When The Checks Stop Coming In
Posted by Bossip Staff
Although Bossip exclusively chopped it up with Damon Dash late last year and he denied rumors that his checks stopped coming in, sh*t has reportedly hit the fan:
A bank wants his Tribeca condos, the city is seizing his SUV and his lawyer dropped him for not paying his legal bills. The co-founder of Roc-A-Fella Records and Rocawear – who in 2005 sold his share in the clothing empire to Jay-Z for $20 million – is under assault in Manhattan Supreme Court from lawyers, lenders and landlords fed up with not getting paid. The fall has been a dizzying one for Dash, who has gone from owning Keds, a vodka company and 1,300 pairs of shoes to dodging bills and accusing a former accountant of ripping him off for millions of dollars. “I’ve worked with musicians, artists and entertainers that in the eyes of the media are very wealthy,” said lawyer Jason Gabbard, who represented a fashion firm that settled a suit against Dash and his wife over $148,505 in unpaid fees. “But to borrow a phrase from my Kentucky homeland, they haven’t got a pot to p— in – they’re broke.” A Manhattan judge this week ordered the city to seize Dash’s Chevrolet Tahoe, since he wasn’t making the $714.99 monthly payment on the leased SUV.
Ever since the Camel break-up, the checks have not been coming in for poor little Dame. It may be about time to get a “regular” job again, and quit playing rap mogul with no rappers.
Pop the hood and get a gander at broke @ss Dame with a jumpoff, Valeisha Butterfield, and his daughter Ava, at the Jim Jones bufoonery.
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Im so not interested in this topic yawn* second or third!
this ***** look like jermaine durpi to me
dupri
Hello.
How does one put up an avi on this website?
this dude is a sucka
Talk about falling on hard times. I guess when it rains it pours for you brother. The question I have is how is it possible to have been in the position you were in and make no connections or have any business savvy to make moves without Jay z?! Give me 20 million and watch me triple that in less than 2 years.
Forget a regular job, go back to school!
what has he been doing with hisself …I thought he was a smart dude..thats crazy the Tahoe? he cldnt hold on to the Tahoe…Shyt!
People don’t realize money don’t last forever.
This is a shame really.
Jay-Z nor Dame have been hot since the fall of the rock
Damn…Dame must’ve had some terrible spending habits. Before Jay and Dame parted way’s Damon Dash had the front page of the art’s section of the Washington Post because of his 500,000,000 dollars of revenue that Rocafella made in like ‘02 or 03′ the year before they sold the company. My dates are most likely off a bit though. But, still 500,000,000.00 and now you don’t have *****!!???? WOW!
LOL! That’s what he get…KARMA is a ***** and he is getting what he deserves! He’s an *****hole!
GO JIGGA!!!
PURPPLE must be on crack! Jay Z not HOT! Whateva!
@High Life
You are right ..With the right investments it can last to infinity and beyond..he must of thought he was gonna ride Jay-z straight into retirement.
How in the hell do you have $20 million and be broke withen 5 years. Remember his show So you want to be a hustler? Well, he lost.
Damon is a mess, and an eyesore
Can anyone direct me to my profile or how to put up an avatar? Are we allowed to post site links on here?
If I can recall, Dame and Jay started to fall apart when he put Cam’ron as President or something at Roc a fella without consulting with him first and he did it when Jay was on vacation. Also, I read that Jay really cut ties with Dame and from the response was hurt when he did that video with Cam’rom with Jay Jay, I can’t remember the name.
I guess Dame didn’t make Jigga – Jigga made him.
G Money your mothers on crack..thats my opinion..keep it movin…
“All these *****z taking credit for the work that I put in
If you really put me on put yourself on then”
lol…so true, so true
That is not a jumpoff LMAO Bossip get it together. That’s Valeisha Butterfield, the Executive Director of the Hip-Hop Summit Action network.
Dame is hot mess though.
@ booyah
I think you go to Gravatar . com
@Hih Life
Thanks for the reply. I know how to make an avatar/gravatar. I was wondering how does one put it up on this site? Is there a profile link to add our information?
