Dame Dash’s Roc-A-Fella Auction Delayed

The auction for Dame Dash’s stake in Roc-A-Fella Records has been postponed as New York’s tax department and social services position themselves for a cut of the proceeds.

On Tuesday (Aug. 27), the New York State Department of Taxation and Finance filed a motion in the United States District Court for the Southern District of New York. This motion aimed to intervene in the auction of Dame’s 33.3 percent stake in Roc-A-Fella, which was originally set for Thursday (Aug. 29). According to court documents obtained on Thursday, Dame has outstanding taxes that the NYSDTF hopes to recoup from the sale of his stake in the iconic rap label. The New York Department of Social Services has also stepped in, revealed by reports that Dame owes $8.7 million in back taxes and $193,000 in child support.

The auction of this stake was initially ordered in February after movie producer Josh Webber won a court judgment for $823,000 against Dame in September 2022. Now, with proceeds from the auction set to be distributed to various parties, Webber has requested and been granted an extension for the auction, which now has until Sept. 21 to occur. Webber also asked to revise the minimum bid amount.

Magistrate Judge Robert W. Lehrburger granted the NYSDTF’s motion to intervene as well as the motion to extend the auction time frame. The Court has scheduled a conference to discuss NYCDSS’s request.

Dame Dash recently announced he is sweetening the pot for those planning on placing a bid. Earlier this month, following reports that Jay-Z would regain rights to Reasonable Doubt in 2031, Dame revealed he would be giving away a Roc-A-Fella chain to the winning bidder who exceeds $10 million.

“You get an original Roc-A-Fella chain from off my neck,” Dame said in a video shared on social media. “’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.”

See Dame Dash offering a Roc-A-Fella chain to anyone who bids $10 million to buy his stake in Roc-A-Fella below.