flag for me.”

Sharpe went on to note how Dame has a peculiar way of believing in someone based on their appearance.

“Seems like it works, doesn’t it?” Dame responded

You can check out the full episode below.

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Dame Dash Still Blames Jay-Z For Frozen Friendship

Dame Dash

Dame Dash sat down with ex-NFL player Shannon Sharpe to talk about his relationship with Jay-Z and why their ongoing legal battles are standing in the way of reconciliation. Dame Says Jay-Z’s Legal During the conversation on “Club Shay Shay,”  Shannon asked Dame how he knew “the 26-year-old rapper (Jay-Z) could be big in the […]

Dame Dash Calls Kanye “Our New Michael Jackson”

Dame Dash Assures Kanye West Isn't 'Crazy' Following Wyoming Visit

Despite the negative press Kanye gets in the media, it’s hard to deny his genius, and his documentary jeen-yuhs only proves that. Many people caught on to West’s genius early on, specifically Dame Dash, who ended up signing Ye to Roc-A-Fella in the early 2000s. In a recent interview with The Jasmine Brand, the Roc-A-Fella records co-founder reflected on Ye’s two-decade-long career in the industry.

“I was the guy who always ran around with a camera ’cause I knew that these moments were priceless, it was just a matter of when it was time,” Dame said. “So, I was glad that they actually took that advice and did that, or at least followed the example. I got a lotta footage, but it’s just the time, it’s always about the times. I think this is the right time for that.”

Dame went on to call Ye “our new Michael Jackson,” someone that even Kanye has likened himself to.  “Whether that’s negative or positive, but that’s just what it is,” Dame added. “Every move he makes, everybody’s paying attention to.”

Dame went on to say how Kanye was not as bold when he first started, but over the years, he has continued to push the boundary and leverage his celebrity status to expand his brand outside of music. “He wasn’t that bold back then, but he always was very confident,” Dame shared. “It’s levels to it, so I thought he had a lot of confidence rapping among the fierce rappers that were around and also being vocal. I give everybody the same exact opportunity [when] I see potential, I see the same potential in most everybody. He just really took the opportunity, and he really listened. And what he did was he leveraged his celebrity very well.”

Dame added, “I love the fact that [Ye] was smart enough to take his celebrity, and that’s what I taught them—use your celebrity to leverage it for your own products. And that’s what he did and that’s what mostly everyone who has been successful has done.”

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[WATCH] Dame Dash Releases Country Music “You’re So Fine”

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Besides starting Roc-A-Fella Records, founding arguably the greatest rapper of all time and losing it all within a ten year span, what else hasn’t Dame Dash done? Country music!

Released on Valentine’s Day, the Roc co-founder does a Johnny Cash rendition for his country music debut, complete with ten gallon hat and boots. The video, “You’re So Fine”, is an ode to his wife and had no shame making this his first musical offering since the collapse of Roc-A-Fella Records.

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Jay-Z’s Rock & Roll Hall Of Fame Speech Makes Dame Dash Amenable To Reconciliation

For years, former Roc-A-Fella Records partners Dame Dash and Jay-Z have been on shaky, uneven footing stemming from the label’s contentious split in 2005 when Jay-Z walked away from the partnership for a position as President of Def Jam. However, it seems that Jay holds less ill will toward his former partners than many of them hold toward him, as he gave a series of shout-outs during his Rock & Roll Hall Of Fame induction speech, including to third Roc founder Kareem “Biggs” Burke as well as Dame.

“Shout-out to Dame,” he said. “I know we don’t see eye to eye, but I can never erase your accomplishments. And I appreciate you and I thank you for that.”

That proverbial olive branch has apparently prompted Dame to consider reconciliation according to Page Six, which he told, “I’m glad he said it for the culture. We need to squash everything. So hopefully if that was an extended [olive branch], I’ll spin one back.”

However, the feisty mogul did set one condition for a possible reunion. “I have no beef with [him] if [he has] no beef with me,” he elaborated. “Let’s get the lawyers out of it then. Let’s talk like men, but I definitely appreciate it.”

Of course, the lawyers were introduced to the mix earlier this year when Dame reportedly attempted to sell Jay’s debut album Reasonable Doubt — the point of contention in the initial Roc split (although Dame blames other factors) — as an NFT. However, as it turned out, Dame was more interested in off-loading his stake in the now-defunct brand, which Jay tried to buy at a price Dame “deemed unacceptable.” Jay still sued to stop the sale, saying in court records, “Dash can’t sell what he doesn’t own. By attempting such a sale, Dash has converted a corporate asset and has breached his fiduciary duties.

The original trio of founders met over the summer to try and hash out their differences after a judge denied Dame’s request to block the meeting, but as yet, it appears they still haven’t buried their respective hatchets. Jay’s shout-out could be the first step toward getting the brash Harlem hustler back to the negotiating table.