New York State Acquires Damon Dash's Roc-A-Fella Shares to Settle Tax Debt

Damon Dash's shares in Roc-A-Fella Records were sold to New York State for $1 million to cover his $8.7 million tax liability.

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.