Damon Dash watched his film production company sell for a measly $100.50 at a court auction on Tuesday, but the hip-hop mogul’s financial troubles are far from over.
The former Roc-A-Fella Records co-founder’s Poppington LLC was put up for auction to help pay more than $1 million in damages from multiple defamation lawsuits. Only one bidder showed up.
According to the Washington Post, Muddy Waters CEO Mike Muntaser won the bid. Ironically, Dash owed Muddy Waters more than $4 million, which led to his assets being auctioned off.
The legal dispute began over their work on the independent film Dear Frank. In 2022, a New York jury found Dash liable for copyright infringement related to the film.
A federal judge later upheld the verdict. Webb also received a separate $4 million defamation judgment after Dash made remarks about Webb on a business podcast
The sale includes the rights to Dash’s most famous film, “Glory,” starring Dash, Cam’ron and Stacey Dash. Other films in the box set include the sequel “Too Glorious,” the documentary “Welcome to Blackrock” and the personal film “We Go to China: Our Search for Like-Minded People.”
Dash filed for bankruptcy in September, claiming that despite owing $25 million in federal and state taxes, child support and other debts, he only had a few thousand dollars.
After the sale, film producer Josh Webber will still owe nearly all of Dash’s $4 million judgment. The $100.50 sale did little to reduce the Dash balance owed. The legal battle has already prompted him to sell one-third of Roc-A-Fella Records for $1 million at auction in November 2024. The government purchased the shares to recover $8.7 million in taxes owed by Dash.
Jay-Z tried to stop the auction through legal action, but the auction went ahead. The state now owns part of the company that released Jay-Z’s debut album.
Dash’s legal troubles continue to intensify.
Josh Webber and attorney Chris Brown filed a new $10 million lawsuit against Dash last week in Los Angeles federal court.
Dash sabotaged a $10 million contract for Webb to direct and produce a film called “TORN” by publicly calling Webb a criminal and threatening RICO charges, the lawsuit alleges.
According to court documents, Weber reached a $10 million agreement in August 2025. But the deal fell apart weeks later after Dash appeared on The Breakfast Club and made a statement about Weber.
Dash then sent Webb a text message threatening a civil RICO lawsuit and demanding $100 million. He posted the news on Instagram with a mocking caption.
The lawsuit alleges that an investor requested that Weber be removed from the TORN project because of the reputational risk posed by Dash’s allegations.
