Dame Dash has promised to give an original Roc-A-Fella chain to anyone who bids over $10 million for the rights to his share in the legendary label.
On Monday, the Roc-A-Fella Records co-founder shared a post on his Instagram where he revealed he'd give an "original" label chain to the person who drops a bag in the auction that U.S. Marshalls are holding on August 29. According to Dame, he's the only one to hand out Roc-A-Fella chains, and he claimed it would not be an official piece if it didn't come from him.
"If you do wanna buy one-third of Roc-A-Fella Inc. you are gonna have to bring some bread, and anything over 10 million, I'm gonna sweeten the pot," said Dame. "You get an original Roc-A-Fella chain from off my neck. '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."
He added, "So, again, if you're gonna call, please have the intention of spending some real money and actually completing the transaction. But if you come with the right amount of money, you're gonna get a chain, or at least you'll have to battle the homeboy on the first right of refusal."
The 33.3 percent share Dame has in Roc-A-Fella lies in Jay-Z's debut album, Reasonable Doubt, which is the only asset in the once-storied label. Dame's announcement comes after Jay and his legal team filed a notice that the rights to his album would go back to him in 2031. However, Dame combated that by telling potential buyers that a piece of the company was on sale, not a copyright.
"They can say what they want, this sh*t is still for sale," Dame wrote on IG earlier in August. "You're not buying a copyright, you're buying a piece of a company ROC A FELLA INC. Please only serious inquiries only!"
Whoever puts up the money for the share will own the rights to the album and make revenue for up to seven years when it goes back to Hov, as was stated in his first contract with the label.