Dame Dash has revealed that Drake has approached him with an offer to purchase his one-third ownership stake in Roc-A-Fella Records.
Speaking on his America Nu Network, the Harlem entrepreneur explained that Drake reached out through Instagram, sparking a conversation about acquiring Dash’s shares. While Dash did not specify the amount offered, he hinted that it was a significant proposal.
According to Dash, Drake’s interest in owning part of Roc-A-Fella Records, which holds rights to Jay-Z’s iconic debut album Reasonable Doubt, came as a surprise.
He mentioned that he initially thought Drake might have been in talks with Jay-Z, but there was no confirmation. Dash expressed that this could be a prime opportunity to finalize the sale, but stressed that Drake would need to prove his financial capability before any deal moves forward.
Dash also speculated about how Drake could capitalize on this potential ownership in a high-profile way. He suggested that Drake could make a statement at next February’s Super Bowl, where Kendrick Lamar will be performing, by attending the event wearing an original Roc-A-Fella chain. Dash had previously offered the chain as an incentive to whoever buys his shares.
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Despite Dash’s claims of negotiating the sale, the situation is more complicated. Following a legal battle with film director Josh Webber over copyright infringement, Dash was stripped of his authority to sell his shares.
According to Christopher Brown, Webber’s lawyer, the U.S. Marshal now holds the right to auction the shares. This has raised questions about Dash’s ability to follow through on any potential deal with Drake.