Dame Dash’s partial ownership of Roc-A-Fella Records has been a source of controversy for many years. But now that a judge has ordered Dash to sell his 33 percent ownership of the company to cover a lawsuit judgment, and there is speculation that his shares might be sold to rappers Cam’ron and Mase.
Dash’s Debts
Dash, whose net worth has dwindled since he was helping run things Roc-A-Fella, was ordered last month to sell his shares in the record label. Selling his final 33 percent of shares would be use to pay repay $823,000 to movie producer Josh Weber who won a copyright infringement lawsuit filed against Dash in 2022. The judgment at the time was for $805,000, according to TMZ. But there are also other judgements, including $123,562.37 due in back child support, made against Dash that most likely be in line for a payout, according to Webber’s lawyer Chris Brown.
“I was recently informed that the Office of Child Support Services (New York City has added a lien to the auction in the amount of $123,562.37 for unpaid child support,” Brown told Radar. Brown also said Dash is facing a judgment in another case for $30,000 pending in California.
While Dash and co-founders Jay-Z and Kareem “Biggs” Burke have all reported believe that the sale would need to be approved by the board of directors, the judge in the case ruled that the company had 180 days to comply with the court order. Both Jay-Z and Burke have been fighting the court order.
Are Cam’ron and Mase Bidding for a Piece of the Roc?
Still, while speaking on “America Nu Network” podcast, Dash shared that he would sell his shares to rappers Cam’ron and Mase.
“In this very moment, they could have it, they might have it — pause,” he shared. “I’m just celebrating the fact I can freely sell it and that I have the option to sell it to Cam and Ma$e. I’m not saying that I haven’t. I like to pass the torch. I like what they’ve done. They didn’t fold. They from Harlem, we all came up together and it would be fun to see them running Roc-A-Fella.”
Contrary to what Dash is saying, it seems he would not be the one selling the shares. Attorney Brown noted that his office and the U.S. Marshal are in control of this process.
Brown told Radar that Dash “no control over the auction process” and those reaching out to [Dash] personally with the hopes of purchasing the shares “need to know they are barking up the wrong tree” as Dash did not create the auction and is “simply a judgment debtor along for the ride.”
A Hint At The Future of Roc-A-Fella
In 2002, Dash pulled Cam’ron, frontman to the group Diplomats, to be the vice president of Roc-A-Fella. Cam’ron declined to take on the role as they could not reach a salary negotiation. But today, it seems Cam’ron, along with his friend Mase, wouldn’t mind becoming the owners of the label.
On a recent episode of “It Is What It Is,” the duo speculated what owning the label would mean.
“Let’s just say I did for $20 times who knows how much,” Mase said. “Let just say hypothetically.”
“Hypothetically, did it happen?” Cam responds.
“I have a secret I might want to tell you I been working on,” Ma$e said.
“Me too,” Cam adds. “Hypothetically, it might have happened already. … I’m just doing business, bro. I’m not here trying to play games or chess against anybody. I’m here solely for business.”
According to HipHopDx, Webber’s attorney, shared that “two prominent New York rappers” were interested in purchasing the label but Dash has no power over the sale of his shares.
“My team/clients has heard from two prominent New York rappers,” Brown said. “However, the present leading candidates to purchase the judgments are World One TV and another network, and both networks are willing to pay an amount in excess of the judgments, understanding the value of this once in a lifetime opportunity.”