I luv chocolate bruthas. Damon How u doin! Call me 210-519-1984.
That is Valeisha Butterfield from WEEN, is that really his jumpoff?
LOST ONE!!!! JAY SAID IT
Dame aint broke, he just aint payin’ anybody so it looks like he’s broke in the eyes of the courts. All those lawsuits I’d do the same thing.
If I’m not mistaken, I once read that his wife is a very wealthy and successful clothes designer.
Damn he do look like Jermaine Dupri!!! But oh how the mighty have fallen! God don’t like ugly.
Bossip, as an avid reader I must say I am upset that you are taking such a one sided stance on the situation. You can CLEARLY read that he is suing his accountant for mis managing his money. These record execs and moguls don’t sit in front of a computer and pay their own bills! They pay someone to do it for them! It is not right to put so much trust in one person to handle your finances and that is the mistake he and many others continue to make. He will rebound in some way. He is to smart and savvy to not. Building another empire from the group up takes time.
On another note, give Jim some credit. You realize that every review of his play from a credible news source stated that they were blown away. This is the only site to make a negative statement about it. I saw the play on opening night and was shocked and amazed. Bossip wasn’t even in attendance. Bossip readers, google reviews from about the play and you will get an acurate description from people who were ACTUALLY there.
Dame looks very rough in these pics, you can see the stress on his face. $719/month to LEASE a Tahoe? I think that sums it up, Dame doesn’t know how to manage his money.
If you didn’t know how to manage money before you become rich/wealthy, you don’t after. Oprah checks her own money. Don’t pay anyone to manage your own $$$$, an hour a day is all it takes.
What the heck did Aaliyah see in this idiot?!
Yes, yes… I was read about this on the train coming in to work this morning.
But ya’ll know how it go, Pay back is a Biatch!
After watching how the Wu Tang special on BET last night and seeying how Dame Dash signed ODB to a contract straight out of jail and not giving the brother no time to heal and get his mind and body back right again, you can see the desperation in Damon Dash then.
That was a down-low, gutter move I think on Dame’s part and what goes around, comes right back around to you and he’s catchin’ hell for it right now from all over.
I see why Jay-Z wanted to distance himself from Dame. Damon Dash obviously wasn’t the ‘thinker’ of the duo.
I knew Dam was stupid when Jay threw 20mil at him just to get lost. He was never the brains of business. I will never forget what Superhead wrote about him in her first book. She said they were on the the Big Pimping video set at 9am when this clown came out his trailer *****y drunk & just pasted out on the ground. Jay-z then did a sign with his hand & that’s when someone just came & picked Dam up & removed him from the set. I kind of figured he was not a business man. Just a fool enjoying the perks of a temporary ride that is almost over. His next move will be a tell all.
He hasn’t been hot since the late 90’s, early 00’s. It’s time for him to get a regular 9-5 like everyone else in corporate America and get out of the game. Sucks to be him!
That’s the same jumpoff that The Game was supposed to be marrying until he found out she was jumping off with half the industry and a few football players before him. I guess she found another bank account….but it looks like the wrong one….
Broke is the new rich. F-it. We are all losing money, let’s not clown him for this. It is going on all around the world. It is not funny and his mans and them should pay his car note at the very least.
That’s the same jump off (Valiesha Butterfield) that The Game was supposed to be marrying until he found out she was jumping off with half the industry and a few football players before him. I guess she found another bank account….but it looks like the wrong one….
How did Jayz buy roca wear from dd for $20 million, and then sell to Iconix 2 years later for $200 million? Someone got ripped off
@ Booyah
Go to GRAVATAR website and load your picture there. Then when you come back to Bossip to post, you’ll be like the rest of the BEAUTIFUL PEOPLE!!
It’s funny that you think Dame Dash is broke just cause he ain’t paying. Dat ***** always been about his money. Any tru Roc stan would know that.
@ 2cute4u
Because Jay-Z was the one who had the BRAINS to think of ways to make money DOWN THE ROAD!! Like, you can’t be a kid forever, dude.
