Dame Dash to Auction Roc-A-Fella Chain to Highest Bidder on Stake

Dame Dash is offering a unique incentive to potential buyers of his 33.3 percent stake in Roc-A-Fella Records, a significant part of which includes Jay-Z’s debut album, Reasonable Doubt. This stake is set to be auctioned off by the U.S. Marshals Service on August 29 in New York City. As an added bonus, Dash announced on Instagram that he will gift an original Roc-A-Fella chain to anyone who bids over $10 million.

“So if you do wanna buy one-third of Roc-A-Fella Inc. you are gonna have to bring some bread, and anything over 10 million, I’m gonna sweeten the pot,” Dash said in his video post. “You get an original Roc-A-Fella chain from off my neck. ’Cause I was the only one that gave out Roc-A-Fella chains when Roc-A-Fella really existed. If I don’t give you the chain it’s not a legit Roc-A-Fella chain. You get one of these, this is legit. This is the old-school one from off my neck. You know like when I took one off my neck and gave one to Kanye, Cam’ron, all that.”

Dash emphasized the importance of serious buyers coming forward. “So, again, if you’re gonna call please have the intention of spending some real money and actually completing the transaction, but if you come with the right amount of money you’re gonna get a chain or at least you’ll have to battle the homeboy on the first right of refusal,” he added.

This announcement comes amidst news that Jay-Z’s attorneys have notified the courts that Reasonable Doubt will officially come under Jay-Z’s ownership in 2031. Despite these notifications, Dash insists that the album remains for sale.

“They can say what they want, this sh*t is still for sale,” Dash wrote on Instagram earlier in August. “You’re not buying a copyright, you’re buying a piece of a company ROC A FELLA INC. Please only serious inquiries only!”

The copyrights up for grabs cover not just Jay-Z’s debut album title but also encompass each song on the 14-track release. This means the buyer of Dash’s share would own the entire album for seven years before handing it over to Jay-Z.

The upcoming auction of Dash’s stake in Roc-A-Fella Records is tied to a lawsuit filed by film director Josh Webber against Dash in 2019. Webber, who won a civil judgment of over $800,000 for copyright infringement, claimed that Dash promoted the 2019 film Dear Frank as his own, despite being removed from the project’s production.

Dash’s offer has sparked interest and speculations, including suggestions like one from Lupe Fiasco, who proposed that Drake might consider buying Dash’s one-third share of Jay-Z’s Reasonable Doubt.

The auction of Dash’s Roc-A-Fella stake could indeed stir up some serious bidding, attracting not only die-hard fans but also deep-pocketed investors looking for a piece of hip-hop history.

Watch Dame Dash Offer a Roc-A-Fella Chain to Bidders on His Roc-A-Fella Stake

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