Jay-Z Files Claim For "Reasonable Doubt'' Master Rights Ahead Of August 29th Auction

[ajnapoleon]

This also explain why in the past two weeks Dame's been on IG talking about "if the bid goes over $10m I'll give you a Roc chain"

Because he knew, before the news leaked obviously, that the auction needed to cover more than just the lawsuit. And that he needs $10m at least to even start seeing a profit. Everything $10m or less is going directly to child support, NY State, and Webber, in that order.

So it's just another case of Dame trying to slick talk is way into appearing like a hustler when he's just begging for someone to bail him out of the situation.

Kanye not helping?


Kanye owes his entire career to dame and the only real star that was on the roc

 

[Cladyclad]

No matter how much debt he has, they have to believe that the asset will garner at least the minimum bid amount.

The judge is hoping Jay Z payoff the debt. Because he would be the only logical person to buy that 1/3 for anything over 500k. I just dont see no smart person buying it at all

 

[Harry B]

No matter how much debt he has, they have to believe that the asset will garner at least the minimum bid amount.

But why would they raise it if there is demand if it's an auction, the first bidder could just put 3m off the bat.

Like the article states, and they themselves, it's due the debt amount increasing from 800k to 10m.


The state literally hijacked Chris Brown's (the lawyer always chasing Dame)) lawsuit and said we get the first 1.9 million and then you get yours.

But since there is a minimum threshold nobody gets anything if Chris Brown doesn't get his (since he's within the 3 million threshold).

 

[Yehuda]

I actually hope an incautious unsuspecting hypebeast cac spends bread on this only to see it revert back to Jigga a few years from now.

 

[L. Deezy]

Dame is really in bad shape. I thought he was rich person broke, but those back taxes are problematic (you can't even file Bankruptcy out of those).
Based on the article, he owes the following:

$193,000 - Back Child Support
$8.7 Million - Unpaid Taxes
$823,000 - To Webber (original lawsuit)

Just read the article.. sheesh

He had the easiest executive job amongst the players in the 90s.. all he had to do is be in the corner of hos biggest asset which was Jay. Smh

 

[DontEemTry]

What's not adding up here is why nikkas like Kanye or Cam don't step in and cop that shyt and let Dame give them an IOU

 

[MicIsGod]

What's not adding up here is why nikkas like Kanye or Cam don't step in and cop that shyt and let Dame give them an IOU

I think it reverting back to Jay relatively soon is the hang up.

 

[DontEemTry]

I think it reverting back to Jay relatively soon is the hang up.

Yeah but get your mans out of a jam my nikka, why would Cam or Ye really give a fukk about RD in the first place

 

[Deltron]

What's not adding up here is why nikkas like Kanye or Cam don't step in and cop that shyt and let Dame give them an IOU

You answered your own question.

I don't think they want any kinda IOU

 

[vdfebduderocks]

no way in hell all 3 will be satisfied in full. They'll have to prorate the bid across the 3 creditors.

 

[MicIsGod]

Yeah but get your mans out of a jam my nikka, why would Cam or Ye really give a fukk about RD in the first place

Why would I spend a million or so for something that will be worthless to me soon? How rich do you think they are lol

 

[ajnapoleon]

Just read the article.. sheesh

He had the easiest executive job amongst the players in the 90s.. all he had to do is be in the corner of hos biggest asset which was Jay. Smh

People keep passing over the fact dame was spending company money on wild shyt


And not telling the other 2


How long would you let that happen


It’s could not have been just once or twice


Beans said jay told him to chill with the street actives more than a few times


At a hat point do you just leave and say fukk it

 

[ajnapoleon]

Yeah but get your mans out of a jam my nikka, why would Cam or Ye really give a fukk about RD in the first place

Breh that man insinuated he was a pdfile with foxy a few times


Nah you do that we done


That’s not your mans at that point

 

[Formerly known as...]

What's not adding up here is why nikkas like Kanye or Cam don't step in and cop that shyt and let Dame give them an IOU

It's almost worthless. Jay wouldn't do business with either of them and then in a few years it's all his anyway. This is a bad situation for Dame. Nobody in their right mind paying for this really. Kanye/Cam better off just giving Dame money if he needs it.

Jay just needs to sit tight and wait it out.

 

[Standing on business]

Why would I spend a million or so for something that will be worthless to me soon? How rich do you think they are lol

Kanye west spent $60 million on a Malibu house just to let it rot. Kanye has money to blow. I think people don’t fukk with dame like that.