***NOTE TO THE YOUNGIN’S:
THIS is what separates the men from the boys. Jay-Z was smart enough to cut this looser Dam loose, lest Jay-Z would have been dragged down with Damon Dash if he’d stayed in business with him.
What happened to them young boys he used to run with… the one who wore the pink all the time, Cam? Where them fools at.
Ha Ha… even Jewelz Santanna got the hell out their camp.
In actuallity this is a really bad way to go down…
I’m just sayin’
I’m doing a scrapbook for my grandson… and sorry, Dam, but I’m going to have to put you on the pages that follow after O.J. Simpson:
BLACK MEN WHO MADE MONEY, THEN LOST IT DUE TO THEIR OWN STUPIDITY!!!
Tsk tsk… shame on it all.
Oh My GOOdness! He gon be crying like a lil’ *****!
I’m doing a scrapbook for my grandson, and sorry, Dam, but I’m going to have to cut today’s NY Daily News story out on you and enter it after O.J. Simpson’s story.
YOUNG BLACK MEN WHO BECAME RICH – THEN LOST IT ALL ON THEIR OWN STUPIDITY!!!
Tsk tsk… shame on it all.
NOW THAT’S *****ED UP!
LMAO…I BET THAT ***** WON’T BE POPPIN’ OFF AT THE MOUTH AND TALKIN’ RECKLESS TO PEOPLE LIKE HE USE TO….HE USE TO MAKE ME SICK BACK IN THE DAY..HE STAYED TALKIN’ ***** LIKE HIS STACKS WAS UNLIMITED…***** OUTTA HERE…
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Have a great weekend!!!!
@ Booyah
That’s how you do it, through Gravatar. I just did mines this same way earlier this morning. Once you do that and come back to Bossip to post, it’ll be up!
Now, if you’re not going to do it the way we’re telling you… then don’t ask!
I’m sorry, I’m an Executive *****istant, so I hate when people don’t believe me when I tell them something that I know to be right / true.
You ladies are making a major mistake, dame is not broke, dame just aint payin’ anyone so he can stay rich, rich white people do it all the time. Now while he did get ganked by Jay-Z for Rocawear (Jay knew that sh*t was gonna sell for $200 million at least a year in advance thats why he was so quick to buy out Dame and Kareem)Dame wouldnt be stupid enough to blow thru $20 million plus what he already had in such a short period of time. Like most smart black men (me included) he has to have more than one bank account outside the U.S.
Love 6am, the smartest person on Bossip
Oh yeah and dont forget, SMDH is a white man impersonating a black woman. (which I know you ladies already knew) And I’m pretty sure he works for Bossip, try typing the “N” word in here and see if you can.
A lot of Hip Hop stars from 1990-2007 will be broke soon.
The curse of Mammon. A fool and his money…
@ Chaka
Alot are broke, look at “Cribs” $4 million houses for a big greasy lipped, fake gold front wearin’ tatted up, saggy drawals deep south n*gga who aint even went gold?
@ Chaka
Alot are broke, look at “Cribs” $4 million houses for a big greasy lipped, fake gold front wearin’ tatted up, saggy drawals deep south n*gga who aint even went gold? All that sh*t is rented for the day, MTV aint into doing “property search” records.
See if he would act like *****y ***** ***** none of this would have happen looks like he didnt have all his ***** together. Some not all entertainers so have it together..let this be a lseeon learned from this one idiot to another idiot that may be getting ready to make the same dumb ***** mistake like not taking care of the important business..Now mr Dash will see how it will be to live normally without al his millions. Lesson learned I hope.. But if his chick has any change maybe she will help him out..I dont here much about her anyways.. and her clothing line aint about *****..its all ugly from what I seen..In white peoples news as “bossip would say take a look at the whites how many have you know to go “bankrupt” not to many if they do they have a back up plan which millinaire “black folks” don’t..Such a fuccing shame..No more bottle poppin and big Pimpin for you..LMAO!!!
