Overview

• Damon Dash's shares in Roc-A-Fella Records were auctioned for $1 million, with New York State purchasing them to help settle his significant tax debt.
• Dash expressed disappointment over the auction process, criticizing former partner Jay-Z for not participating in the bidding.
• Jay-Z's legal team had previously asserted that the copyrights to the album 'Reasonable Doubt' would revert to him in 2031, impacting the auction's value.
• The auction aimed to address Dash's $8.7 million tax debt and additional unpaid child support obligations.
• Despite the sale, Dash voiced his intent to move forward and focus on new ventures, while feeling his reputation was being undermined.