I don’t wish ill fortune on no one but, this dude would brag and boast, now look at him. I care about the 170,000 refuges in Africa right now. A 3rd of them children separated from there family. The lil girl she’s only four wonders around with no one to take care of her. All she has is the cloths on her back; will she escape rape starvation and disease, even death? May Gods Kingdom come so that he can save the righteous.
I always figured he was an idiot. When he said he never wore a pair of shoes twice, I was so done after that.
Poppin’ bottles aint all its cracked up to be, I just got my Visa bill from vegas (sh*t was just 9 days ago) that $375 coulda fed 5 families this Holiday season………
See even 6am makes mistakes, not many though!
I don’t wish ill fortune on no one but, this dude would brag and boast, now look at him. I care about the 170,000 refuges in Africa right now. A 3rd of them children separated from there family. The lil girl she’s only four wanders around with no one to take care of her crying for her mother. All she has is the cloths on her back; will she escape rape starvation and disease, even death? May Gods Kingdom come so that he can save the righteous.
There’s no reason to expose that child to all that coonin’ & bufoonin’ that went on.
@ kigali
That’s all I remember about him. When I saw that on tv I was like “Theo, that’s the dumbest ***** I ever heard.”
LOL LOL
mufuccas sayin they made Hov .. made Hov say, ok so make another HOV
he’s playing broke
Poppin’ bottles aint all its cracked up to be, I just got my Visa bill from vegas (sh*t was just 9 days ago) that $375 coulda fed 5 families this Holiday season………
See even 6am makes mistakes, not many though!
^^ ummm… a discerning sista must ask, what the hell kinda bottle was you popping for $375 in vegas? you must have been popping boxes, as in box wine or some *****. $375 wont even buy dinner for two in a restaraunt worth going to in
THAT’S WHAT dAME GETS HIS OWN KARMA IS COMMING BACK TO GET HIM, hE KNEW HE WAS WRONG WITH THE SHADY DEALS THAT WENT DOWN WHEN ODB, SIGNED WITH THE ROC. I OWRK IN THE INDUSTRY SO, IM NOT GOING TO GO TOO DEEP ON THE TOPIC. BUT DAME DID SOME REAL FOUL *****, WHEH HE SIGNED OBD TO THE ROCK, THAT’S WHERE HIS DOWNFALL STARTED, AND EVERYBODY KNOWS IT. HE LOST HI SALVATION WITH GOD,! SO WHEN YOU AINT RIGHT WITH GOD, EVERYTHING ELSE WILL FAIL, WATCH IT’S ONLY GONNA GET WORSE FOR HIM
@ I got it like that,
One bottle of Grey Goose Vodka- $375 at “peotry” nightclub inside the forum shops at Caesars palace.
Dinner at 9nine steakhouse inside The Palms hotel was $232 with tip (sh*t was good, though not as good as Mastro’s in Bev hills.
so much hate for a guy you people never met…….
@ Black Entreprenuer,
Of course he’s playing broke.
That’s what happens when you lie, cheat and steal, foul comes back to you. He was always the follower never the leader…you can take the negro out the hood but you can’t take the hood out the negro…
I dont believe he is broke…
I dont believe it one bit that he is broke…
recession sucks…
6am
if you’re going to spend money on vodka you should be ordering jewel of russia and if you’re really going to be serious about it Kauffman
Okay, so, let me see if I have this straight…
So, when you have money you DON’T pay the bills?… I mean, not even the simple EASY payments, like paying $715 for a leased Tahoe? or paying the rent for your Condo’s and Manhattan offices? No…
Well, Gee, if I worked every day and not pay my rent, or car note or anything sure, I’ll have the money in my pocket, but WHERE IN THE HELL AM I GOING TO STAY?…
I might not have taken any Business or Money courses, hell, I’m not even good at Math, but I know one damn thang… If you don’t pay, then your ***** can’t Stay…
You will be sued for not paying rent and be evicted
You will get your car taken away if you don’t pay
I’m sorry, but, this ***** don’t sound right to me, I don’t know what kind of ***** ya’ll talking about because this is NOT how it works in the REAL WORLD – Maybe it does in ya’lls heads – but it ain’t going down like that in business.
MissBlaze43
I’m a bit confused. I wasn’t disbelieving what you said. I just came back to this site after logging out hours ago. Initially, when High Life responded to me, I thought he might’ve thought I was asking for a pre-made gravatar. I didn’t know until I read your first post that we had to go to Gravatar . com to make an account for Bossip.
I thank you for your help.
The NY Daily News says that this man’s own Lawyers have cut him off for non-payment. YOU DON’T PAY YOUR LAWYERS??!!! The ones who are trying to help keep your black ***** from going down and you don’t even pay them?
Nah, ya’ll ALL on some ***** if you believe this man isn’t broke… and granted, he might not be broke-broke, but he sure as hell ain’t got it like how he used to have it, so yeah, maybe what little bit he DO have he trying to hold on to, but you should have been thinking about all that before.
It’s too late to try and hold on to it now, Bruh. Them people want their money – and they ain’t playin’ about it either.
Bossip ain’t listing the STATS:
Let’s start w/ the EASY PAYMENTS 1ST:
$715 for leased Tahoe
$4,500 for Workers’ Compensation Board for Insurance
$29,000 in Lawyers fees (they dropped his ***** as a client in April)
$32,300 State DEPT. OF LABOR
$67,000 in Legal Bills – They sueing his ***** for the money
$1,000 in Federal LIENS ON CONDO
$863,500 Tribeca Condo Mortgages for two (2) Condos
$2.1MM for not paying 2005 INCOME TAXES
Then you want to blame your Accountants for *****ing up your money?
Can You Say: WESLEY SNIPES!!
@ Booyah
No problem. Nice Gravatar… I likes
I GOT IT LIKE THAT
6am
if you’re going to spend money on vodka you should be ordering jewel of russia and if you’re really going to be serious about it Kauffman
———————————————–
If you really want some good ***** Vodka, go up into the hills of Kentucky to one of those “distillaries” they have in the woods.
I’m not kidding you, THE BEST VODKA I’VE EVER HAD and I’ve tried just about everyone of them.
It put all that high priced ***** to shame. At 10 dollars a gallon you damn sure can’t beat that.
I’ve know he was broke for a while. He had a house here in Malibu that was foreclosed on a while ago. Before that is was for sale forever. It was a pretty nice house on 5 acres. Now it’s just sitting rotting surrounded by a wall of dry brush (total fire waiting to happen). I can’t even see the house anymore.
This guy is an idiot.
Oh-oh… and about his wife being rich / wealthy, here are STATS on what he SETTLED:
Dash agreed to pay $145,000 to 25 West 39th Street Holdings which accused him of OWING $650,000
Designer, Charlotte RONSON (yes, sister to Samantha who is dating Lindsey Lohan) Dash owes HER $337,000 – but was settled
Him AND wifey were sued for $148,500, but was settled
So, in essence, he has paid some of these debts off, BUT IT AIN’T NEARLY ENOUGH.
Come up off that dough, Dash, ’cause the TAX MAN – they NEVER go away….
Im sorry ya’ll but I like grey goose, it doesnt give me a hangover and its really smooth.
@missblaze,
nah luv he aint broke, he just aint payin’ anyone, now the part about the lawyers suing him may be true, he hasnt paid them because they keep losing
in court, but I bet he pays the initial retainers for every new set of lawyers he gets!
6am’s reasosn why Dame cant possibly be broke;
1. his wife aint left him yet.
2. you dont hear anything about missed child support payments.
3. he’s living somewhere aint i bet it aint in the projects.
4. i dont think that Tahoe is his only car, maybe his only “leased” car.
5. I havent heard anything about bankruptcy, thats how you know a ***** is really broke, that gives the government access to all your sh*t.
6. I think dame overspent and now he’s trying to correct his sh*t without spending any money.
Love 6am, the smartest person on Bossip
This is how you know for a FACT Dame is as broke as Stevie is blind.
Some bills need to get paid every month they never change, such as mortgage, phone and PG& E if you have a car that would include you car payment.
Now Dash isn’t paying his monthly set bills. Which leads most of us to believe that Dame’s checks have made a Dash for the border.
He deserves everything that’s coming to him. He is evil and most be destroyed. I don’t like this character.
@ It’s6AM
There’s a correction to what I listed was Settled… the fact remains that NOTHING HAS BEEN SETTLED. Dash still owe them people.
As for your numbered list as to why Dash isn’t broke, I’ll say it again… IF YOU DON’T PAY – YOU CAN’T STAY!!!
The last item on your list, #6 HONEY, THE TAX MAN AIN’T GOING AWAY…
How is he going to OVERSPEND and LOL… how did you put it “now he’s trying to correct his sh*t without spending any money.”
That ***** ain’t gonna play out like that, Son. His ***** has gots to PAY UP!!!!!
Them people want their money – Dash has tried to out-DASH them for the last time.
Point blank, simple as that: THEY WANT THEIR MONEY!!
I’m not surprised. If you never learn how to count your money…….how it’s coming in, and what it’s going out to……you’re gonna be broke.
Then they invest in stupid, fabulous stuff.
When I make it, no one will ever know I have it! I’d be the most modest person in my area.
What a fool
It always amazes me now Blacks (ni##a’s)Hate their own….(i.e.–revel in another blacks fall!)
Hate on Ni##a’s…your days are indeed numbered!
hahahahahhaha
think
It always amazes me now Blacks (ni##a’s)Hate their own….(i.e.–revel in another blacks fall!)
Hate on Ni##a’s…your days are indeed numbered!
It always amazes me how blacks hate their own!(i.e.–revel in the downfall of other blacks…
Keep it up…..blackie’s! your days are indeed numbered!
Isn’t damon the FUBU guy!!! Wow soo not cool
first of all, I will never get over how some posters on this site will always call any negative comment as bringing down the “black race.” it’s sad that many can’t still see themselves as individuals who can have INDEPENDENT opinions that have nothing to
do with their particular ethnic group. everything has to br brought back to race.
second of all, please use this opportunity to educate youself about personal and business management. it’s silly to judge this guy, but then not take a look at your own financial situation and *****es it.
damon dash may be good at making money, but not at managing it or making it grow. those are three separate skills: acuqiting money, keeping/managing it and making it grow.
i couldn’t care less for Jay-Z, but this goes to show jay-z does have some real sense when it comes to money. they borth started together and look how each is ending up…
I remember when this nucca was so damn *****y and he thought he had it all…….. now look @ his *****… he *****ED OUT!!!!
IS IT DAME DADDY DAME DIDDY OR DAME DUMBY OH I GET IT YOUR BIGGY AND HE’S PUFFY-NAS..EITHER
Are you serious this dude leased a Tahoe? He should have been able to buy that with cash. Hard times homie. Hard times.
Are you serious? He couldn’t even afford the lease on a Tahoe? A lease? Dag Dame. Talk about a fall from grace.
this really makes me laugh. this is the same dude who once said that he doesn’t buy cars, that’s corny, I now only buy planes. While we were all struggling….
and anyway, if he didnt say that i am glad to see this happen, coz he is a *****hole
Dame needs to stop frontin…..
You should have given Jay his masters man. Oh well
Um.. i said You should have given Jay his masters man. Oh well
I just sent valiesha a message that bossip called her a jumpoff, Wow
20 mil get burned thru real quick when you throw away undergarments after being worn once instead of washing them (referring to his cribs episode, not that i believe that isht)
I still dont think hes Broke. he seems like a pretty smart dude business-wise. So what he lost a couple condos and a car or two, N#@@as need to stop livin in EXCESS anyway.
Baby girl is beautiful. Got them good Genes like her cuzin Stacy.
who tha hell pays 715/month for a *****in Tahoe??? can you say FOOLISH!